VKenaf Project
VKenaf Project
Token: ERC-20

VKenafChain records the entire process of producing, manufacturing, processing, and selling Kenafas a blockchain. And it creates a healthy and transparent ecosystem through the issuance and distribution of VkenafToken. VKenafChain consists of VkenafB

PreICO dates
Start date: 2020-09-02
End date: 2020-09-14

ICO dates
Start date: 2020-09-02
End date: 2020-09-14

Registrated in: Singapore

Platform: Ethereum


VKenaf Project categories
VKenaf Project token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 8750000 USD
Hard cap 175500000 USD
Tokens for sale 14000000
Token distribution in ICO
Price 5 USD
Price in PreICO 5 USD
Acceppting BTC,ETC

Richwork is trying to solve the current environmental and energy problems facing humanity through a new bio platform that combines BlockChain and Kenaf, the world's four largest textile crops.

Our VKenaf Chain, which combines Kenaf and BlockChain, aims to establish a better working system in our industry by providing more transparency and security to consumers as well as producers.

 BlockChain technology tracks all activities and determines the validity of the majority decision, so that a single institution works in a democratic way of dealing with the market. As its power is evenly distributed among all participants, they are only responsible for decision-making by majority through taking part in decision making process.

 Kenaf, the basis of the VKenaf Chain, is a first-year herbaceous plant native to West Africa. It possesses various characteristics that are not found in common plants, and is evaluated as one of the world's four largest fiber crops. It is produced as about 25,000 products which are used in various fields of daily life and industries such as pellets, pulp and bio energy. Moreover, it has high productivity as it grows fast enough to be harvested three times a year, and is also eco-friendly with its ability to absorb a large amount of carbon dioxide.

Kenaf has great advantages in terms of environmental cleanup and resource development.

In environmental cleanup, there are two main characteristics.

First, Kenaf has a superior ability that is 40 times faster than the rate of photosynthesis in forests. So it can reduce carbon dioxide, which is the main culprit of global warming, and obtain a large amount of oxygen.

Second, kenaf plays a role in water quality purification due to its high absorption efficiency of nitrogen and phosphorus in the water. And it is possible to purify sewage as kenaf can be grown up to 6m by using sewage.

In terms of resource development, Kenaf is used as pulp, deodorant, soil conditioner, soundproofing agent, wallpaper, oil absorbent, food, nonwoven fabric and etc. throughout the daily life of modern people

Richwork can cultivate 25 ones per 1m² on average, producing about 25kg’s Kenaf per 1m².

We produce 250,000 kg of Kenaf per hectare, and VKenaf Chain's goal is to have at least 2,000,000 hectares of Kenaf farm.

As of 2020, Kenaf's price per ton is 150 USD, generating a profit of 37,500 USD per hectare.

When reaching our goal of cultivating 2 million hectares, $75 billion in revenue is generated and the profit can be maximized by cultivating three times per year.

VKenaf Eco Platform consists of Vkenaf BlockChain, Vkenaf Token, Dapp, Global Exchange, Wallet, Core System and etc. Therefore, VKenaf Chain is the world's first specialized Kenaf production and distribution company operated by a decentralized P2P network system. And, its 7 key convergence mechanisms drive the value of VKenaf Token to rise.

1. VKenaf Token is required to access the platform and its services.

2. Traders will need a VKenaf Token to access the VKenaf Chain market.

3. Purchasing Kenaf’s raw materials from VKenaf Chain is made with VKenaf Tokens acquired from the trading market.

4. Purchasing products within VKenaf Chain will be only possible with VKenaf Token.

5. Traders of VKenaf Chain products will accept VKenaf Tokens received from consumers in the market as a payment method.

6. The workers of Kenaf plantation and its factory will accept VKenaf Token as a payment method.

7. In order to receive dividends from VKenaf Chain, VKenaf Token must be retained.

Because of these seven mechanisms, Token will have its own demand-driven economy and the value of Token will be completely independent of speculative ecosystems. As a result, the value of VKenaf Token will not be affected even if other cryptocurrency markets are completely collapsed.

VKenaf Chain has the ambition to create the new market space by leveraging the power of BlockChain. VKenaf Chain's project development starts in Southeast Asia and will expand across the whole Asia.

Currently, VKenaf Chain is expanding Kenaf cultivation farms, which provide raw materials from major regions of Vietnam and around Cambodia.

VKenaf Project news, social
VKenaf Project search trends in Google

VKenaf Project Roadmap

Oct 2018
Established Kenaf business plan
Apr 2019
Kenaf trial cultivation in Vietnam
Feb 2020
Vkenaf coin issuance
Aug 2020
Global marketing of VKenaf Chain
Dec 2020
Vkenaf wallet's launching
Mar 2021
Global P2P Exchange's launching
Jun 2021
Partnership with pellet, feed and pulp processing plants
Dec 2021
Development of VKenaf Dapp
Jun 2022
Establishment of pellet, feed and pulp manufacturing plants in Vietnam
Sep 2023
Establishment of a pulp manufacturing plant in Cambodia
June 2024
Establishment of bio energy power plant in Vietnam
Jonh Khil
Team member Jonh Khil CEO

Deborah Yun
Team member Deborah Yun COO

Jeffery Park
Team member Jeffery Park CMO

Do Van Son
Team member Do Van Son Director

Phan Ho Thien Truong
Team member Phan Ho Thien Truong CTO

Palanisamy Sekar
Team member Palanisamy Sekar Director

James Park
Team member James Park CMO Global

Ji-han Kim
Team member Ji-han Kim General manager of Kenaf project

Nguyen Thị Huyen Trang
Team member Nguyen Thị Huyen Trang Managing Director

Nguyen Anh Tai
Team member Nguyen Anh Tai Kenaf Manager

Nguyen Tri Tan
Team member Nguyen Tri Tan Assistant Director

Le Thị Nhi
Team member Le Thị Nhi CFA

Tran Phuong Thao
Team member Tran Phuong Thao Community Manager

Tran Thi Thuy Dung
Team member Tran Thi Thuy Dung Sales Manager

Hoang Thi Cuc
Team member Hoang Thi Cuc Supervisor

Akash Sekar
Team member Akash Sekar Developer

Huynh Huu Loc
Team member Huynh Huu Loc Developer

Nguyen Thi Huong Lien
Team member Nguyen Thi Huong Lien Managing staff

Advisor PHAM VINH PHUONG Real Estate Professional

Belavignesh Murugessan
Advisor Belavignesh Murugessan Marketing MBA and engineering

Kosshla Vani
Advisor Kosshla Vani Blockchain & decentralized application development

Dong-ho Seo
Advisor Dong-ho Seo Anynew VN CEO

Dao Van Thuan
Advisor Dao Van Thuan Marketing Professional

Nguyen Thi Bich Thuy
Advisor Nguyen Thi Bich Thuy Real Estate Professional

Nguyen Van Ban
Advisor Nguyen Van Ban Kenaf project manager in northern region

Tae-in Kwon
Advisor Tae-in Kwon Global finance and trade specialist

Tran Thi Khuong Thuy
Advisor Tran Thi Khuong Thuy Dragon fruit farm owner in Binh Thuan region

James Park
James Park
CMO Global
Master Gardener
Blockchain Developer
ICO Project Manager
Ji-Han Kim
Ji-Han Kim
Core Development Team