Our Business Model

At the official launch of the protocol, BFI FISHFACTORY LTD shall run a Business Model and Equity investment plan for a class of business men and women called Angel Farmers.. These investors shares a total of 60% installment profit yield 2-3 times in a season depending on the dapp investment plan… A farming season shall include 2-3 batch of farming depending on farm products. An angel investor can decide to renew his investment plan after expiration of a previous season.

Do You nurse a dream of fish farming but you do not have the time, space or human capacity? We are inviting you to Fishfactory Blockchain Farm Initiative (BFI) as an Angel Farmer (Investor). 

HOW DOES FISHFACTORY BUSINESS MODEL WORKS

At the factory, we dedicated acreages of landed farm area (measuring 200ft. long by 150ft. wide), with a total of 36 Standard Ponds on each plot. . An acreage area of land can breed 70,000 – 72,000 catfishes capacity in production every 4 – 5 Month unto Adult stage.
  • Each factory acreage of land measures 200ft. long by 150ft. wide. While Each ponds measures 18ft. long by 9ft. wide with the holding capacity of 2,500 adult-catfish per pond.
  • 60% farm yield is shared equally among angels farmers 2-3 times in a yearly (after every harvest) via dapp interactions
  • Each investment plan/package shall allow 100 or 150 angels respectively. And an angel investor shall commit 10,000,000 XFP tokens as investment contract entrance fee.

MATHEMATICAL DATA & VALUATION FOR ANGELS

  • Each Factory Acreage Capacity (FAC) shall breed and rear a maximum of 72,000 catfishes in 36 SMPs (Standard Mobile Ponds).
    NOTE: At the factory, A Standard Mobile Pond (SMP) measures 18ft long by 9ft wide in size
  • Holding Capacity (HC) of adult catfish in a SMP is 2,500 fishes
  • Mortality Rate (MOR) of each SMP is 200 fishes.
  • Target weight of adult fish at Pont harvest 1kg – 2.5kg
  • Current Market Value (MV) of 1kg of adult catfish averages 800 – 950 NGN (approximately $1.6 – $1.9 /KG).

STATISTICAL VALUATION FOR EMERALD ANGEL INVESTORS

If each fish weighs 1kg at a market value of 800 NGN/KG;
Therefore, 70,000 catfishes shall weigh 70,000 KG approximately.

Valuation of an acreage (i.e. 36 Standard Mobile Ponds) in emerald package:
=   {[(FAC – (36 x MOR) in KG] x [CMV in NGN]}
=   {[(72,000 – (36 x 200)] KG x 800 NGN}
=   [62,800 x 800 NGN]
=  50,240,000 NGN

60% Profit share of an acreage (i.e. 36 Standard Mobile Ponds) =
=  50,240,000 NGN x 0.6
=  30,144,000 NGN

40% is spent for the next batch of fish breeding/rearing feeds.
Note: 2,500 fishes/Pond will consume 180 Bags of feeds unto adult stage

STATISTICAL VALUATION FOR prime ANGEL INVESTORS

🔹 Prime Angel Farming is an investment plan that allows 100 participants or wallets with a fixed investment of 10,000,000 $XFP to hatch and rear MIDR.CF (Midrange Catfishes) in a season with 3 batch of farming. All participants shares 20% of profits yield at the end of each batch of farming. 

If each  4 fishes weighs 1kg at a market value of 700 NGN/KG;
Therefore, 70,000 catfishes shall weigh 17,500 KG approximately.

Valuation of an acreage (i.e. 36 Standard Mobile Ponds) in emerald package:
=   {[(FAC – (36 x MOR) in KG] x [CMV in NGN]}
=   {[(17,500 – (36 x 200)] KG x 700 NGN}
=   [62,800 x 800 NGN]
=  50,240,000 NGN

20% Profit share of an acreage (i.e. 36 Standard Mobile Ponds) =
=  50,240,000 NGN x 0.2
=  30,144,000 NGN

40% is spent for the next batch of fish breeding/rearing feeds.
Note: 2,500 fishes/Pond will consume 180 Bags of feeds unto adult stage

Frequenetly Asked Questions (FAQ)

FISHFACTORY PROTOCOL ($XFP) is a utility asset digitizing catfish farming. $XFP will achieve synergy & value via consensus and product value. Fishfactory Protocol will be used to buy and sell catfish from factory, rear catfish as angel investors, create BFI Jobs and backs Fishfactory NFTs (Type A) arts.

