GrowFi

GrowFi fractionalizes urban farms on XRPL letting users co-own, co-grow, and earn climate-positive rewards.

Project Information

At a Glance

GrowFi fractionalizes urban farms on XRPL letting users co-own, co-grow, and earn climate-positive rewards.

Description

GrowFi is a Web3-powered platform that allows anyone to co-own & co-grow sustainable urban hydroponic farms. Each container represents a crop (basil, lettuce, tomatoes, peppers, leafy greens, pepper among other) that are then fractionalized into digital shares on the XRP Ledger (XRPL) using XRPL’s native Multi-Purpose Tokens (MPT) standard.

  • Users purchase MPTs to own a portion of a container’s agricultural output. As the plants grow and harvest cycles complete, GrowFi distributes XRP payouts based on proportional ownership and mints ImpactCredits, which represent measurable environmental benefits such as CO₂ avoided, water saved, and food generated.
  • The platform makes sustainable agriculture investable, transparent, and community-driven, bringing all the whistles and bells of Web3 with a focus on urban farms with real climate & humanitarian value as it contributes to solving problem of food scarcity.

Our MVP demonstrates the full regenerative loop:

  • Co-own a real farming container
  • Co-grow through a simulated growth cycle
  • Harvest and receive proportional XRP returns
  • Track measurable social & environmental impact
  • Gamification through Climb community leaderboards

Technical Details

Architecture & Technologies

Frontend Architecture:

  • Next.js 16 with React 19
  • TypeScript
  • Tailwind CSS
  • Framer Motion

Blockchain Integration:

  • XRPL (XRP Ledger)
  • Multi-Purpose Tokens (MPTs) - Custom implementation using XRPL's native token standard for fractional farm ownership
  • GemWallet Integration
  • Token issuance scripts creating farm-specific tokens (FRSH, CREEK, GROW, RIVER, SHARE) and impact credits (SPROUT)

Challenges Overcome Fractional Ownership Representation

  • Challenge: Creating intuitive UX for complex fractional ownership concepts
  • Solution: Designed clear visual indicators, progress bars, and impact metrics to make ownership tangible

Real-time Data Synchronization

  • Challenge: Keeping wallet balances and token holdings synchronized
  • Solution: Implemented React Query with automatic refetching and optimistic updates

Token Creation Pipeline:

  1. MPT Issuance: creating farm-specific tokens with metadata
  2. Metadata Encoding

Team

3
MK

Malcolm Kastiro

LT

Linh Tran

JS

Joy S

Hackathon

HACK4GOOD: Build with XRPL Commons ECE

Duration

Nov 29, 7:30 AM - Nov 30, 5:00 PM UTC

View Hackathon Details