Equally simple is another equation. It’s not hard to see how less fertile soil will mean less food. Scarcity brings up the price, as Web3 knows. Food will get more expensive, year after year. And when food prices go up, other things start falling apart, too. The “carry on as a species” might have been a bit too dramatic, granted, but the link between food availability and social upheaval is clear.
That being said, vertical farming is still trying to find its footing. Regular growth pains, one might argue, will pass with more maturity and technological evolution, but venture capitalists beg to differ. Vertical farms, projects that could save the life-critical agricultural industry, are struggling to raise funds. As such projects usually require a lot of upfront investment, they can only turn to major funds, not smaller players. In other words, traditional capital, with its regular focus on short-term gains and a lack of