What are the benefits of using AgriCoin?

Asked 8 months ago

I have heard of cryptocurrency and blockchain extending as far as the agricultural sector. Does this mean we can buy food using AgriCoin? What exactly are the benefits of using AgriCoin?

Filip Dimkovski

Friday, July 08, 2022

AgriCoin is a project that has a clear goal - digitalize agriculture in Africa, empowering the production of food in places where it's needed the most. The benefits of it are the following:

  • Passive income: AgriCoin has a validation system - you need to stake a certain amount of the token and you'll then earn passive income. There are different levels of staking, but the smallest one starts with $4. However, the returns look too promising to be true, so be careful.
  • It's a noble project: The idea of AgriCoin is to earn passive income, but it's also a way to make life easier for the less fortunate. By being a validator, you improve the agricultural ecosystem in places where agriculture is less developed.
  • It's Africa's first big blockchain: It promises to connect the blockchain with one place, connecting farmers and traders, giving them resources in the form of cryptocurrency. With the help of smart contracts, you can use AgriCoin to crowdfund promising agricultural projects in Africa and less developed parts of the world.

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