 | AgriDexAgridex is a Solana-backed RWA marketplace that aims to reshape the global agricultural industry. It provides participants in the agriculture sector with a transparent and integrated marketplace featuring its own internal economics. Seed Round: $5M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is AgriDex
AgriDex is a Solana-based platform that tokenizes agricultural commodities and enables trading of those tokenized commodities. Each transaction on AgriDex is represented by minting a non-fungible token (NFT) that permanently records all products, pricing, payment and other details.
AgriDex aims to help investors, farmers, and governments save costs and improve their profitability. "AgriDex has the potential to save stakeholders billions of dollars a year, and we're only just scratching the surface," Duckworth said, noting Solana's fast settlement, high throughput, and low fees.
AgriDex plans to initially tokenize and list agricultural commodities such as sugar, grains, and cocoa, Duckworth said, adding that the platform will support more commodities in the future with new partners and investments.
DetailsPre-sale token supply: 150,000,000 tokensToken supply: 1,000,000,000 tokens Total tokens for sale: 350,000,000 tokens Raised: 5,000,000 USD LegalBlockchain Platform: SolanaRegistration country: United Kingdom Registration year: 2023 | Token infoType: Utility-tokenToken standard: SPL-20 Token price in USD: 1 token = 0,1 USD Token distribution: 5% - Airdrop 20% - Private pre-sale 20% - Treasury 15% - Developer and Teams Pool 15% - Early Investors 15% - Management/Employees 10% - Launch partners |
AgriDex Roadmap
- Concept born
- Platform development started focussing on infrastructure for a digital marketplace and whittling down requirements
- Strategic Partnerships and Investments Agreed. 60 Institutions or entities committed to investing or support AgriDex as launch partners. These include state entities and some of the largest agricultural groups and logistics suppliers in world.
- Successful seed funding secures AgriDex's Future.
- Future Farms Strategic Agreement signed. This set out a roadmap for 3500 UK Farmers from Future Farm to join the Platform with expansion pians set for the US and South Africa.
- Platform Technology Partner Salected: AgriDex chooses Solana from a strong field of offers. Anatoly Yakovenko, founder of Solana Group agreed a strategic grant and range of support mechanisms to take AgriDex onto the Solana ecosphere.
- Viable Demonstration and Proof of Concept: AgriDex has a demonstrable product which it actievly showing and specialising to its range of key launch customers. Q1 2024
- Governance Token Launchto create a community of stakeholders and fund team expansion and beta testing
- AgriDex will expand its onboarding and customer success team ensuring that the launch partners and first customers enjoy a seamless transition from legacy systems to AgriDex
- AgriDex platform will launch, offering a comprehensive digital marketplace for agricultural products and services
- Core Marketplace demo.
- Listing products for sale
- Search and filtering of products
- Offer negotiation
- Document upload, hashing and verification
- Ricard contracts
- Shipping and logistics updates
- Deal NFT/Metadata creation
- Solana Pay Integration
- FCA regulated e-money licence to be offer its global client base the ability to transact in digital Euro and US$
- Initial Release MVP
- Onboarding new users
- KYC/AML Integrations
- Trade Financing: One-to-one deal financing Insurance
- AgriDex expects to have 2,400 customers trading on its platform. It will focus on regions/countries where it has an established connections including the UK, Africa and Qatar.
- Release V2
- Liquidity pool financing
- Token Staking
Project team
Advisors
Social media
