• The farm will be producing fresh vegetables for the local community in a prime Hong Kong location, with an estimated APY of around 20% to its token holders, with the waiting list to get a share in the farm now live

peaq, the Machine Economy computer, unveils the world’s first tokenized robo-farm on its blockchain. The semi-autonomous farm is tokenized together with DualMint, an innovative platform tokenizing “boring” everyday businesses, and KanayaAI, a leading urban agritech company. The farm is set up in a prime location in Hong Kong, one of the world’s most densely populated places, and will be producing fresh greens for the local community, shipping lettuce, kale, spinach, and more on a subscription basis straight to people’s homes. This demand will work as a sustainable basis of the yields on the tokens representing the farm. 

Physical AI, or AI-powered robotics, is igniting a new era in industrial automation, as per the World Economic Forum, with smart robots set to transform entire economies. The world’s first tokenized robo-farm is a clear example of how bringing this automation onchain can create shared benefits for everyone, not just a few corporations. 

Machine tokenization empowers communities worldwide to co-own and earn from the robots that serve them, such as unmanned stores and cafes. For Web3, this introduces an asset class grounded in real-world demand rather than speculation, fueling sustainable growth. With the launch of its tokenized smart farm, peaq takes another major step toward its mission of unlocking benefits from automation for all.

The world’s first tokenized vertical farming complex on peaq is designed, built and operated by KanayaAI and tokenized by DualMint, which recently joined peaq’s ecosystem. The smart farm, which automates about 80% of traditional manual farming tasks by utilizing AI and robotics, is expected to go live in Q4 2025. 

The farm will be producing fresh greens for the local community, running around 12 crop cycles per year, compared to 3 or 4 in traditional farming. Its AI-powered robotics and hydroponic systems decrease labor costs by 50% compared to regular farms, and its smart climate system is expected to let it produce 20% more crops than a traditional farm of a comparable size. Additionally, the proprietary design will enable the system to use land 10 times more efficiently than a traditional farm set-up, while using 1/10th as much water and zero pesticides — a clean and environmentally-friendly approach to farming that’s fully consistent with Hong Kong’s push for ecological sustainability. 

The vertical farm’s cashflow will be represented by NFTs on peaq that pay yields to their owners based on revenue generated by the farm. The waiting list for the farm’s token is already live on DualMint’s website and on peaq Portal, with those signing up now set to receive early access to the NFT sale. DualMint will be bringing more “Boring Robots”, tokenized machines working 24/7 on everyday tasks — to peaq in the future. 

“The beauty of Boring Robots is in their immunity to crypto market swings,” says 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, which makes this system a healthy, sustainable foundation for growth and yields. This applies to thousands of other applied robotics use cases and billions’ worth of economic activity that they will create. We look forward to bringing these robots on-chain with peaq, the layer-1 network powering robotics and bridging Web3 with the real world.”

“Vertical farms provide a far more eco-friendly alternative to traditional farming, made cheaper and more efficient through advances in robotics and AI,” says Dr. Princeton Wong, CFO of KanayaAI. “They are a perfect solution for major urban areas like Hong Kong, where space must be used as efficiently as possible, and tokenization enables urban communities to co-own the very farms that bring fresh produce to their tables every day. DualMint and peaq are the perfect partners for this project, bringing this vision to life with their vast experience and focus on real-world businesses, assets, and impact.”

“The rise of AI and robotics puts the world on a new trajectory, accelerating the automation process a thousandfold,” says Leonard Dorlöchter, co-founder of peaq. “It’s got people wondering if and when they’ll lose their jobs, because with traditional business models, the value generated by these increasingly intelligent machines is destined to be channeled to just a handful of companies. What we 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. This is a way for us all to share in the coming prosperity promised by AI and robotics, a way to co-own and earn from the robots — not fear them.”