Market Overview

NagriTech - Pitting cryptocurrency against land, giving investors access to blockchain technology, through "...one of the safest investments in the world"

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With Bitcoin still grabbing global headlines daily, it is no surprise that initial coin offerings (ICOs) are set to dominate both tech and business news in 2018. While cryptocurrencies have experienced growth in the thousands of percentage points, they have been notoriously volatile, meaning startups that have the ability to pitch coins against something solid and more stable have rightly grabbed investors' attention. 
 
NagriTech - an Ireland registered agricultural technology and soon-to-be blockchain business - has fused technology with agriculture to build a company and product that operates in one of the most vital industries in the world. Pitting cryptocurrency against land gives investors access to blockchain technology and the oldest and arguably one of the safest investments in the world simultaneously. It is food security, however, that drives demand for the NagriTech product. United Nations Secretary General António Guterres told a high-level delegation in Addis Ababa on January 27, 2018: "After a period of prolonged decline, world hunger is on the rise."
 
While food insecurity is the result of a myriad factors from climate change, to environmental degradation and conflict, those countries and regions that are producing crops need to be as competitive and efficient as possible to meet demand and remain sustainable.
 
NagriTech fuses agricultural science with cutting edge technology to help farmers grow nutritious food that is plentiful, affordable, and growable. It does this with micro-elements and antioxidants, which improve yield quality and quantity demonstrably, all to the backdrop of increasing populations and a shortage of workable land.
 
The NagriTech product has seen millions of dollars invested in tests and use cases in 10 different regions around the world, proving the case that crop production and quality is greatly improved. Crop yield increases between 10% and 30% and toxins are reduced between 30% and 50%. 
 
Now, while the world deals with emerging market instability, currency volatility, conflict, fluctuating interest rates and market conditions that stifle agriculture and threaten food security, NagriTech is offering an ICO tied to land, an asset that can offer stability in the tumultuous cryptocurrency market. NagriTech, therefore, sits neatly at the intersection of agriculture, technology and finance.
 
NagriTech CEO Yevgeniy Kozarenko says the Nagri product is aimed at returning to healthy organic food, while boosting crop yield. "Our formula is a composite of microelements, antioxidants and humic acid. By using only one liter of our concentrated formula, farmers will be able to spray almost one hectare of any crop."
 
However, it is where nanotechnology meets blockchain that Kozarenko believes the business truly enters the digital age while offering vital stability missing in many other blockchain setups. NagriTech will be launching its ICO in March, using the funds to drive mass rollout of its product in Brazil and the EU. Because of this, says Kozarenko, investors are able to realize true value as their investment is tied to a solid industry. 
 
"The key advantage of Nagricoin is that these tokens are one of the only forms of cryptocurrency to be tied to a real sector – agriculture and land – which we believe will give more stability and lasting value when compared to other cryptocurrencies," Kozarenko says. 
 
Full rollout of the Nagri product is expected in 2019, with an estimated sales volume of US$28-million and a net cash flow of approximately US$9-million for the first year.
 
"The company will provide a 10% discount to all distributors and farmers if the product is bought with NGR tokens. In addition, 20% of any of the company's sales will go towards the purchase of tokens from the market, which will create a demand and increase the value of the token," says Kozarenko.
 
Full details of the ICO will be made available shortly on the NagriTech website. 
 

— WebWireID219595 —


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