GreeOx White Paper 2018

GreeOx
Growing Fresh Foods Without Borders

A Blockchain-Powered Indoor Farming Economy
x
eO
Gre IN
G
RM
FA
OF
R E
TU
FU
E
M
AD TH
E
BY
SO
FT x
NI eO
Gre
O
G
IN
RM
FA
OF
E
T UR
FU
E
TH
x
eO
Gre G
IN
RM
FA
OF
RE
TU
FU
E
TH
TH
E
FU
TU
RE
OF
FA EO
F
RM UR
UT N G
EF I
IN TH R M
FA
G
T
H
E
F
U
T
U
R
E
O
F
F
A
R
M
IN
G
GreeOx Whitepaper v1.1 | June 2018 | greeox.io

GREEOX WHITEPAPER
Contents
Executive Summary 3
GreeOx Economy: The Future of Farming 9
Blockchain Technology 11
The World's First Distributed Farming Token 13
Global GreeOx Foundation 15
GreeOx Farms Current Structure 16
GreeOx Distribution Farming Process 17
Business Model 22
Market Segment Opportunity 30
Why Blockchain Integration? 32
GreeOx Tokens (GROX) 34
GROX Token Offerings 37
Bonuses 37
Use of Funds 38
Conclusion 40
Evolution of Our Company 41
Roadmap 42
Our Team 43
Legal and company informations 45
FOUNDER AND CEO OF GREEOX
H. John Tran
“ Indoor farming solves some of the challenges faced

such as knowing the source of the produce & be able to
grow from where we live & eat fresh within the day
directly from source.
“
GREEOX WHITEPAPER
Executive Summary
The manifesto written out for GreeOx is based on a fundamental objective of

meeting the growing demand for safe & more sustainable food supply for an ever
growing population. Conventional agriculture is used to till & plough precious arable
land that is fast depleting, hence any alternative farming method is envisioned to
reduce the pressure on life in planet earth. The 2nd pillar of our vision is to build a
unique community that is global in scale & to enable that we integrate blockchain
technology which will provide a decentralized & distributed farming economy. The
3rd pillar is about fractional ownership of an enterprise that the owners & the
consumers together will be partaking in, to make it a uniquely borderless egalitarian
system. The open system allows for investors & consumers to contribute to building
superior solutions. Token sales will be used for securitization of global farming units,
installing supply chain traceability and clearly showing operations efficiency lending
maximum transparency.
WHO WE ARE?
GreeOx was born in the era of changing social structure enabled by a open market
economy transcending borders yet merging diversity. GreeOx is a result of
far-reaching innovation in conventional sectors like farming. The business model
has attracted acclaim not only for its revolutionary indoor growing technology using
40 ft shipping containers, but for its mission to reframe the age-old food market,
3 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

bringing forth clean, safe, and nutritional food through the use of agronomic
techniques that allow the production of foods in any climate. By applying proprietary
advanced agricultural methods, GreeOx is ready to introduce its decentralized
platform for indoor farming.
The Founding Company has been operating for over four years in the capacity of
Research and Development in all aspects of AgriTech. GreeOx has also manufactured
and sold a number of container farms, whilst operating and selling produce from
their own farms.
The company and its employees have realised the limitations of conventional
business models related to agriculture & the immense possibilities of adopting new
technology including blockchain to leapfrog into the future with a new order of
distributed farming.
WHAT PROBLEM IS GREEOX SOLVING?

GreeOx is addressing 2 specific challenges of the future as outlined in the manifesto.
Making farming a part of lifestyle choice in an erstwhile unavailable urban
environment (“I get to invest in the project and eat clean fresh food directly from
the farm at an incredible discount”). Second, building a totally new parallel
economy based on fractional ownership which was hitherto visible in mostly
knowledge based business models. Stock ownership in a farming company is a
progressive way to equitable wealth creation across social strata. Agriculture is one
of the most secure investments you can make, because food will always be in
demand. Investing in agriculture however can be expensive and not all people have
the knowledge or expertise to operate a productive farming operation, in order to
contribute or profit from this investment.
Coupled with this, agriculture and horticulture specialists will face some of the
greatest challenges in the 21st century. They will need to assist in the supply of food
and fibre products for a growing, increasingly-urbanized population that is expected
to exceed 9.5 billion by 2050. The process of rural-to-urban migration places
tremendous strain on high-density urban environments, and also their surrounding
areas as agricultural output is bolstered.
In this hyper-urbanized future, the main challenge for the agriculture industry will be
to supply safe produce needed for quality of life, while maintaining a sustainable
environment.
The majority of commercial farming practices are unsustainable and have many
limiting factors, only 10.3% of the land on earth is considered arable and are restricted
to growing produce which suits the climate, resulting in space being a major factor

for unsustainability. Because of this, certain varieties need to be shipped from all
over the world, which is an added cost and has a disproportionate impact on our
carbon footprint. The open nature of agriculture results in irresponsible and excessive
use of pesticides and fertilisers, also requiring large amounts of water to sustain the
produce.
The land and resource-intensive practices of traditional agricultural systems result

in unsafe produce, depriving low and mid-income brackets access to fresh, nutritious
food. The challenges are glaring at our face and is only set to worsen as urbanisation
remains inevitable and water, land and other precious resources become more
scarce. Conventional agricultural methods fail to meet the demands of the earth’s
population, and a more advanced, environmentally-sound solution will be needed
to effectively sustain this forecasted growth. Open hydroponic and greenhouse
technology, aquaculture and aquaponics, organic and urban farming technologies
are intensive plant-production systems that are all well-placed to meet the
challenges ahead. Their current manifestations, while a step in the right direction, fail
to address some problems conventional agriculture faces and in the future it will be
necessary to develop alternative production systems that are more efficient in terms
of space.
Gearing up to the challenges ahead are consumer and government pressures to

produce safe, nutritious food in a way that is sustainable and does not harm the
environment.
The biggest impact on environment that GreeOx is mitigating is water scarcity &
depleting arable land, whilst helping to sustain the fertile soil for longevity of life crops
& the natural ecosystem.
‘
HOW WILL GREEOX SOLVE THESE PROBLEMS?

By building the first decentralized and distributed open farming ecosystem to address
a growing need for a traceable, affordable and sustainable fresh produce while
relying on an healthy economic model, rewarding all stakeholders fairly. We believe
it can now be achieved with the rightful set of technology, such as blockchain, IoT
and automated systems. Any individual will be able to contribute to the community
through an in-built mechanism to qualify for membership. Members are subsequently
incentivised for the use and participation of harnessing the farm. Be it in human
resources, technology, land, building of the farms or investment. The community
member will then be distributed GROX tokens for their contribution. By utilising the
block chain and exchanges we remove the barriers to entry allowing anyone to invest
any amount to become a benefitting member of indoor farms worldwide and reaping
dividends proportionately.

At the core of this economy is the “GroBinn” container farm, GreeOx’s tested and
established technological solution, to provide year-round sustenance to any location
in the world - from the most populous urban environments, to remote latitudinal
areas suffering from extreme climatic conditions. Each GroBinn container farm take
up a concise 40 x 9 x 8.5 feet surface area, yet have an annual yield equivalent to
1.5-2 acres’ worth of produce.
All vegetables are grown indoors without pesticides or contaminants, allowing for
high yields of any leafy green or fruit, anywhere in the world. Grobinn containers are
mobile, modular, stackable, and highly automated. GroBinn containers allow for rapid
deployment of indoor farms and its pre-built modular growing system can be shipped
and installed quickly in any existing warehouse or building to support consumers
demand for quality food. Critically, the GreeOx solution is environmentally-sound,
resulting in a high-output agricultural economy requiring negligible amounts of water
and other resources compared to conventional farming methods.
Figure 1. GroBinn container farm. 40 x 9 x 8.5 feet surface area

x
eO
Gre
x
eO
Gre
x
eO
Gre
Conventional vs GreeOx
SPACE
10.3% of land is considered arable and Advancements in agricultural lighting
requires vast open spaces to produce has enabled us to grow produce
food, at a low crop cycle because of indoors stacking grow beds vertically
seasonal restrictions with the ability to grow produce at a
continuous crop cycle.
WATER
Because of the open nature of farming By using a closed loop hydroponics
large amounts of water is lost, due to system we have reduced water usage
seepage and transpiration up to 90%
SAFETY
Other than biological methods, Growing produce indoors allows us to
conventional farmers have no defence control what enters the system.
against pests and are forced to use This eliminates the need to
dangerous pesticides use pesticides.
LOCATION
The successful growth of produce is Climate control allows us to grow any
suited to specific climates and results type of produce anywhere. Allowing us
in high distribution costs and to place the farms directly where the
contributes to our carbon footprint. end demand is.

