The Avocado industry has become a literal gold mine for all involved

It is currently worth $10 billion and is expected to reach $16 billion by 2026, and is transforming agrarian economies throughout Central and Latin America. Many people have come to refer to Avocados as green gold. The new crypto will support these initiatives while also making massive investments in the sector. The project was recently funded with $200 million in venture capital from investors including Animoca Brands and Soteria Node. Other investors include GoldenTree Asset Management executives and the Binance Smart Chain's $1 Billion Growth Fund.While the Avocado Coin's price has increased during the summer months, its recent downward trend has been reminiscent of the prices of Mexican avocados. This month, the value of the crypto has plummeted to levels it hasn't reached since last June. Bloomberg analyst Tracy Alloway called the price drop "the Avocado Alarm" and joked about the potential value of the industry's avocados.

The Avocado Coin is a digital security token backed by the avocado industry

The total supply of $GUAC is 21 million coins, which is the same as the supply of Bitcoin. Its current value is $1,000, but is expected to exceed that amount within a few years. The GGLD token, meanwhile, is more liquid, with a total supply of 21 trillion GGLD tokens.The Avocado Guild has raised $18 million in Series A funding to expand their gaming services. This platform for platform-to-employment gamers clusters players who play a blockchain game. Users can collect digital characters and battle each other in their virtual form. Those who win can earn NFT loans and earn additional cash through revenue sharing agreements. In the case of Avocado Guild, these rewards are shared between players and the company.

Current market

The current Blockchain systems for food traceability are already working and processing millions of transactions; however, they have issues with the scalability and decentralization of the information. In addition, their approach has a limited number of transactions, and their data lack reliability because the source of the data is handmade. The leaders in this sector are IBM and VeChain; Walmart uses both of these blockchains to track the products coming from suppliers but only in a few products and countries like China USA, and Brasil.

Popular Facts About Avocado

In a Series A funding round, the Avocado Guild raised $18 million. The company plans to use the funds to expand its gaming services. The SAND token was boosted by the announcement of the partnership between Adidas and The Sandbox. The SAND is a currency that enables players to earn money by playing games. In exchange for the SAND, users can earn NFT in P2E games and even decentralize their finances.If you want to learn more about this project, you can attend its Data Summit online event, which will be held on March 9th, 2019. The event will be open to the general public, and is free. The first banana-backed coin will be available on the market in early 2018. There is a need for a blockchain to facilitate this kind of global cooperation. Developing a blockchain-based industry will help farmers prosper globally.A second step in the process of launching this blockchain is to launch an event called Data Summit. It will take place on March 9th. This event will be held online and it will be open to anyone. Moreover, it will also feature an avocado-themed presentation on the benefits of the avocado blockchain to the industry. The aim is to foster cooperation between stakeholders and grow the blockchain as a valuable asset. This initiative will benefit the entire community.