Website

Gric Coin

ICO

Published: Oct 23, 2018

The Gric Coin vision is to create a decentralized open-source currency, that is focused on improving agricultural practice and increase agricultural output globally with the major focus on Africa.

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Overview

Product type	Cryptocurrency
Whitepaper	Open

What is Gric Coin

The Gric Coin team divide their project into three stages: farm project, coin utility project, and service adoption. The team plans to purchase 1000 acres of land for mechanized farms and processing industry. The Gric Coins FarmPartner.ng platform will list farm projects specifying total cost, ROI, etc. This is supposed help investors to make a sound decision. The platform will only accept ERC20 Gric Coin (GC) tokens. The Gric Coin claim they will pay about 20% of profits to the token holders every year.

Details

Public sales: Aug 20, 2018 - Oct 31, 2018
Token supply: 60,000,000
Soft cap: 1,000,000USD (fiat)
Hard cap: 25,000,000 USD(fiat)

Token info

Ticker: GC
Type: Cryptocurrency
Token price in USD: 1 GC = 0.004 USD
Accepted currencies: ETH BTC LTC ETC XRP
Bonus program:
Pre-sale - 15%
August - 10%
September - 7%
November - 5%
Token distribution:
70% - Core Token Sales
5% - Partners and Advisors
3% - Project Team
19% - Bonus and Reserve
2% - Airdrop and Bounties
Funds allocation:
30% - Land Purchase and Infrastructure
25% - Processing Activities
15% - Land Preparation / Labour
10% - Branding and Marketing
15% - IT Infrastructure
5% - Legal, Finance and Overheads