AGN tokens will provide farmers in both developed and developing countries to sell their products at fair prices directly to end consumers.
XT.COM, the world’s first socially infused trading platform, announces the listing of AGN on its platform in the Main & Web3 Zones. The AGN/USDT and AGN/ETH trading pairs have opened for trading from 2022-12-26 at 8:00 (UTC).
About AGN token
AGN is an ERC-20 token deployed on the Ethereum blockchain with a total supply of 3,690,000,000 tokens. The tokens will be used to create an efficient supply chain within the Agrinode agricultural ecosystem. AGN tokens will provide farmers in both developed and developing countries to sell their products at fair prices directly to end consumers while expanding their own financial options without liquidity being locked up by middlemen in traditional supply chains. Consumers will also be able to purchase a monthly subscription of farm produce with AGN tokens and receive full transparency regarding where and how the involved farm products are within the supply chain. AGN tokens will also act as agricultural crop insurance for farmers that need to be financially covered, especially those who have difficulties receiving coverage from traditional banking services due to their rural and financial state.
About Agrinode Blockchain
Agrinode is a blockchain-based agricultural platform that provides supply chain and business solutions to agricultural and financial challenges found in traditional agricultural practices. The project provides farmers who don’t have access to proper banking services or financial support. This removes limitations such as excess waiting periods on loan approval and eliminates intermediaries. Agrinode’s Smart contract will also solve payment delay issues arising due to business intermediaries by facilitating auto-payments. Farmers would then be paid immediately upon the delivery of goods received by end consumers.
Any potential food contamination can be easily traced with minimal delays that can minimize damage to the public by implementing immediate recalls. This will ultimately help prevent food fraud, false labelling, and help manage wastage. Agrinode’s transparent supply chain system easily keeps track of perishable goods using on-chain data while calibrating to spontaneous weather conditions, keeping each person within the newly revised supply chain updated in real-time.
End users on the consumer side would be able to directly purchase monthly subscriptions from farms without going through business intermediaries which adds unnecessary costs to the base price.
