peaq, the Machine Economy computer, has unveiled the world’s first tokenized robo-farm on its blockchain. Built in partnership with DualMint, a platform that tokenizes everyday businesses, and KanayaAI, a leading urban agritech company, the semi-autonomous farm is located in Hong Kong, one of the most densely populated regions in the world. The farm will deliver fresh produce such as lettuce, kale, and spinach directly to homes on a subscription basis, with this demand forming the foundation for the token yields that represent the farm.
The initiative highlights how AI-powered robotics, referred to as Physical AI, is transforming industries. According to the World Economic Forum, smart robots are expected to reshape economies, and tokenized automation provides shared benefits for communities rather than concentrating them within a few corporations.
Through machine tokenization, communities worldwide can co-own and benefit from robots serving them, from unmanned stores to automated farms. For Web3, this creates an asset class tied to real-world demand rather than speculation.
KanayaAI has designed, built, and will operate the vertical smart farm, while DualMint has tokenized it on peaq’s blockchain. The farm automates nearly 80 percent of manual farming tasks using AI, robotics, and hydroponics, and it is set to go live in the fourth quarter of 2025. Compared to traditional farms, it will deliver up to 12 crop cycles annually, cut labour costs by half, produce 20 percent more crops, and use land 10 times more efficiently. It will also consume just one-tenth of the water and no pesticides, aligning with Hong Kong’s ecological goals.
The farm’s cash flow will be represented by NFTs on peaq, which will pay yields based on revenue. The waiting list for tokens is already open on DualMint’s website and the peaq Portal, offering early access to those who register.
“The beauty of Boring Robots is in their immunity to crypto market swings,” said Bill Lee, co-founder and CEO of DualMint. “The demand for everyday groceries has nothing to do with where crypto prices are today or tomorrow.”
Dr. Princeton Wong, CFO of KanayaAI, added, “Vertical farms provide a far more eco-friendly alternative to traditional farming, made cheaper and more efficient through robotics and AI.”
Leonard Dorlöchter, co-founder of peaq, said, “What peaq announced today is not just a breakthrough in technical or business terms, but an alternative route for humanity in the context of the Age of AI and Automation.”
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