GÜDPHORIA Launches to Help Solve the Climate Crisis with the Regenerative Cultivation of the Hemp Plant
PORTLAND, OREGON, UNITED STATES: GÜDPHORIA is a new company dedicated to helping solve the climate crisis through the regenerative cultivation of the hemp plant. With over 15,000 acres of farmland to develop in Central Oregon, GÜDPHORIA is poised to become one of the largest hemp and biomass suppliers in the United States.
Through vertical integration and strategic partnerships, GÜDPHORIA envisions a farm and a space for research and innovation into the many uses of the hemp plant. The company is building a 10-acre test plot on its 15,000 acres to test various seeds and practices for long-term success.
“We are working with industry leaders in hemp seed genetics, regenerative soil practices, and precision agriculture to develop our ambitious goals in time to make a difference as a leader in the hemp industry,” said Fred Parent, Co-Founder, and CEO of GÜDPHORIA.
To help facilitate this journey, GÜDPHORIA is leveraging its current use of blockchain technology to launch digital art, an NFT titled "The Seed,” a digital representation of a real-life hemp seed built on the Ethereum blockchain. The funds raised from the NFT sale will support GÜDPHORIA in their real-world build-out.
“Blockchain is already a central piece of our business and selling the NFT first, as part of our fundraising efforts, was a logical step for us,” said Jessica Behal, Co-Founder of GÜDPHORIA.
The launch of The Seed commemorates the planting of their 10-acre test plot and the genesis of GUDPHORIA's agronomy development process. They are currently using 3D drone technology to map the entire property and collect data as the planting unfolds. They will work closely with advisors and experts to identify the best hemp seed varieties and conduct soil analysis to inform planting techniques. Blockchain technology will be part of this entire process; offering transparency and trust, especially for “The Seed” owners.
“The Seed” NFT is rare and collectible art being sold directly from us to NFT enthusiasts interested in supporting innovation that preserves natural resources,” said Parent. “GÜDPHORIA has big plans, and by supporting this project, participants who purchase ”The Seed” NFT will own a collectible that is symbolic of the future,” he added.
The core attributes of GÜDPHORIA’s NFT give it unique value and categorically separate them from other types of assets. These properties include being verifiably indivisible, with a limited supply of 5,555 tokens. “The Seed” is currently available on GÜDPHORIA’s mint site. Secondary sales may be placed on either OpenSea or Rarible, where the project's smart contracts will be honored.
Understanding that NFT transactions have an environmental impact, GÜDPHORIA aims to prove that NFT projects can not only be financially beneficial but can lead the charge with a truly carbon-negative footprint.