Grobinn is a micro-agri-system developed to scale up to a gigantic network of indoor
farming units that inherently taps into the huge biodiversity that nature offers which
we replicate through our proprietary technology.
GreeOx is building tomorrow’s agricultural economy, encouraging and facilitating

access to fresh produce for all, regardless of geolocation or income- enabling all
urban (and rural) dwellers to have uninhibited access to “farm-to-table” produce.
GreeOx truly believes fresh, quality food should be available to all, and the global
community deserves a share in the profits of distributed farming.
GreeOx alternative farming is truly an egalitarian model of wealth creation in a future

where this parallel agricultural economy will serve as a beacon of hope for the fresh
food supply chain.
First Phase:
Build a global community of like minded people who have bought into the purpose
and share our vision. The participative formulae of the farming ecosystem will ensure
securitization of farming units. Our community turns into ambassadors who will fuel
farm investment through global networks. GreeOx blockchain integration will serve
as the bridge between real world operations and our virtual decentralized
management system. Four core usage of blockchain technology includes Global
Farming Finances and Accounting, Real World Operation Monitoring, Human
Workforce Management, and Supply Chain Traceability.
Second Phase:
The monetisation process is executed through GROX tokens & will expand the GreeOx
stakeholders through token exchange into Manufacturing and distribution of farming
units (Grobinn) in resorts, groceries, schools, corporations, etc. Blockchain technology
enhancement and incentive programs will provide easy access for end-users to
participate in nurturing the farming ecosystem.
Third Phase:
Build momentum to gain wider adoption & acceptance of GreeOx offerings through
Outreach programmes.
3 strategies at work will be to introduce the next line up of farming solutions with a
compelling investment package & identifying next circle of communities across
regions who are most amenable to the proposition.
Deploy a variety of agriculture solutions targeting a sizeable share of the $5.5 trillion
dollar global agriculture industry. Our vision is to evangelize one billion people currently
employed in the agriculture sector to join this cooperative movement & become 1st
citizens of our community & be proud owners of GreeOx farming units.

GREEOX ECONOMY: THE FUTURE OF FARMING
The GreeOx Economy decentralizes the production of quality produce, allowing any
community to have autonomy as they contribute and consume in a truly localized
way.
Revenue Distribution - The blockchain protocol enables all participants to be a part

of the farming economy; truly rewarding farmers for their contribution to maintain
and operate the distributed farm which includes harvesting and packaging. Land or
building owners are rewarded by contributing real assets to the community farm
operations. GreeOx token holders, as defined in the business model carry the right
to receive monthly distribution from the actual realisation of profits (after costs)
from the harvests.
Payments are calculated with sales of container orders and crop production yields
as part of revenue, but not as profits, therefore before fund accruals are made into
the distribution payout pool, the costs of maintenance, electricity, regional farmer
wages, etc. must be deducted. The tokenization ecosystem is a turn-key process
that ensures transparencies of calculations in costs and revenues. The balance sheet
will be audited from a Big 4 Firm to ensure mirroring of the profits paid out to token
holders as being accurate & unambiguous. The timing of the distribution payouts
Figure 2. Inside GroBinn container farm

will be planned to ensure there are minimum thresholds set in as triggers to protect
the payout, so it does not become consumed by transaction charges (“gas fees”)
and if too low, will continue accruing until the fees are a smaller percentage than the
payout. The strategy is to ensure the first token holders receive their initial “healthy”
payments, generating an awareness to attract more investors to the token sales.
GreeOx manufactures additional GroBinns and produce more crops, where future
payment will be more frequent as the operations scale up. The end goal is to provide
visibility to the performance and production yield of GroBinns through a token holder’s
dashboard with features in reports rolled after token sale activities conclude. GreeOx’s
real-time UI platform provides interactive visibility to incentivize the token owners to
hold the equity because once the tokens are sold, the distributions payments will
route to the new owner’s wallet, generating a demand for circulation and hence
raising the value vas a dual prong initiative.
Human Resource Contribution - The farming economy has many human resource
requirements, considering the many roles and responsibilities needed to run farm
operations. The Foundation, an independent non-profit organization will be developed
to support, promote, and educate urban farming communities across the globe to
operate the world’s first distributed - autonomous indoor farms.
Traceability - Track, identify, and trace the entire growing process starting with the
nutrient intake, cultivation process, identity and certification, location and inventory
management. In a world where every business has its own “book” for record keeping,
GreeOx aims to put every transaction onto one distributed ledger to maintain
transparency along the complete food chain. We will do our best to integrate as
much data as possible onto the blockchain to ensure transparency but there are
many activities which require human intervention when recording data. As solutions
become available, we will actively incorporate them.
Farm Development and Operating Costs - The challenges to allocate funding for
farm development and location distribution is dependent on the token holders
location, demand creation & the individual Go-to-Market strategy. Farm operations
and production costs are pre-determined during farm-site preparation and each
unique condition (labour, water, and electricity cost) will be considered to the overall
costs within the ecosystem. Modular farm development and manufacturing material
costs are facilitated on the public ledger to track every element of the business
process.

Use Case for
Blockchain Technology
Smart Contracts & Blockchain Technology - The whole ecosystem will rely on
blockchain technology to build the bridge between real world operations and our
virtual decentralized management system. GreeOx will have 4 core usages for
blockchain technology:
FARMING UNITS: FINANCES & ACCOUNTING

• A smart contract is defined for each container as a starting point of its
financial and blockchain life.
• Each container will have different “token capacity” that vary according to its
building price for its location. Example: a container cost (03/15/2018), $50,000
USD, the token worth 1 usd, the smart contract associated to the container will be
able to receive and hold a maximum of 50k tokens.
• Tokens funds placed on a container, are blocked, until a property transfer is
decided between the owner and third parties. (other mechanism of unblock can
be defined).
• A container has only 1 unique smart contract, that will be the “signature” used
in every operation transaction- this will allow PnL and traceability.
• The smart contract details are defined through GreeOx platform, (voted by the
community). A mini “ICO” is made after each decision of container creation.
REAL WORLD OPERATION MONITORING

• In order to define the PnL of a container, its cost and revenues have to be
tracked and recorded on the blockchain. Costs are mainly billable in FIAT so as
to ensure correct transparency, all invoices will be “apostilled” (notarized) on the
blockchain complemented by a digital copy of documents stored on a cloud
server.
• IoT devices will be used to monitor basic needs of a container:
◊ Sensors for water consumption and environment variables (humidity,
temperature, etc.),
◊ Sensors for electricity consumption,
◊ Tagging of plants and nutrients supply.

