What is AgriDex? Introduction to Team, Achievements, Token Economics and Token Allocation

AgriDex: Solana blockchain platform for innovating agricultural trade

This newsletter explores in-depth how Solana-based AgriDex platform introduces a $2.7 trillion agricultural industry into the blockchain world. The Solana ecosystem needs to go beyond the short-term boom of meme coins, and AgriDex is working on it.

What is AgriDex?

Global agriculture is facing technological changes, and efficiency improvement is crucial. However, high capital costs, inconsistent food quality standards, complex trade routes and fraud risks hinder development. AgriDex aims to solve these challenges through decentralized markets.

Core advantages of AgriDex:

• Combat food fraud: Use blockchain technology to improve food traceability and reduce the risk of fraud.
• Enhanced traceability: Transparently record product source, quality and sustainability information.
• Promote fair access: Create a fairer trade environment for producers and improve profit margins.
• Reduce settlement costs: Through blockchain technology, the settlement costs are reduced to less than 0.5%, and the settlement time is shortened to a few seconds.

AgriDex provides an inclusive market that supports transparent transactions, simplified KYB processes, multi-currency settlement, smart contracts, and visualization of sustainability certification.

AgriDex's core features include: real-time transaction tracking, flexible payment terms, and support for all international trade terms (Incoterms). AgriDex creates value for investors, farmers and governments through NFT tokenization of agricultural commodities.

Team and Achievements

AgriDex has received more than $6 million in financing, and its team members have expertise in finance, agriculture, law and technology.

AGRI Token Economics

AGRI Token is AgriDex's governance token, and its uses include: governance voting, profit repurchase and reallocation. Token holders can participate in DAO governance and determine the utility of tokens, such as: market insight subscriptions, liquidity pool rewards, impact agricultural funds, on-demand data services, and environmental and social reward programs.

Token allocation

Total supply is 75 million AGRI tokens with an initial price of USD 0.065. Token allocation does not include public offerings.

Summary

AgriDex leverages Solana's strengths to expand the narrative of real-world assets (RWA) into the agricultural sector, aiming to revolutionize global agricultural trade, improve efficiency, and promote sustainable development.

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