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| Bitagro IEO Review (AGRO Token) |
Buyers and sellers registered on the platform can make smart contracts, transact with each other, share food-related information and track the history of food prices from various sources around the world.
The AgroDex platform is powered by the AgroCoin cryptocurrency which guarantees payments between users on the platform. Cryptocurrency seeks to be an important tool in the agro-industry market by providing a safe, transparent and decentralized way to buy agricultural products to buyers and sellers.
How the AgroDex Decentralized Exchange Platform Works
After registering on the AgroDex mobile application platform, they will have access to a large collection of producers and suppliers of agricultural products near users. All products on the platform are classified and rated using AgroCoin. However, to have access to products from manufacturers or sellers, users must purchase AGROCOIN cryptocurrency at AgroDex.
After the user identifies the seller with a product that matches the desired quality and price specifications, they can buy the product by starting a smart contract with the seller. The platform will then begin the transaction process and immediately contact their logistics partners to notify them of the transaction and arrange product delivery.
In addition, the AgroDex platform performs all necessary procedures in terms of product quality control, financial support, and provides more opportunities for consumers and suppliers in foreign economies.
The platform will then guarantee the transaction by holding payments in escrow using a smart contract until the seller sends the item and after the buyer confirms the delivery, the payment is credited to the buyer's account where they can withdraw it.
In addition, using AgroDex, agricultural producers and farmers can give their asset tokens that can be converted into various cryptocurrency. They can then use Tokenized agricultural assets to obtain loans without having to go through complex and busy bureaucratic processes.
Benefits of Using the AgroCoin Platform
Secure
All transactions uses AgroCoin are guaranteed by Smart contracts. Both buyers and sellers have electronic digital signatures (EDS) that will sign smart contracts for them. This ensures that the transaction has maximum protection and that trading is safe using AgroCoin.
Mobile Application
AgroDex may be accessed through a mobile application that enables users to search suppliers or customers of agricultural products, identify prices of agricultural products currently on the market, or even identify gaps in the agricultural industry.
Implementation of Blockchain Technology
AgroDex integrates blockchain technology in its trading system that creates trading more transparent while ensuring fair market prices in real time. The use of blockchain technology also ensures that transaction and operational costs remain low for buyers and sellers around the world.
About AGRO Tokens & IEO Details
AGROCOIN will provide all operational processes within the network and become a reliable source of value for all participants of this project. You can buy coins easily on the available cryptocurrency exchange platform, where you can buy them immediately at an affordable price.
Token: AGROCOIN
Type: Utility Token
Symbol: AGRO
Blockchain: Ethereum
Supply: 600,000,000 AGRO
Price: 1 AGRO = 0.2 USD
Softcap: 5,760,000 USD
Hardcap: 72,000,000 USD
IEO Date: March 27, 2019 - June 27, 2019
Note: BitAgro IEO on LAToken and Exmarkets Exchange.
Conclusion
AgroDex is a blockchain based B2B platform that focuses on trading agricultural crops and food products. The AgroExchange platform aims to contribute to the global adoption of blockchain technology by ordinary people through integration with e-commerce channels using a decentralized payment platform. The AgroDex platform in the future allows many people to use it.
However, you need to research and read their whitepaper and you can also ask the bitagro team if you don't know about the bitagro project. The information above is just a small part, you can see the details on their official website below.
Disclaimer: Cryptopop does not encourage investing in any ICOs published on the platform. Make sure to do your own thorough analysis before putting money into ICO (Initial Coin Offering). All content on Cryptopop is meant to be used for information purposes only, and should not be taken as financial or investment advice.