HUMAN WORKFORCE MANAGEMENT
• GreeOx is not 100% automated as of yet. Therefore, any community contributor
can register on GreeOx platform as a service provider. The individual will then be
assigned a unique Signature as “WorkForce” (blockchain address).
• The WorkForce Signature will be used to identify their activities related to a
container, and reward them in tokens for their efforts.
• Entry in and out of a container: Tracked via scanning a QR code.
• Growing/Planting/Harvesting: Every action will have a specific token reward
granted after the operator provides a “proof of work”.
• The proof of work: Tracked with a combination of IoT/Hardware and AI.
SUPPLY CHAIN TRACEABILITY

• GreeOx guarantees traceability and transparency from seed to plate, certified
for consumers via the GreeOx platform.
• During plantation, each batch of seeds will have its initial blockchain history
secured by the operator using a connected device.
• The batch number, type, origin, planting date, allocated container and growing
rack will be its recorded genesis.
• AI technology will be used to monitor and detect which racks are almost ready
to harvest, making a robust harvesting schedule that is available to the
community of operators.
• Immediately after harvest, the operator associates each consumer package
(box/jar/bag) with one or multiple rack numbers.
• Finally, upon entering the delivery process, QR scanning at each respective
stage of transportation will ensure details of the product’s path-tracking until it
arrives in the consumer’s hand.
Figure 3. System Overview. Grobinns Dashboard

Figure 3.1. Overview Tech Layout Platform
I T A L I A N E XP L O R E R , N A V I G A T O R , A N D C O L O N I Z E R
Christopher Columbus
“You can never cross the ocean unless you have the cour-
age to lose sight of the shore.
“
The World’s First
Distributed Farming Token
The Founder’s calling to provide fresh high quality food to his family was like a
universal call. An in-bred interest & early successful experiments in indoor farming
turned into passion & from passion was born GreeOx, a Company that presents as
a harbinger of fortune to the food supply chain.
Our first indoor farm was built in a converted warehouse in San Francisco. GreeOx
was officially launched in 2014 with a vision to distribute farming units across borders
and in the process democratizing wealth creation for everyone participating through
the farm holding. GreeOx has operated in the capacity of offering growing technology
as a solution. The acceptance levels are highly encouraging as we provide produce
to groceries, direct to consumer portal, and co-ownership in investment program.
The transformation of the converted warehouse into Indoor farming was the start of
building a GreeOx universe of community farms & thus was born the World’s first
distributed farming token.
Our core team have had significant success and a track record of operating in
different continents with core competencies in the fields of farming, finance,
technology, marketing, human resources, manufacturing, logistics, and blockchain
development. The team participating in GreeOx shares the passion to create a new
farming economy for its members and build GreeOx Foundation with a single
minded purpose of producing global farming units.

GreeOx continues to expand the evolution of its original mission to strengthen the
transparency promise by providing its GreeOx token (GROX) to the community. The
token will accelerate the growth of its business, on this premise and thereby paving
the way to expand the farming ecosystem.
GROX is uniquely placed as the founding Company of the blockchain-powered

indoor farming initiative. Other indoor farming operators across the globe are still
operating on an old economic model. All other indoor farming operations are
heavily invested by large venture capitalists (VCs), corporations, governments, and
individual farmers.
We believe our community business model which includes but is not limited to token
crowdfunding is a game changer. The development of farming units, transparency
in our operations and a lifetime opportunity for the average person to reap rich
dividends from our operations worldwide, will ultimately come out ahead of the old
system because we have the first mover advantage. There is also the question of
large hydroponic operators worldwide looking to get into the indoor farming space
but are unsuccessful due to technology integration challenges, supply chain
dynamics, and product pricing comparisons in local market. Take a look at Figure 4
below for comparisons.
It will take a long period of time before any outdoor and/or indoor hydroponic
farming operations may actually enter the blockchain and community driven
business model. Other entrants such as FreightFarm, are focusing on selling
container farms at premium MSVP prices to individual farmers, schools, and
companies. Until to date, they are facing scalability challenges because of
disproportionate amount of upfront funding needs in farm operating requirements
across continents specifically Europe, USA, Middle East and Asia. Plenty, for example,
has a massive US$ 200 million investment deployed across all major densely
populated cities. They offer low-pricing vegetables/herbs by utilizing Amazon’s
(Jeff Bezos) distribution retailers, Whole Foods.
We have overcome real issues at growing technologies, vetting the business

models with rigor and hence our upstream pace has increased barriers of entry for
other entrants. This is a result of our deep research and our repository of data
analytics from the past 4 years. To persuade the farming community to collectively
invest in farming units for resorts, schools, companies, groceries, etc. needs a solid
understanding of the works built on unwavering trust.
In contrast to the companies described, GreeOx has been conducting innovative

farming operations for many years supported by team members across different

continents & integrating blockchain to solve it’s real time business challenges.
GreeOx has container farm deals in the pipeline across many industries such as
resorts, schools, groceries, corporations, etc.. GreeOx business proposition is more
innovative in comparison to companies operating in the same space as outlined
below.
GreeOx is now assisting investors all over the world to fulfill the pipeline deals.
FreightFarms Plenty Aerofarms Bowery GreeOx

TYPE Container Farm Indoor Indoor Indoor Container & Indoor
$ RAISED $12 Million $200 Million $80 Million $27 Million $45 Million
BLOCKCHAIN
COMMUNITY
OFFERINGS Container Farm Produce Produce Produce Farm as a Service
INVESTORS VC VC VC VC Community
LOCATION Cities Cities Cities Cities At Location (Cities)
FUNDS USAGE Container Farms Indoor Farms Indoor Farms Indoor Farms Both (C&I)
Figure 4. Comparison: GreeOx and other indoor farm operations
Global GreeOx
Foundation
The GreeOx Foundation was founded as a non-profit organization to distinguish

between the profit making part of the business and the social aspect of building a
community. The foundation lends credibility to the overall vision of ‘reaching out’ as
a social empowerment entity and act as a guiding force to the larger farming
society per se. GreeOx Foundation is endorsed by a global network of partners,
urban farmers, customers, and investors to join forces to operate an indoor farming
infrastructure worldwide. The GreeOx team provides this through their global

partnerships which will engage in training and education for a new generation
of urban farmers, managing our farms and facilitating the decentralization
infrastructure. Our open democratic leadership community sets the initial foundation
to expand the farming ecosystem. As a result, the leadership across international
borders influence and encourages collaboration with individuals and businesses
across the Foundation. GreeOx Foundation is committed to work with governments
to support integration of urban farming in cities.
GreeOx Farms
Current Structure
This section describes how GreeOx currently assists investors across the globe
to partake in co-ownership opportunities.
GreeOx’s current co-ownership structure is based on a simple principle of buying

into the opportunity cost & letting investors get direct access to the system
workflow, end-to-end of the supply chain. US$75,000 per container farm is the entry
point which can further be let out in fractional units or increased in multiple units.
Investors engage in a hands-off farm management and decision making process
with continuous real time support from our core team.
GreeOx mitigates investment risk and ensures members security and peace of
mind by securing long-term agreements with end users such as resorts, groceries,
schools, corporations, etc..
By joining the GreeOx community, members gain access to details of every farm
investment proposal, location, pre-negotiated earnings and terms of sale, and
dividend payouts.
GreeOx was formed by a group of financial experts, horticulturists, technologists,

and international business professionals. The GreeOx community connects people
across the globe to partake in farm investment and management with blockchain
technology at the heart of the process. The purpose is to reduce the inefficiencies
and challenges of operating urban farming infrastructure. This is achieved through
automation and economies of scale, which allow for more growth, higher investor
returns, safe, simple, secure, and economically resilient community building.
Before the advent of blockchain technology, there were many friction costs inherent
in middlemen process of a traditional agriculture supply chain. Transparency and
trust were non-existent.

GreeOx emerged to launch a blockchain-powered management system to
overcome these issues, maximize supply profitability, and draw a clear alignment,
with the community.
GreeOx farms partnership program is a collaboration between businesses and

GreeOx community. A due diligence process & SOP has been put in place for farm
deployment to ensure the community can invest with confidence. Every farm
deployment goes through this process to mitigate risk and ensure consistency in
safety and transparency throughout the participation process. This allows
community investors to have confidence in every farm deployment across the
globe. And that essentially is what we call borderless farming.
GreeOx and the Community is built on important core values of open democratic
ecosystem, trust, transparency and sharing of common interests. GreeOx was
founded to unite people across borders to leverage buying power to feed the world
and realize consistent returns while reducing risk. GreeOx facilitates the unity of the
world’s community by harnessing the power of the crowd, connecting both the farm
investor and businesses, building the community worldwide to participate in the new
farming economy.
By connecting the community of blockchain, farmers, business, investors, and

technology, GreeOx is offering a token called GROX which provides many benefits
for token holders. GROX token represents your contribution to the community and
can be utilized as a payment solution.
Through the ownership of GROX token, GreeOx aims to raise awareness to sustainable
farming, promote real local food to urban communities, and take care of the planet
along the way.
GreeOx Distribution
Farming Process
GreeOx current container farm distribution process makes it easy for an investor to
participate in the global pre-packaged farming assets that were previously only
available through a small investment network negotiated in private deals but
soliciting a higher investment amount. The earnings through distributed farming
yields higher returns than any other high capital investments such as real estate.
Our current targeted farming investment industries are hospitality, education,

corporations, and governments in mainly economically developed urban cities
around the world. Distributed farm deployment guideline begins with businesses
interested in distributed farms placed at their business location and all funds
allocated for farm development, and voting mechanism will be used for major
distribution decisions. The GreeOx Foundation facilitates the development and
placement of the farm and never handles the investor’s money directly since
GreeOx is running a decentralized ecosystem.
Step 5 GreeOx community urban farmers will

operate the farm
Step 4 Growing system will go into development

and shipped to site when completed
Step 3 Once approved, GreeOx Foundation

begins site and logistic preparation
Step 2 Partner and farm requirements and due

diligence process performed
Step 1 Through the GreeOx Foundation and

Community, business partners will apply
for the farm to be built and shipped to
their location
Figure 5. The Farm Distribution Process
FARMING UNIT [GROBINN]