Fishfactory Protocol is developed & operated by BFI FISHCATORY LTD. And the company (BFI FISHFACTORY LTD) is a fully registered and legal complaint COY in Nigeria at the Corporate Affairs Commission with registration No:
RC – 1812854
Factory Location:
New-Layout, Oviorie, Delta state. Nigeria.
Contact No:
+234 704 4274 9698
CLICK HERE TO VERIFY COY RC

BFI FISHFACTORY LIMITED shall run a Business Model and Equity investment plan for a class of business men and women called Angel Farmers. These investors shares 60% installment-al profit yield 2-3 times in a season. A farming season shall include 2-3 batch of farming depending on farm products. An angel investor can decide to renew his investment plan after expiration.

At BFI Fishfactory LTD, A season is a duration of fishfarming that has 2-3 batches depending on the class of product being farmed.
PRODUCTS HARVEST DURATION PER SEASON
👉 Class A (MIDR.CF) – In this class of produce, A batch would last 14 wks and runs 3x/Season
👉 Class B (BBQ.CF) – In this class of produce, A batch would last 20-24 wks runs 2x/Season
👉 Class C – 4-5 wks (6x/Season).  This class is not not open for public.
👉 Class D – 50 wks (1x/Season). This class is not not open for public.

An Angel farmer who intend to hatch and rear catfish at the factory together with other 99 OR 149 members, shall commit a minimum investment of 10,000,000 $XFP or more as a Dapp Investment Contract entrance fee in DAPP contribution (& locked) to activate the Angels investment plan for fish farming for a season. An XFP (Lp) token is returned as Angel Investment Lp token to reclaim USDN or USDT earned from each batch harvest. Only a maximum of 100 or 150 Angel Farmers are required per opening of a Prime or Emerald fish farming season.
Read How Business Model Farming works & How to Apply for Angel Farming

Fishfactory Protocol farm produce are classified as follows:
#1. Class A – MIDR.CF
#2. Class B – BBQ.CF
#3. Class C – JUVE.CF
#4. Class D – HACT.CF
👉 Read Details on Medium

BFI Fishfactory Protocol can already boast of about 2.044 Hectares of land (i.e. over 40 plots of land acquired, measuring 1,100ft. long by 200ft. wide) to kick-start the factory’s installations of her Farmsteads and Ponds.

The capacity target of the Protocol is to build its initial farm on at-least 10 hectares of land, before branching to other Geographical locations.

$XFP can be bought at the Sales and on DEXs or CEXs after listing.

  • It’s a viable use-case that promotes the protocol for business benefits of fish farming. Perhaps, you want to fish-farm but don’t have the resources or know how. Farming at the protocol gives you a chance of recurring income as profit every season.
  • Outside of the viable use cases of $XFP, BFI Fishfactory Limited also commits to releasing installments of profit yield funds into institutional dexes after every harvest period to boost liquidity and volume.
  • You can become an ambassador, a staff or a shareholder of BFI Fishfactory LTD.

How to Buy $XFP

If you missed the sales, then, the only place to buy or sell $XFP safely is on rounted and audited Dexes like Waves.Exchange, PancakeSwap or BakerySwap etc. $XFP will be listed on centralized exchanges. But CEXs have a history of locking funds. If you can, it is safer to trade on Decentralized exchange as mentioned above.

Our community

Our community keeps growing everyday. Please join our social platforms to get updates using the links below. Our communities is made up of blockchain enthusiast, angel investors, online and offline farmers, Real world traders, employees etc. Join today!

For any enquires, please send a mail: support@fishfactory.cc