News Prominent Blockchain Expert and Entrepreneur Keith Teare Joins Pavo’s Advisory Board
Bitcoinist | Apr 09, 2018 | 23:30
Pavo, the state-of-the-art IoT blockchain platform that allows growers to manage their crops from seed to consumption, has attracted superstar veteran of digital entrepreneurship, Keith Teare, to their advisory board.
Teare is perhaps best known as a founding shareholder in TechCrunch and as an entrepreneur in his own right who has founded numerous successful digital startup companies, a couple of which have been valued at over $1 billion, including EasyNet and RealNames. The serial entrepreneur has also founded or led other hugely successful companies such as Accelerated Digital Ventures, Archimedes Labs, and Minds and Machines Inc.
Pavo is an innovative IoT blockchain solution for the global agriculture ecosystem. The platform enables growers to make smarter, faster agricultural and business decisions based on data in real-time. The app’s main feature is that it gives growers the ability to analyze and adjust for optimal growing techniques and to measure and manage entire cultivation operations from anywhere in the world. In other words, a farmer could be growing crops in a number of locations globally and still be able to centrally control and adjust for conditions in each locale. Pavo lets growers record, report on, and analyze all of their cultivation activities from planting and spray records to shipping, and they can even track labor costs and productivity.
Teare says he was attracted to Pavo’s platform because he is a huge fan of how they are deploying IoT (Internet of Things) and blockchain technology to help make the world a better place. Teare is, of course, a well-known figure in the crypto community and has been incubating digital startups for most of the 21st century, with his own entrepreneurial history reaching back to the 1980s.
Teare argues:
It’s become part of my life’s purpose to seek out and support projects that are going to have a maximum impact on the future of an industry. Pavo is one of those companies that is bringing together blockchain and state-of-the-art IoT technology in a way that will forever change the future of farming and AgTech as we know it. Agriculture is the lifeblood of human activity and success, so it’s important to develop tools now that growers and farmers need for tomorrow.
Pavo’s development team intends to do just that. By 2050 the world population is expected to increase from today’s 7.5 billion to 10 billion people. The agricultural activity required to meet the growing demand will certainly have an environmental impact, which is something environmentalists say we need to prepare for and address today. The Pavo app is a tool that could help mitigate agricultural pressure on the environment by monitoring irrigation and electricity consumption and by improving supply chain coordination and distribution tracking. This will allow the agricultural industry to make the most effective use of resources to produce higher yields while increasing environmental sustainability.
Pavo’s CEO and Co-Founder Erhan Cakmak says he was thrilled when Teare agreed to join the company’s advisory board:
Keith has a proven record in guiding companies that are conducting ICOs. He looks for a high standard of business and technical potential backed up by a strong development team, and we know we will benefit from his many years’ experience helping to make great companies into successful ones.
Cakmak adds:
Our platform is built on two innovative pillars, IoT and blockchain, and we are dedicated to delivering a truly ground-breaking AgTech tool.
The project’s development team already has experience implementing crop management and IoT technology for the agricultural industry, which has proven successful in improving almond and hazelnut yields in Europe.
Further, Pavo is launching PavoCoin (PAVO), a cryptocurrency payment system for the entire agriculture ecosystem to enable new financial services and decrease costs with frictionless, cashless transactions.
The PAVO token enables growers, producers, wholesalers, retailers, and service providers in our network to accept digital payments from their customers and community members. Because it’s built on blockchain technology, product quality, supply chain activity and all transactions are transparent throughout the ecosystem.
The PavoCoin ICO pre-sale launches on April 10th, 2018. During the pre-sale tokens will be offered with a 33% bonus and a 10,000 PAVO minimum purchase. The public token sale will begin on June 12th. Pavo is working with ICOBox, the world’s premier SaaS solution for companies conducting their own ICOs. Find out more about Pavo at pavocoin.com
Images courtesy of Pavo