Grobinn is the core product of the GreeOx proposition. The proprietary ‘growing
technology’ that is planted in the Grobinn is a automated hydroponic system that
is embedded with a climate control software & is designed to develop modular
farm units based on a clear set of operating rules and guidelines.
• Modularity - The farming system is designed in a modular structure for the
purpose of scalability. It is very effective for container farm and warehouse farm
development. Selected community development and manufacturing vendors
guided by the GreeOx team are responsible for the quality of the end product.
• Mobility - Is at the core of our strategy to gain widespread adoption &
acceptance of distributed units hence Grobinn can be placed in any location.
The climate control systems are monitored and controlled on a mobile device.
Farming components are sourced in local market to maintain low-cost.
• Maintainability - Smart processes and guidelines (SOP) have been
implemented for urban farmers to minimize maintenance costs.

• Plug’n’Farm - It is as easy as that. By taking a leaf out of the new age
technology products, once the farm is installed, simply plug in power and water,
and automated system will just take over. Farming with human intervention will
be reduced dramatically over the long term.
• Scalability - Modular farms manufacturing and deployment is plug and play
concept. Mass production in any location is seamless and farm components
are easily assembled.
Individual Farm
Profitability
Farm profitability largely depends on where they are located and what produces is
being grown by the farms. GreeOx has 4 years of experience in indoor farming and
has realised factors that contribute to profitability - these range from whether or not
the produce being grown is available in the region concerned and are customers
willing to pay a premium for fresh pesticide free produce. Below is a graphic
showing the range of profitability GreeOx has experienced over the years and
provides a picture of just how profitable these farms are.
Average
Low Monthly revenue: $3,000.00

High
Foundation Distribution: $1,200.00

Monthly revenue: $2,000.00 Monthly revenue: $4,000.00
Foundation Distribution: $1,200.00 Profit Distribution: $1,800.00 Foundation Distribution: $1,200.00
Profit Distribution: $800.00 Profit Distribution: $2,800.00
Yearly ROI: 40%

Yearly ROI: 16% Yearly ROI: 56%
ROI: 5.2 years ROI: 2.3 years ROI: 1.2 years
Figure 6. Chart of Return per Grobinn

Token Profit
Share
Farms will be allocated to business partners who require produce, be it for retail, use
in restaurants, schools, corporations etc. GreeOx Foundation will ensure these farms
are allocated profitably, to provide token holders with a share of the profits.
Each farm will generate revenue from the sale of produce, which will be distributed
to The Foundation and token holders as per the smart contract. The portion
distributed to The Foundation will be used to pay expenses related to operating the
container (electricity, water, seed, etc.), payment of salaries for members of The
Foundation and to develop more container farms to benefit the community.
Remaining revenue/ profits will be distributed - as GROX - to token holders, based
on their overall token share (eg. total token supply is 500,000 and the token holder
owns 100,000 tokens, he will be allocated 20% of the revenue allocated to token
holders). Tokens will be distributed monthly.
The GROX tokens carry the right to a profit share from the farming operations. Profit
shares are calculated solely on the basis of the net profit of the farming operations.
They are not based on GreeOx’s profit and loss (P&L) statement, which might carry
risks not related to the farming business.
Total Farm Community Token

TH
E
FU
Revenue Member Share
TU
RE
OF
FA
RM
30%
IN
G
10%
Farms generate Remaining revenue
F
EO
UR
UT N G
EF I
TH R M
revenue gets distributed to
FA
token holders 40%
20%
Revenue distributed
to pay for OPEX
Foundation
Figure 7. Token Profit Share

It is important to understand that the profit share payouts to token holders will not
be at its full potential, but will increase exponentially over time. This is because the
profit share payouts are a function of active farms generating profits. The first
months will be dedicated to developing the blockchain technology required to run
the smart contracts each container is based on, which means there will be no active
farms and therefore profit payouts will not be possible. Only once, the blockchain
technology has been developed will farms be manufactured to start generating
revenue. It is not possible to manufacture and allocate all farms instantly and will
therefore require time, resulting in an increase in profit share payouts over time, as
more farms are introduced into the ecosystem.
Profit Share Active Farms
6 6+t
End of ICO Time (months)
Figure 8. Profit share payouts will increase over time.

GreeOx
Business Model
GreeOx has an innovative revenue model and turn-key system to use GreeOx tokens
(GROX). Community members from around the globe will buy into farming
ecosystem, which GreeOx and its vendors will manufacture and distribute using the
support of GreeOx Foundation. The community is the core of the ecosystem, whereby
all parties involved will exchange tokens for produce, receive dividends based on
their token ownership and redeem discounts based on their membership level.
All business models are blockchain-powered and managed by GreeOx

community. The GreeOx community benefits from worldwide network of
participations that enable sustainable ecosystem from both the demand side of the
produce to the global audience of investors on the supply side. Our current revenue
is residual earnings generated from the demand side and profit margins from the
supply side.
GREEOX BUSINESS MODEL
Community Members
Simply wants to be a contributor to the ecosystem (the basic investor)
The model found below are for those who simply want to contribute to GreeOx
community by purchasing the token (GROX).
The contributing member would purchase or earn GROX tokens, by transfering

Bitcoin, Ethereum, contributing assets or providing a service. The contribution will be
converted into an equivalent value of GROX tokens, which will be deposited in the
members wallet. Contributions will then be used as indicated in our road map, but
ultimately to manufacture farms at cost and place the farm at the required location.
Once the farms are operational they will generate revenue from the sale of produce.
Revenue generated will then be collected and distributed as per the smart contract,
between The Foundation and token holders based on their overall token share. If the
member has a Grobinn near their location, members can collect vegetables from
the farm at a tiered membership discount. (see Membership Level & Benefits).

Part of Majority of revenue distributed
as per the smart contract
Community Member Community

GROX Token Holder
Owns
F
EO
UR
UT N G
EF I
TH R M
FA
rm
G
IN
Fa
RM
FA
er
OF
E
UR
n
ai
T
FU
E
t
TH
C on
Manages
Portion of revenue distributed

to pay for OPEX as per
the smart contract
Foundation
Figure 9. Community Member: GreeOx Business Model
Business Members
Wants the farm and produce
(Restaurants, corporations, hotels, distributors, retailers, schools)
The model found below is for those who are interested in contributing to GreeOx
community and having a farm at their location for produce.

members wallet. Contributions will then be used as indicated in our road map, but
ultimately to manufacture farms at cost and place the farm at the required location.
Once the farms are operational they will generate revenue from the sale of produce
- in this case, revenue will come directly from the member, as the produce is being
purchased by the member. Revenue generated will then be collected and distributed
as per the smart contract, between The Foundation and token holders based on their
overall token share.

The community member in this case is also benefiting from dividends received from
global sales of produce. The member will also receive vegetables at a discount (see
Membership Level & Benefits), it will largely benefit community members who fit this
business model.
Majority of revenue distributed as per the smart contract
F
EO
UR
UT N G
EF I
TH R M
FA Part of
Business Member Community

GROX Token Holder
Owns
rm
G
IN
Provided with produce Fa

RM
FA
er
OF
E
UR
n
ai
T
FU
E
t
TH
C on
Manages

to pay for OPEX as per the smart contract
Foundation
Figure 10. Business Member: GreeOx Business Model
Individual Owner
Outright sale of the container (independent farmer)
The model found below is for those who are interested in purchasing the container
outright and wants no affiliation to the GreeOx community whatsoever.
In this case, contributions raised will be allocated to approved vendors to

manufacture the farm at cost and sell the farm to the entity concerned at a profit.

