Introduction To U-Farm
U-FARM was established on September 29, 2020, using GameFi technology to create the project.
By leveraging GameFi technology, U-FARM has transformed offline farms into online operations, integrating internet assets and farm operations in the process.
The project aims to build a meta-ecosystem of farms, ranches, and processing plants for agricultural and livestock products, with plans for urban construction and financial centers in the future.
U-FARM is currently the largest Metaverse platform in Africa and is backed by Hyperchain Capital, with participation from Binance, Roblox, Unity Software, Microsoft, Amazon, Nvidia, and Alphabet.
How To Make Money On U-Farm
Users can rent farm land for one year.
Upon renting the land, users receive a specific number of seeds and UFC coins.
Each plot can be planted and harvested once a day, and the resulting fruit is automatically sold for USDT.
The USDT is then recovered, recorded, and stored in the U-FARM mine pool.
These tokens can circulate globally through cryptocurrency exchanges.
After deducting transaction costs and commissions, U-FARM deposits the remaining tokens into the user’s account as planting income.
Different crop grades incur varying trading costs, commissions, and handling fees thanks to U-FARM’s unique GameFi technology and encryption algorithms, ensuring the uniqueness of each user’s data.
UFC Coin serves as the base token for U-FARM, facilitating communication and circulation within the network. UFC Coin is the basic unit of account on the U-FARM blockchain and can be converted to other cryptocurrencies or purchased using legal coins through smart contracts.
Income Sources of U-FARM Project
- Cryptocurrency trading commission:
U-FARM earns transaction commissions from the circulation and trading of tokens (USDT) produced by users through the project, which occurs through global cryptocurrency exchanges.
- Advertising traffic:
The process of growing crops generates large amounts of data traffic, and U-FARM charges advertisers for exposure to its large user base.
- Investment in real economy:
With a professional investment team, U-FARM achieves returns through investments in various projects, including blockchain projects, agriculture, animal husbandry, mining, banking, and engineering construction. This diversifies the investment portfolio and mitigates risks.
- Cryptocurrency investments:
50% of the funds raised from blockchain enthusiasts’ investments and donations are used for U-FARM’s construction, while the other 50% is donated to local charities.
Land Use Rules in U-FARM
- Potato Farm:
Rent: 30USDT, Seeds: 365, Harvest Value: 0.75USDT, Monthly Income: 22.5USDT, Annual Income: 274USDT
- Wheat Farm:
Rent: 100USDT, Seeds: 365, Harvest Value: 2.5USDT, Monthly Income: 75USDT, Annual Income: 913USDT
- Corn Farm:
Rent: 300USDT, Seeds: 365, Harvest Value: 7.5USDT, Monthly Income: 225USDT, Annual Income: 2738USDT
- Coffee Field:
Rent: 900USDT, Seeds: 365, Harvest Value: 23USDT, Monthly Income: 690USDT, Annual Income: 8395USDT
Note: All land is leased for one year (365 seeds).
If you want to upgrade the land, you only need to pay the difference. The account will be valid for a new one-year lease starting on the day of the upgrade, and any unused seeds will be recycled for the new land.
Withdrawal Rules Regarding U-Farm
Withdrawal window opening hours: 09:00am- 17:00pm (UTC/GMT+2) daily
Remittance window working hours: Withdrawals from Monday to Thursday will be processed the next day at the remittance window. Withdrawal requests submitted on Friday, Saturday, and Sunday will be processed on the following Monday.
Your withdrawal application will be credited to your account within 72 hours from the next day, considering only the working days of the remittance window (excluding Fridays, Saturdays, and Sundays).
Minimum withdrawal amount: 3 USDT
Users can withdraw profits to their bank account or their Binance cryptocurrency wallet.
This opportunity is available to citizens of Columbia, France, Germany, Italy, Turkey, Spain, South Africa, Sudan, the United Kingdom, and the United States.
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