Nagricoin: Smart Contracts for Smart Fertilisers

clauming (7)in #agriculture • 6 years ago (edited)

Introduction

Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.

All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

For this reason, the project I am going to present you is Nagricoin, the only agricultural token based on blockchain technology and tied to real sector of the economy which compensates currency fluctuation and adds lasting value.

Presentation

Definition

As I said before, Nagricoin (NGR) (https://nagricoin.io/) is one of the first cryptocurrencies in the agricultural produce sector of the economy with a unique model of value and symbolic suport, which can be cataloged with the compost organic formula nova microelements and antioxidants that stimulates the creativity of the plants.

Goals
The basic objectives of Nagricoin are the improvement of the ecological compatibility, the recoverability, the vagueness and the fertility of the soils, to help to the increase of the microbial diversity and to the reduction of the stress of the plants due to the environmental conditions and in addition, to be able to support to the increase in the redundancy of diseases and the resistance of plants.

Advantages

For plants	For fertilizers
It increases the growth rate and the yield	It can be applied by machinery already used to apply common fertilizers and plant protection products
By increasing the absorption of all necessary minerals and vitamins, and trace elements by plants, it improves the appearance and nutritional properties of all types of crops	Does not require farming companies to invest in equipment
Improves soil structure and stimulates development of microorganisms, that contributes effectively to the humus rejuvenation process	Can be produced locally in all markets
Improves ecological compatibility	It would require many years of research and testing to recreate the composite to produce a copy of Nagricoin elements
Improves ecological recoverability and looseness as well as fertility of soils	Low operating cost for use
It also increases the microbial diversity	It can be transported and stored as a highly concentrated substance that is diluted with water before use, so it reduces logistics and storage costs
Reduces plants stress and its diseases	It possible to achieve high economic benefits due to its low cost
Intensifies metabolic processes in plant cells	The finished product has a long shelf life and can be prepared in the required amount for sowing, etc
Others	Absolutely non-toxic and safe for humans and animals

Roadmap

Airdrop

The project gives the opportunity to earn Nagricoin (NGR) tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk platform. Here (https://bitcointalk.org/index.php?topic=3186058.0) you can access to the link in order to see what are the conditions to become an early NGR contributor and start acquiring tokens.

Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://nagricoin.io/storage/files/01_nagricoin_wp_eng.pdf?v=61b11ad30f1203a1d61349270179463c). You can also stay tuned in their official Telegram group (https://t.me/nagricoinchat). I hope you liked the post and soon I'll send you new ones.

Extra details

Token: NGR
Platform: ETH
Type: ERC-20
PreICO price: 1 NGR = 1.5 USD
ICO price:1 1 NGR = 3 USD
Tokens for sale: 9,666,667