Agriculture industry and development in Africa based on the first blockchain
Hello cryptocurrency is happy for all of you here I will explain a project called (GRIC COIN).
GRIC COIN is a company that will create a decentralized open-source currency before the end of 2019, which focuses on improving agricultural practices and increasing agricultural output globally with a major focus on Africa. With more than 60% of the 1,166 billion people living in rural areas, the African economy is inherently dependent on agriculture. More than 32% of the continent's gross domestic product comes from this sector.
However, agricultural productivity is still far from the developed world standard. More than 90% of agriculture depends on rainfall, without the help of artificial irrigation. The techniques used to cultivate land are far behind what has been adopted in Asia and America, lacking not only irrigation, but also fertilizers, pesticides and access to high yielding seeds. Agriculture in Africa also experiences basic infrastructure problems such as access to markets and financing.
And the Project is setting up a company in Africa, Africa has around 51 million farms that are about 80% smaller than 2 in size that fits the research conducted by Lowder, Skoet & Raney in 2016. Most of these farms are poorly managed because lack of finance, and in many cases do not have the facilities to process their products. As a result, they end up selling their products at very low margins to large farms or industries that process these items and get more profit from them.
African agricultural markets are like virgin markets waiting to be tapped. According to the 2017 Africa Status of Agriculture Report, the African food market continues to grow strongly. World Bank estimates show that it will be worth US $ 1 trillion by 2030, up from US $ 30-50 billion today. This projected growth is so great that every company that enters agriculture with the right strategy will have enormous opportunities for growth, expansion and profit taking.
The African continent has the largest proportion of agricultural land in the world with 1.2 million hectares of land, according to telegraph.co.uk. Every year, Africa imports food worth more than $ 35 billion, and this estimate is expected to increase to $ 110 billion by 2025. Most of the food imported is that which can be processed locally. But this requires the right resources and facilities with equal investment. Businesses are awakened by the opportunities presented by the fast-growing food market in Africa, which is possible.
Worth more than US $ 1tn every year by 2030 because imports are replaced with high-value locally produced food according to the African Agricultural Status Report. According to the report, agriculture will be Africa's peaceful revolution, supported by smart investment in the food system.
Africa spent US $ 35 billion on food imports (excluding fish) in 2011, only 5% of which was related to trade on the continent. Increased productivity, which is in accordance with the right set of policies and investments, can restore this situation. Africa can replace this import with their own products, which in turn will reduce poverty, improve food and nutrition security, and provide sustainable growth to their respective communities.
Gric aims to create a brand that will become a benchmark in the agricultural industry, eliminate imitation, falsify food and improve food. It brings transparency with the help of blockchain, and makes vehicles for people to invest in real-life agriculture and get their investment returns.
The Gric Coin project will share profits with coin holders on the annual premise. During the fixed period, this project will distribute around 20% of the profits generated in the agricultural / processing industry with all coin holders. That will not be done through a smart contract. The use of Grik coins for investment in our agricultural partner projects will increase the use of coins and help increase the wealth of coin holders.
The vision is to create an open source currency that is decentralized before the end of 2019, which focuses on improving agricultural practices and improving agricultural yields around the world with a primary focus on Africa. FARM AND BLOCKCHAIN PROJECTS
Statement At the end of our ICO in February 2019, we will buy 1,000 hectares of farmland where we will build our processing and processing plants to process and package all of our agricultural products to meet international food processing and packaging standards.
GRIC tokens are created on the Ethereum blockchain. Token gric is built on the best crypto platform ERC-20 (Ethereum platform). That means fast transactions, very low costs, and the possibility of unlimited growth. Ethereum is an open-source project that enables the creation of smart contracts and provides users with a safe and fast transaction system.
GRIC will implement a comprehensive plan for marketing. The project plans various digital marketing approaches such as banner ads, press releases, signature campaigns and social media. The coin grid will list project ICOs in the leading cryptocurrency currency exchanges. GRIC has a pragmatic financial plan as part of the overall strategy. In its operations, GRIC will focus on bottom-line from the beginning to achieve profitable growth and sustainability. The bulk of the funds collected will be invested to buy 1,000 hectares of land for agriculture.
• Gric Websites and Applications:
Web sites and applications will provide accurate and reliable information to buyers and sellers about food products and about market conditions.
• Quality:
Our users will be able to obtain authentic and standardized food products that provide the best quality and value for money.
• Trusted databases:
Gric has a decentralized and transparent database on unalterable blockchain where information cannot be modified fraudulently and reliably over time
• Grik Notes and Reports:
Information collected by Gric will be used to make transparent and reliable records that will be available to farmers and consumers.
• Why must invest in Gric coins
• Good returns
• You can use your Gric coins as payment in our Utility Project and get a good return on your investment.
• The Future of Agriculture
• By buying Gric Coin, you will invest in the future of agriculture.
• Good Steps
• Your Gric Coin purchase will help create jobs for hundreds of farmers who will be employed on our farm.
• Continuous Return
• Every year Gric Coin holders will receive 20% of the Gric Coin Project net profit which includes the Farm / block chain site, the farmer partner project and the adoption project.
• The GRIC Token aims to function as a comfortable digital currency with a limited number of speculative trades because of the intrinsic value obtained from a stable future income. Therefore, GRIC tokens are far less likely to experience the same level of price volatility that characterizes coins / other tokens in the cryptocurrency market.
• GRIC tokens are used to run GRIC platforms and networks. Some of the printed GRIC tokens will be sold to the GRIC community in public sales. Before public sales, pre-sales will occur.
Name: Gric Coin (GC)
Type: ERC20
Platform: Ethereum
Exchange Rate: 1 GC = 0.007 USD
Currency Received: ETH, BTC, LTC, ETC, XRP
Minimum Purchase: 2500 GC
Starting: November 1 (00:00 GMT)
End: November 31 (23; 00 GMT)
Soft Cap: 1,000,000 USD
Hard Cap: 25,000,000 USD
70% of all coins are available for purchase during the ICO. The details of
the token allocation of Gric are as follows:
WANT TO KNOW MORE ABOUT THE GRIC-COIN PROJECT PLEASE VISIT THE FOLLOWING GRIC-COIN OFFICIAL SITES:
Website : https://agric.io/
White paper : https://agric.io/wp-content/uploads/2018/08/GRIC_GC_ICO.pdf
Facebook : https://www.facebook.com/griccoin/
Twitter : https://twitter.com/griccoin
Telegram : https://t.me/griccoin1
AUTHOR BY :
USERNAME BITCOINTALK : agentdosa
PROFIL BITCOINTALK LINK : https://bitcointalk.org/index.php?action=profile;u=1296067
ETH ADDRESS : 0xE922D1a69b8078332e526692a61C306D84EEb8fA