Earnings will then be collected and distributed as per the smart contract, between
The Foundation and token holders based on their overall token share.
Profit distributed as per the smart contract
F
EO
UR
UT N G
EF I
TH R M
Individual Owner
FA
Community
Owns
rm
G
IN
Fa
RM
FA
OF
r
ne
U RE
i
F UT
ta
E
TH
n
Co
Foundation
Figure 11. Individual Owner: GreeOx Business Model
Business Non-Members
Wants farm and produce (restaurants, corporations, hotels, distributors, retailers)
The model found below is for those who are interested in contributing to GreeOx
community and having a farm at their location for produce.

members wallet.

Contributions will then be used as indicated in our road map, but ultimately to
manufacture farms at cost and place the farm at the required location. Once the
farms are operational they will generate revenue from the sale of produce - in this
case, revenue will come directly from the member, as the produce is being
purchased by the member.
Revenue generated will then be collected and distributed as per the smart contract,
between The Foundation and token holders based on their overall token share.
The community member in this case is also benefiting from dividends received from
global sales of produce. The member will also receive vegetables at a discount (see
Membership Level & Benefits), which will largely benefit community members who
fit this business model.
Majority of revenue distributed as per the smart contract
F
EO
UR
UT N G
EF I
TH R M
FA
Community
Business
Non-Member
Owns
rm
G
IN
Provided with produce Fa

RM
FA
er
OF
E
UR
n
ai
T
FU
E
t
TH
C on
Manages

to pay for OPEX as per the smart contract
Foundation
Figure 12. Non-Business Member: GreeOx Business Model

WITHOUT GREEOX NEW FARMING ECONOMY, YOUR GLOBAL FARM
INVESTMENT WOULD BE COMPLICATED LIKE THIS:
• You’ve got the money and want to invest in farms worldwide, you have a few
options.
◊ Know someone willing to let you invest in their farm or trust a sales group
to introduce you to a farm project in that country.
◊ Get on the plane and fly to that country where the farm is located, meet
the broker, and entrust in the deal making process.
• Say the deal is perfect and the next step is figuring out the ownership holding
structures which requires complicated auditing, tax, and foreign investment
filings. As non-resident in the foreign country, you will have to hire financial and
accounting experts to help open bank account and manage the investment
which is very difficult to understand.
• If you are thinking about getting a farm loan to finance the purchase, the interest
rate will be unfavorable or it is unlikely to be receiving loan approval as a foreign
buyer.
• All goes well with the purchase, you will now have to deal with the farm
management and hope from a remote distance that your business is running
smoothly & will receive solid return on investment.
Throughout history, agriculture investing has always been one of the most desirable
investment. Citizens all over the world just love a do-good project but the process
can take months or even years and farming investment is known to be hard-work.
So most investors start out with small farms, such as greenhouse structure which
requires too much investment. Every year during tax season, investor hires an
experienced tax advisor or accountant to manage the year-end accounting books.
The complicated investment process is repeated again and again in every country
which brings more complexity and hassle to the investors.

CROSS-BORDERS INVESTMENT
SYSTEM IS BROKEN
Current way to invest in farms across borders
No Trust in
No Transparency Higher Fees
Current System
Agriculture investment is known for its complexity, from the point of management
and maintenance of the farm, to addressing legal issues, and giving due attention
to asset management. The international management process is even more
complicated and time consuming,
GreeOx and it’s Foundation removes the complexities to farm ownership and
management, partnering in due diligence and farm distribution, managing legal
structure and taxation, and especially investment calculations and dividend payouts.
GreeOx platform handles all “know your customer” (KYC) and “anti-money
laundering” (AML) requirements. Through GreeOx’s partner application in due
diligence process, and pre-negotiated terms and earning potentials, investors can
move forward with smart investing decisions.
Investors can participate by signing up on GreeOx.io, provide information for KYC and
AML. Lastly, investors add funds to their trading wallet (Bitcoin or Ethereum) to enable
investing in any amounts.
Farm ownership structures are not required, returns are paid as a dividend, and
therefore tax can be easily managed in your home country. Scheduled returns are
paid automatically into the investor’s trading wallets, so no need to establish foreign
bank account. Accumulated investment amount means that your agriculture asset
portfolio can be globally diversified across different farming units, currency, and
agriculture asset classes.
All the farming operations are managed by the urban farmers community. GreeOx
ensures residual returns and provide transparency throughout the process. In
summary investing into distributed farming ecosystem has major upside and very
little of the downside.

GreeOx Community
Simplified
GLOBAL FARMING UNITS INVESTMENTS MADE EASY
Pre-packaged and Qualified Farming Partners

Pre-negotiated Deals
Invest Anytime, Anywhere Feed the world and share

and Any amount the wealth
Most innovative investment Diversified investment

opportunities today and risks without borders
NO foreign company and tax NO farming management

structures involvement
NO hassle and invest in MINUTES
Since inception, GreeOx has designed and manufactured different growing

technologies [Grobinn] to lower the cost of development, at the same time, increase
productivity and tested different modular growing systems designed for permanent
structures such as warehouse, factory, and office buildings.
GreeOx is consistently working to reduce the development cycle costs and secured
partners relationship. By using the blockchain and smart contracts, GreeOx can
facilitate and reduce the costs of operations which will ensure bottom line profitability
and increase earnings for members of the community. The GreeOx community and
farming units are the center of the farming ecosystem and we do not take it lightly,
to make sure the members interest aligns with community policies related to source
of funds verified and their identities. In most jurisdictions, regulatory requirements for
investing in agriculture to mostly any part of the world requires GreeOx to perform
KYC and AML checks to protect the investments for all investors. GreeOx innovation
is the key driver to lead the global market in four main ways:
• Develop and innovate urban farming knowledge and systematically build

partnerships with vetted global partners to create a sustainable farming
ecosystem.

• GreeOx to integrate blockchain development to functioning business and
expand worldwide communities to facilitate business development.
• GreeOx is the only community driven farming economy to hit the global
market.
• A distributed team truly operates a decentralized agriculture infrastructure
through collaboration and transparency.
Market Segment
Opportunities
GreeOx is dedicated to sustainable, profitable and unique agricultural products.

The aim is to allocate and position farms to serve minimum of four markets to
produce and grow quality, speciality greens and vegetables and fruits to supply to
partners worldwide.
• Resorts and Hotels - GreeOx will ship container farms to resorts and hotels
worldwide for easy access to fresh vegetables.
• Restaurants and Schools - Restaurants will share the farm production in the
local market. Schools will use it to feed students, provide urban farming
education, and connect community.
• Groceries and Corporations - Grocery retailers could offer farm-to-table
on-demand for their customers. Companies can have the container farm in
their land to provide food to their employees.
• Residential/Commercial Buildings - Residents and workers could subscribe
to a farm service at their doorstep.
• Speciality Greens - Cannabis is becoming legalised in many countries like
Canada & USA. Under strict legal jurisdiction & Government approvals we can
grow this for special needs particularly for use in medical grounds.
GreeOx takes on investments based on investor understanding and

sophistication of the GreeOx new farming economic system.

Segment One
Resorts, hotels, restaurants, schools, groceries, corporations, business owners, high
net-worth individuals, and blockchain community. Sophisticated investors looking to
get maximum returns and membership discounts through GreeOx products and
services. GreeOx is currently focused on investors in these categories. In 2018 alone,
initial coin offerings make up 75% of the funding in the blockchain industry and
continue to be an important fundraising method expected until 2025.. As the
following table, GreeOx focuses the three trends in worldwide markets: blockchain
community, growing middle class, and urban population growth.
Segment Two
Working people with extra savings looking to invest internationally. Smart investor to
create wealth for families at the same time feed the world with clean sustainable
food. This is mainly be targeted mid-range (middle class) investors looking to
capitalise on returns and use membership discounts for products and services.
GLOBAL CAPITAL FLOWS 2018

Adapting to Global Investment Environment - Based on the locations that GreeOx
has chosen to build the investment community, GreeOx’s target market will be the
most urban populated countries. In 2018, GreeOx plans to systematically align with
community members located across all blockchain and cryptocurrency
jurisdictions. GreeOx will begin to actively market in developed countries such as
Japan, Europe, and Australia.
Later in mid-2019, GreeOx plans to actively focus on other markets in India and
APAC. Emerging markets growing populations joining the middle class are on the
rise and investments are starting to flow into the international markets. GreeOx is
looking forward to position itself as an agriculture investment of choice.

