Agrolot ICO (AGLT Token): Agricultural Crop Trading Marketplace?
What Is Agrolot?
Agrolot is a project that is intended to create a B2B platform for crops and other food products. The project is currently running a crowdfunding campaign that is based on the blockchain using smart contract technology. Thus far, the project has already managed to launch Agrolot.com, which is an informational and trading platform. The aim is to turn it into a full solution for food and agricultural products.
How Agrolot Agricultural Crop Trading Marketplace Works
This project will utilize the blockchain-based payment solution known as OFIR. When combined with smart contracts, it will help to ensure that all transactions remain secure, comprehensive, and fast. The project takes into account all the aspect of business processes such as logistics, storage, finance, instance, quality assessment, and eliminating intermediaries from the trading chain.
Besides that, the platform will act as a guarantor, which will ensure payment security, track the safety of goods, and ensure goods are delivered in a timely manner.
The Aim Of Agrolot
One of the things that this project will do is to help in the sale of products. It will let producers sell goods in a profitable manner as possible. They will also ensure that these goods are sold at the right time when prices are high.
Because of the high demand for the different products and considering seasonality, the project will rely on an auction sale model. Similar goods will be grouped in similar transactions; there will also be a high level of transparency for all the financial components. The buyer will have an opportunity to buy the goods they need in a fast manner.
The Agrolot project will also offer the highest security possible using modern technology. They will utilize the blockchain to act as guarantors via the creation of smart contracts. This project could potentially solve all the challenges that currently face food distribution.
In addition to that, they will strategically provide the best income model for the sellers and buyers. This platform will also be quite easy to use with the aid of apps. There is also going to be an exchange that lets you change the OFIR for Ethereum, Bitcoin, and even Fiat.
Agrolot AGLT Token ICO Details
The platform will be powered by the AGROLOT (AGLT) token. It is an ERC20 standard token based on the Ethereum blockchain. Combined with the smart contracts, everything on this platform is expected to run smoothly.
- Private Sale Date: June 15, 2018 – June 20, 2018
- Pre ICO Date: June 20, 2018 – June 29, 2018
- ICO Main Sale Date: July 1, 2018 – July 30, 2018
- Soft Cap: 1,000,000 USD
- Hard Cap: 25,000,000 USD
- Token Ticker: AGLT
- Platform: ERC-20
- Purchase Using: ETH
- PRICE: 1 AGLT= 1 $
- Available for sale: 34,750,000 AGLT
- Total Tokens: 100 000 000 AGLT tokens
Besides the sale of tokens, there will be bonus tokens and airdrop tokens of 9.75 million tokens. The remaining 65.25 million tokens that are not sold will be distributed into 2 and frozen.
You may be interested
Blockchain Refresh: Why KPMG’s New Strategy Focuses on CustomsEditor - October 15, 2018
[ad_1] Blockchain Refresh: Why KPMG's New Strategy Focuses on Customs CoindeskFull coverage [ad_2] Source link
Coinbase Fails to Predict Demand from Large InvestorsEditor - October 15, 2018
[ad_1] Source: iStock/GearstdThe popular US-based fiat-to-crypto exchange Coinbase has decided to shut down its still relatively new Coinbase Index Fund,…
Bitcoin (BTC) Surges Above $7K, Plus Ethereum, Ripple and XRP, Tron, Litecoin, Monero: Crypto News FlashEditor - October 15, 2018
[ad_1] Bitcoin (BTC) Surges Above $7K, Plus Ethereum, Ripple and XRP, Tron, Litecoin, Monero: Crypto News Flash The Daily HodlWirex Survey…