The post Peaq Unveils Tokenized Robo-Farm in Hong Kong appeared on BitcoinEthereumNews.com.

In brief DualMint, peaq, and KanayaAI are building a tokenized vertical robo-farm in Hong Kong. Vertical farming grows food in stacked layers indoors, using less land and water than traditional farms. The project links farm cash flow to NFTs, giving holders returns based on food sales. Peaq, a blockchain network focused on the so-called Machine Economy, announced Tuesday the launch of what it calls the world’s first tokenized robo-farm. The project is being developed in partnership with DualMint, a platform for tokenizing everyday businesses, and KanayaAI, a Hong Kong-based urban agritech company. At Korea Blockchain Week 2025, peaq co-founder Leonard Dorlöchter said the project is designed to run autonomously and enhance food infrastructure. “It’s a vertical farm which is autonomously farming and producing crops and has a yield of approximately 20%,” he said. “Can you imagine just with a farming machine you can generate a yield of 20% while contributing to critical food infrastructure?” Vertical farming—the practice of growing crops indoors in stacked layers, often in warehouses, shipping containers, or purpose-built towers—relies on artificial lighting, climate control, and hydroponics to produce food in dense urban areas where land is scarce. Advocates say it can deliver consistent yields close to consumers while requiring less land and water than conventional agriculture. With growing interest in the vertical farming space, the market is expected to reach $124 billion by 2035. The Hong Kong facility is designed for about 12 crop cycles a year, compared to three or four in traditional farming. According to Peaq, the system will use one-tenth the water, no pesticides, and ten times less land than comparable farms. Fresh vegetables, including lettuce, kale, and spinach, will be delivered directly to residents on a subscription basis. Where tokens come in Tokenization, the process of turning ownership rights in a real-world asset…

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Filed under: News - @ September 25, 2025 6:24 am