Why Blockchain
Integration?
The blockchain has provided the platform to enable many people and organizations
to accomplish what they thought was never possible. For GreeOx this is no different,
the ability to transfer funds across borders has allowed us to truly create a
decentralised farming ecosystem. Not only this, but transparency and the use of
smart contracts leads to trust from our community, which before would not have
been possible. Below are examples of how we intend to use blockchain technology
in our business model:
• Execute smart contracts - Any agreements with GreeOx Foundation will be

duly authorised and the exact terms will be represented by the smart contract. This
ensures all agreements made will be executed as intended, without human
intervention, and reducing the need for 3rd party involvement.
Contract Blockchain Executed Contract
Figure 13. Execute smart contracts
• Manage GROX - All transfer and allocation of GROX will be managed by

blockchain technology. The Foundation will only have access to funds allocated to
them and will therefore have no say in how the remainder of funds are distributed.
F
EO
UR
Community
UT N G
EF I
TH R M
FA
Member
Blockchain
Foundation
Figure 14. How to Manage GROX

• Provide Transparency - All information relating to the farm will be captured
on the blockchain system and be visible to community members through a
dashboard. Initially information available on the dashboard will include; farm
locations, parameters (temperature, PH, humidity, CO2, nutrient levels), the GROX
received for produce and even live feeds inside the containers. As the systems
matures additional information will be made available - we will work hard to ensure
as much transparency as possible.
Community Member
Location
Live Feeds
Farm Parameters
GROX Income Blockchain Dashboard

Figure 15. Blockchain Provide Transparency
• Simplify the Investment Process - The outcome for investors are enormous,
having the ability to invest any amount from anywhere in the world is a paradigm
shift. GreeOx blockchain integration was designed as a solution to provide
transparency to investors worldwide. Each investment transaction on the blockchain
provides evidence to the investment on the platform. Our blockchain technology will
eliminate the middlemen in the investment process and minimizes many investment
costs and transaction fees.

GreeOx Token
(GROX)
Token distribution, allocation and volume is expected to change. GROX token is a

utility token that will provide support and growth of the farming ecosystem. The GROX
token will represent the contribution to the GreeOx community, mechanism to qualify
for membership, and incentivization for the use and participation in the ecosystem.
GREEOX (GROX) TOKEN
Membership Levels and Benefits
GreeOx membership levels and benefits will be calculated based on the tiered tokens
basis similar to the airline frequent flyer mileage program. Members with more GROX
tokens accumulated naturally fall into higher tier of membership which will get
greater benefits. GreeOx membership levels are organized into different statuses
beginning from Green Level and increase to Bronze, Silver, Gold, Platinum, Diamond,
and Titanium. Each status and membership levels will require maintaining the
number of GROX tokens accordingly.
As each member progresses through the membership levels, the member qualifies
for more discounts for products and services. The higher the levels, the deeper the
discounts.
Furthermore, the total number of tokens members have in their wallet qualifies for
different GreeOx membership levels and members will use tokens to exchange for
products and services.

GreeOx Partner USD Worth GROX GROX lock-up Period Discount Per Grobinn
GREEN $1 Annually 0%
BRONZE $100 Annually 10%
SILVER $1000 Annually 20%
GOLD $10,000 Annually 35%
DIAMOND $75,000 1 Year 60%
PLATINUM $150,000 2 Years 70%
TITANIUM $300,000 3 Years 100%
Figure 16. Membership levels and Benefits
GREEOX (GROX) TOKEN
Reward GROX Tokens Through Farming Ecosystem
The GreeOx farming ecosystem and GROX tokens are designed to incentivize
members to participate to help the ecosystem expand and create more demand
for GROX tokens. The list below outlines some activities that GreeOx farming members
can perform to earn more GROX tokens.
• Funding - Invest into GROX

• Funding - Transfer alt tokens to GreeOx wallet
• Farming - Farm management (germinate, harvest, packaging, delivery, etc.)
• Marketing - PR, Online marketing, Event Management, Etc.
• Education - Urban farm training
• Education - Create online training system
• Technology - Blockchain and technology enhancement
• Business - Sales/Marketing/Business Development
• Business - Finance and business operations

GREEOX (GROX) TOKEN
Earning and Spending of GROX Tokens
GreeOx has been offering container farm investment opportunities to the public the
last few years in Asia. That means that people are already investing in quality farming
investment opportunities and earning consistent returns. With GROX tokens, the
global farming investment is open for easy access and boost wealth creation to
another level. The tokens are the next evolution to GreeOx business model and the
details of how to earn and spend is enumerated here.
There are many ways members can earn tokens by participating in the farming
activities in each of these sectors. Members can also use GROX token to exchange
for produce in farm.
Providing a Service
Pre-sale & ICO Sell on


UR
EO
UT N G
EF I
F
exchanges
TH R M
Earn dividends FA
| Purchase on exchanges Purchase

Vegetables
Contributing assets
Figure 17. Earning and Spending of GROX Tokens
GreeOx Tokens Ecosystem - There are other key drivers to help drive value growth
in the GROX ecosystem and bridge the wealth gap and empower millions of
members using GROX token. Here are some main areas.
• When community members invest in GROX tokens, the entire ecosystem
benefits from the total money invested for Green to Titanium levels. The level of
benefit depends on their membership status.
• Dividends are paid or tokens will be burnt to shorten the total supply to help
drive growth in the GROX ecosystem.

GROX Token
Offerings
Total GROX Token Volume Cap

700,000,000 - Maximum $45,500,000 USD
Initial GROX rate Payment Methods

.10 cent USD ETH
PRIVATE-SALE: Minimum: $45,000 USD - BONUS: 45%

until August 15, 2018 or $1.25 million USD is raised Whichever is first
PRE-SALE
from August 15, 2018 - November 15, 2018 or when $10 million
is raised whichever is first.
Phase 1 ($5,000,000 USD) Phase 2 ($5,000,000 USD)

• $45,000 + USD - 40% BONUS • $45,000 + USD - 35% BONUS
• $25,000-$45,000 USD - 35% BONUS • $25,000-$45,000 USD - 30% BONUS
• $10,000 - $25,000 USD - 30% BONUS • $10,000 - $25,000 USD - 25% BONUS
TOKEN-SALE
from end of Pre-Sale to December 15, 2018 or when $45,500,000
is raised whichever is first
• Day 1 - 25% BONUS

• Day 2 - 20% BONUS
• Day 3-7 - 15% BONUS
• Day 7-21 - 10% BONUS
• Day 21-30 - 5% BONUS

GROX Issue Date
July 20, 2018 12PM SGT
GROX Token Distribution
10%
Project
Team Share
18%
Community
Reserve and
Network Growth
5% 65%
Foundation Investors
2%
Bounty
Program
Use of Funds
23%
Technology,
Administration,
Network, and
General Reserve
77%
Development of
Grobinn Farms

$2,000,000
Funding will go to the development of blockchain, AI, Robotics and build

communities for continual of private and public token sale.
$5,000,000
Establish and Build GreeOx Foundation and further expand business
development of B2B business model (resorts, schools, corporations, etc.). B2B
container farm sales income will be allocated for container farm development.
$10,000,000
Recruit and Expand community network, development of global
community platform for additional investors.
$20,000,000
Growth Funding for farm development and deployment roll-out of Grobinn and
Management. Technology enhancement for climate control system, robotics, AI, and
farming technologies.
$45,000,000
Deployment of modular growing system for warehouses and factories
and expand other agriculture solutions ecosystem.
Proceeds From The Token Offering

Conclusion
GreeOx Community, Blockchain, and GROX Token - coupled with indoor farming
technologies will create a dynamic new open farming economy the world has never
seen before. Clean, safe, fresh, and traceable food is no longer a personal demand,
but a force of necessity for human race to flourish. Because of this, there will be a
demand for investment, the community is willing to participate in. In return, the spread
of wealth will be shared to communities across the globe in one simple system
designed to build trust and transparency for the members.
GreeOx has achieved several milestones as an operating entity and are entering the
evolution of implementation of the GreeOx digital token - to provide investors anywhere
in the world a great first of its kind opportunity to participate in the innovative farming
ecosystem.
By owning the GreeOx tokens, members will join a community to really change many
generations of unsustainable agriculture, at the same time, create wealth for
themselves

CONCLUSION
Evolution of Our Company
2013
Founder, H. John Tran built first
indoor hydroponic in his warehouse.
2014
Built and operated indoor farm

in office building and
residential condos
2014
Grobinn Horizontal System v1 Launched.
Grobinn sales program launched
2015
Officially changed name to GreeOx.

Successfully cultivated over
35+ varieties
2016
Expand to Groceries across HCM
City. Aquaponic rooftop farming
built and operated. Successfully
2017 cultivated 100+ varieties
Grobinn Vertical System v1 Launched.
Co-ownership investment program
launched. Direct-to-Consumer
portal launched. 2018
Designed Modular Growing System v1
for warehouses and factories.
Blockchain and GROX token Launched

CONCLUSION
Roadmap
July 20th, 2018 August - December 2018

Private Sale Begins Crowdsale
January 2019 December 2018

Distribution of GROX tokens. Blockchain features implementation. Technology
Global exchange listing enhancement for climate control system, robotics, AI
and farming technologies. Grobinn production begins.
February 2019 March 2019

GreeOx global community building and network Grobinn mass production begins
growth. FIRST Grobinn profit-sharing payout
March 2020 June 2019

Return on Investment to token holders [100% Achieved]. Grobinn farms distribute and deploy to
Introduce loan program for members to vote. all business community partners
April 2020 January 2021

Introduce modular system for warehouse Global adoption to community driven farming
and factory farms. Acquisition of other ecosystem. GreeOx is the household name for
agriculture solutions - up for votes. farming investment of choice

CONCLUSION
Company Structure
GreeOx is a Singaporean corporation, headquartered in Singapore, and we are looking

forward to opening GreeOx foundations across the globe.
Our structure is transparent and simple: The communities are the network of members
supporting the ecosystem. There is no need for institutional investors or venture funds
to take part of the ecosystem if it is unnecessary. By doing this, the GreeOx community
will invest in the system, contribute time and efforts, and get incentivized through the
process.
The GreeOx Foundation will facilitate and support the operating structures while the
community operating members will manage set of business functionalities. The
community of token holders are key operating decision makers of the direction of
company. Immediately after token offerings, GreeOx will form multiple non-profit
foundations in jurisdictions where we operate our distributed farms.
OUR TEAM
The Leadership Team
H. John Loup Dr. Hamed

Tran S. Rouan Faghiri
Founder/Chief Chief Information Chief Science
Executive Officer Officer Officer

OUR TEAM
The Leadership Team
Larry Samarjit Edwin

Schreier Rajkumar D. Ferreira
SVP Business Chief Marketing VP, Partner
Development Officer Relations
Onkareshwar Fraser Brown Tien Le

Shandilya
INDIA Country CAMBODIA Country Horticulturist
Head Head

OUR TEAM
The Advisory Board
Dr. Tai Jack Gary Baiton

Nguyen Nguyen Senior ICO &
Chief Technology Chief Financial Blockchain Advisor/
Officer Officer Crypto Investor
Kimble Mithil Tam

Ngo Thakore Nguyen
BlockChain Blockchain Advisor Graphic Designer
Advisor and Strategy
Consultant
P R ES I D E N T O F T H E U N I T E D S T A T E S
Theodore Roosevelt
“No man is above the law and no man is below it: nor do
we ask any man's permission when we ask him to obey it.
“
Legal and Company
Information
This document includes market and industry information and forecasts obtained
through internal reviews, reports and studies, where appropriate, as well as from
market research, public information and industry publications. Such reviews, reports,
studies, market research, public information and publications commonly indicate
that the information contained therein has been obtained from sources deemed
reliable but there can be no guarantee of the accuracy or completeness of such
included information.
Although GreeOx have taken reasonable steps to ensure the accurate extraction of
information and the proper context thereof, GreeOx conducted no independent
analysis of information extracted from third party sources, did not verified the
accuracy or completeness of such information or did not established underlying
economic assumptions, which were relied on. Therefore, neither the GreeOx nor its
respective directors, executive officers and employees acting on their behalf make
any representations or warranties regarding the accuracy or completeness of such
information and are not required to update the same.

LEGAL AND COMPANY INFORMATION
Terms and Definitions
To better understand the payment tokens offered by GreeOx for purchase, certain
technical terms and abbreviations (or descriptions thereof in some cases) have
been used herein. These descriptions and their assigned meanings should not be
considered as defined ones and may not correspond to standard industry meanings
or usage.
Where applicable, words used in the singular include the plural and vice versa; words
in masculine gender, where applicable, include the feminine and neutral gender and
vice versa. Reference to persons includes corporations.
Restrictions in some Jurisdictions
GreeOx truly believe fresh quality food should be available to everyone and the global
community deserves a share in the profits of distributed farming. It is sad to witness
only a handful of large agriculture investment groups controlling the majority of this
explosive indoor farming industry. Since our container farm has been able to distribute
to any part of the world and in any climate conditions, why not open it to everyone
to support the network and benefit from an open democratic, decentralized, and
distributed operation.
We have created the GROX token based on these principles. We are offering investors
the opportunity to receive the full pay-out of our distributed farming operation. As a
result, in some jurisdictions, our GROX token might be classified as a security. In the
US security laws, holding a token is strictly limited to three categories of investors.
• Investors who:
◊ Do not hold a US passport;
◊ Are not in possession of a US Green Card;
◊ Have no residence in the United States.
• Accredited investors under the US Securities Act, Regulation D, Rule 506, i.e.
investors with a net worth of more than $1 million, excluding their Primary residence,

or with a net income of more than $200,000 (if married a combined income of
$300,000).
• Investors whose residency lies in Germany are limited to a maximum of
200,000 tokens.
The SEC guidelines concerning Regulation D, Rule 506(c) demand that the issuer
undertakes “reasonable steps” to secure that investors meet the above mentioned
criteria. Our ICO apply the SEC safe harbor verification: investors have to submit a
scanned confirmation by a securities attorney or certified public accountant that
the investor is indeed verified as accredited. If such confirmation is not submitted
funds already transferred shall be remitted to the investor’s wallet or bank account.
These restrictions on holding tokens contradict our idea of giving everyone a fair
chance to participate in our distributed farming operation and the competitive
advantages of the growing system - Grobinn. However, we have to comply with
security laws and regulations. In order to reconcile these regulations with our
concept of fairness, we are already working hard to turn the token into a publicly
tradable asset. Right after the private and public sales, GreeOx will begin preparing
a prospectus, register with the SEC and apply for a listing as a security token on
regulated exchanges. Afterward, the GROX token will finally be accessible for
everyone - provided the SEC grants permission.
Information Disclosure
The distribution of this document or a part thereof may be prohibited or restricted

by laws, regulations and rules of any jurisdiction. In the event that any restrictions
apply, you must inform yourself of any restrictions that apply to your ownership of
this document or a party thereof (as the case may be) at your own expense and
with no liability to GreeOx.
Persons who are granted access to this document or who otherwise have this
document in their possession should not distribute it to any third parties, reproduce
or otherwise distribute this document or any information contained therein for whatever
purpose as well as to allow or lead to the same.
There is no offer of securities or registration. This White Paper is not a prospectus or

offer of any kind and is not intended to offer securities or investments in securities in

any jurisdiction. No person is required to enter into any contract or binding legal
obligation and no crypto-currency or other form of payment is accepted hereunder.
Any agreement regarding any sale and purchase of payment tokens (as specified
herein) is governed only by this White Paper.
No regulatory body has reviewed or approved the information set out herein. No such
actions have been taken or will be taken under the laws, regulations or rules of any
jurisdiction. Publication, dissemination or distribution of this document does not imply
the compliance with applicable laws, rules or regulations.
General Information
In order to fund the development of the GreeOx project, GROX tokens will be sold
privately adn to the public, in exchange for cash and cryptocurrencies. The GROX
token will allow investors to access the service provided by GreeOx also gives investors
the opportunity to receive the full pay-out of our global farming operation.
The sale of GROX tokens is final and non-refundable and also, GROX tokens cannot
have a performance or a particular value outside the GreeOx network. GROX tokens
shall therefore not be used or purchased for speculative or investment purposes.
GROX Tokens will not be listed on any regulated stock exchange. Neither this Whitepaper
nor any other material relating to the Offer, GreeOx Network or GROX Tokens will be
or have been filed with regard to legal standards such as the Federal Act on Stock
Exchanges and Securities Trading law, the Financial Market Infrastructure Act, the
Collective Investment Schemes Act, which are not applicable to this token sale.
Therefore, laws and acts that ensure that investors are sold investments that include
all the proper disclosures and are subject to regulatory scrutiny for the investors'
protection, are not applicable in this case. Every purchaser of the GROX Token should
receive proper advice in order to understand whether the purchase of the Token is
appropriate for him or not.
Anyone purchasing the GROX tokens expressly acknowledges and represents that
she/he has carefully reviewed this white paper and fully understands the risks, costs
and benefits associated with the purchase of GROX tokens.

Knowledge Required
The purchaser of GROX tokens undertakes that she/he understands and has significant
experience of cryptocurrencies, blockchain systems and services, and that she/he
fully understands the risks associated with the crowdsale as well as the mechanism
related to the use of cryptocurrencies (incl. storage). GreeOx shall not be responsible
for any loss of GROX tokens or situations making it impossible to access GROX tokens,
which may result from any actions or omissions of the user or any person undertaking
to acquire GROX tokens, as well as in case of hacker attacks.
RISKS
Acquiring GROX tokens and storing them involves various risks, in particular the risk
that GreeOx may not be able to launch its operations and develop its blockchain
and provide the services promised.
Therefore, and prior to acquiring GROX tokens, any user should carefully consider the
risks, costs and benefits of acquiring the GROX tokens in the context of the crowdsale
and, if necessary, obtain any independent advice in this regard. Any interested person
who is not in the position to accept or to understand the risks associated with the
activity or any other risks as indicated in the Terms & Conditions of the crowdsale
should not acquire the GROX tokens.
Important Disclaimer
This white paper shall not and cannot be considered as an invitation to enter into an
investment. It does not constitute or relate in any way nor should it be considered as
an offering of securities in any jurisdiction. This white paper does not include or contain
any information or indication that might be considered as a recommendation or that
might be used as a basis for any investment decision. GROX tokens are just utility
tokens which can be used only on the GreeOx platform and network.

The offering of GROX tokens on a trading platform does not change the legal
qualification of the tokens, which remain a simple means for the use of the GreeOx
platform and network.
Any person undertaking to acquire GROX tokens must be aware of the GreeOx
Company business model, the white paper or terms and conditions may change or
need to be modified because of new regulatory and compliance requirements from
any applicable laws in any jurisdictions. In such a case, purchasers and anyone
undertaking to acquire GROX tokens acknowledge and understand that neither GreeOx
nor any of its affiliates shall be held liable for any direct or indirect loss or damage
caused by such changes.
Forward Looking Statements
This document has forward looking statements that are subject to risks and
uncertainties, which could cause actual results to differ materially from those
anticipated. Such statements are based on our beliefs as well as assumptions made
by and information currently available.

Representation and Warranties
By participating in the Token Sale, the User agrees to the T&C and in particular, they
represent and warrant that they:
™ Are authorized and have full power to purchase GROX tokens according to the
laws that apply in their jurisdiction of domicile;
™ Are not a U.S. citizen, resident or entity (a “U.S. Person”) nor are they
purchasing GROX tokens or signing on behalf of a U.S. Person;
™ Are familiar with all related regulations in the specific jurisdiction in which they are
based and that purchasing cryptographic tokens in that jurisdiction is not prohibited,
restricted or subject to additional conditions of any kind;
™ Live in a jurisdiction which allows GreeOx to sell the GROX tokens through a crowdsale
without requiring any local authorization;
™ Will not use the Token Sale for any illegal activity, including but not limited to
money laundering and the financing of terrorism;
™ Are solely responsible for determining whether the acquisition of GROX tokens is
appropriate for them;
™ Are acquiring GROX tokens exclusively for use of the GreeOx network;
™ Understand the risks associated with the Token Sale and understand the use of
cryptocurrencies and its associated risks.

GreeOx White Paper 2018

Caricato da

Informazioni sul documento

Copyright

Formati disponibili

Condividi questo documento

Condividi o incorpora il documento

Opzioni di condivisione

Hai trovato utile questo documento?

Questo contenuto è inappropriato?

Copyright:

Formati disponibili

GreeOx White Paper 2018

Caricato da

Copyright:

Formati disponibili

GreeOx

Growing Fresh Foods Without Borders

GreeOx Whitepaper v1.1 | June 2018 | greeox.io

“ Indoor farming solves some of the challenges faced

The manifesto written out for GreeOx is based on a fundamental objective of

3 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

WHAT PROBLEM IS GREEOX SOLVING?

4 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

The land and resource-intensive practices of traditional agricultural systems result

Gearing up to the challenges ahead are consumer and government pressures to

HOW WILL GREEOX SOLVE THESE PROBLEMS?

5 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

Figure 1. GroBinn container farm. 40 x 9 x 8.5 feet surface area

6 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

7 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

GreeOx is building tomorrow’s agricultural economy, encouraging and facilitating

GreeOx alternative farming is truly an egalitarian model of wealth creation in a future

8 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

Revenue Distribution - The blockchain protocol enables all participants to be a part

Figure 2. Inside GroBinn container farm

9 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

10 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

FARMING UNITS: FINANCES & ACCOUNTING

REAL WORLD OPERATION MONITORING

11 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

SUPPLY CHAIN TRACEABILITY

Figure 3. System Overview. Grobinns Dashboard

12 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

13 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

GROX is uniquely placed as the founding Company of the blockchain-powered

We have overcome real issues at growing technologies, vetting the business

In contrast to the companies described, GreeOx has been conducting innovative

14 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

FreightFarms Plenty Aerofarms Bowery GreeOx

OFFERINGS Container Farm Produce Produce Produce Farm as a Service

LOCATION Cities Cities Cities Cities At Location (Cities)

Figure 4. Comparison: GreeOx and other indoor farm operations

The GreeOx Foundation was founded as a non-proﬁt organization to distinguish

15 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

GreeOx’s current co-ownership structure is based on a simple principle of buying

GreeOx was formed by a group of ﬁnancial experts, horticulturists, technologists,

16 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

GreeOx farms partnership program is a collaboration between businesses and

By connecting the community of blockchain, farmers, business, investors, and

17 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

Step 5 GreeOx community urban farmers will

Step 4 Growing system will go into development

Step 3 Once approved, GreeOx Foundation

Step 2 Partner and farm requirements and due

Step 1 Through the GreeOx Foundation and

Figure 5. The Farm Distribution Process

FARMING UNIT [GROBINN]

18 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

Low Monthly revenue: $3,000.00

Foundation Distribution: $1,200.00

Foundation Distribution: $1,200.00 Proﬁt Distribution: $1,800.00 Foundation Distribution: $1,200.00

Proﬁt Distribution: $800.00 Proﬁt Distribution: $2,800.00

Yearly ROI: 40%

Figure 6. Chart of Return per Grobinn

19 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

Total Farm Community Token

Figure 7. Token Proﬁt Share

20 | GreeOx Whitepaper v1.1 | greeox.io | info@greeox.io

Proﬁt Share Active Farms

Pre-packaged and Qualiﬁed Farming Partners

Invest Anytime, Anywhere Feed the world and share

Most innovative investment Diversiﬁed investment

NO foreign company and tax NO farming management

NO hassle and invest in MINUTES