Gric Coin Review
Our view
The concept of Gric Coin is to create a decentralized open source currency until the end of 2019, which aims to improve agricultural practices and increase agricultural production worldwide, with a focus on Africa.
Our mission
PROJECT FARM AND LOCK
By the end of our ICO in February 2019, we will buy 1,000 acres of agricultural land, where we will create our farm and processing plant to process and package all our agricultural products to meet international standards in the food industry and packaging.
In the second quarter of 2019, our Blockchain website should be ready to use when checking a product and preventing imitation and food fraud.
PROJECT
By the last quarter of 2019, we would modernize our Farmpartner.ng platform, create applications for it and give investors the opportunity to invest in projects with live farms with Gric Coin, force local farmers to do hard work and return investors to their initial investments and the agreed return on investment.
PROJECT TO ACQUIRE A CRYCON COIN
From the first quarter of 2020, we will start a partnership with other companies to adopt Gric Coin and our block chain system. The adoption of our system will lead to the fact that the business will accept the standards set by us in our system and help them in preventing fakes and food fraud.
problem
Lack of funding for agricultural projects
According to a report on the state of agriculture in Africa in 2017, the African food market continues to grow in a sustainable way. According to World Bank estimates, by 2030 it will cost $ 1 trillion, compared with the current $ 30-50 billion. This leads to high growth rates on an annual basis. To achieve the projected growth, corporate and individuals will have to invest huge sums in the agricultural sector. But the required investment or funds are absent.
The lack of standardization in the processing and packaging of agricultural products
According to the World Health Report, as food production in Africa increases, there will be a critical need for standardization of agricultural products on the continent. For example, one of the most common agricultural products in Nigeria is Harry. Almost every adult in Nigeria goes to Harry at least once a week. While about 90% of adults eat it at least once a day. Although this product is very common, but the problem of standardization has led to the fact that people from one region of the country were very disappointed with the purchase of Harry from another region, since there is no single standard for which he is ready and packed. Such problems have a negative impact on almost all foods produced in Africa.
Lack of transparency
Transparency is important for providing an atmosphere of trust and confidence that contributes to the development of business and industry. Transparency provides investors, shareholders and stakeholders with the tools they need to properly report from the business. This accountability helps improve lives, build trust, and increase investment. Since the problems of corruption are at all times high in Africa, people investing in businesses do not have the tools needed for accountability, thereby preventing shareholders and other interested parties from financing even excellent business opportunities
Imitation and counterfeiting of processed and packaged agricultural products (food fraud)
One of the major problems faced by agriculture and the food sector in many African countries is food fraud, including fake food, fake and imitation of processed and packaged agricultural products, etc. This has led to heavy losses death cases. For example, in February of this year, 14-year-old Nahima and Yayama died after eating cookies on a classmate's birthday at their school in Abuja, Nigeria. Several other children in their class were hospitalized, and panic led to the temporary closure of the school. Food fraud not only causes countless deaths, but also to the value of the global food industry over 10 billion dollars annually in accordance with the United States Grocery Manufacturers Association. A study by the Confederation of Tanzanian Industries found that more than 50% of all products imported into Tanzania are counterfeit
Solution: our model
The Gric Coin project is a decentralized open source blockchain project that is being created with a focus on the agricultural sector. The Gric Coin project was developed by professionals and farmers, with more than 35 years of experience in agriculture and agriculture between them, to solve real problems that seriously impede the growth and development of the agricultural and food industry.
Farm Project
This involves the purchase of 1,000 acres of land for mechanized farming and processing industries for agricultural products. The farm project includes our farm, process industry and blockchain website, which will be used to authenticate and validate the product. The same is depicted in stages, as follows:
Coin Recycling Project
This includes upgrading our project www.FarmPartner.ng and creating applications for the site from the foundation created by ICO. In this project, investors will visit our FarmPartner website, choose from a variety of farms in different parts of the African continent — each of the farms comes with a specific cost and return on investment. Investors can choose the farm of their choice and invest in it with our coin Gric. At the end of the agreed period, the initial investment and the agreed return on investment will be returned to investors.
Gric Coin will be the only acceptable means of payment on the FarmPartner website. This will significantly increase our use of the coin and create more demand for scarce resources.
Disposal of services
This is due to the fact that other companies use our Gric Coin service department and blockchain system to create a standard in their agricultural business. We firmly believe that our coin and website will be conducted by other companies over time.
Project utility Gric Coin Utility
The Gric Coin utility project is a great investment opportunity in a lively agricultural business for holders of Gric Coin tokens. As part of the utility project, we bring our finished FarmPartner product to our current project to create profitability for utilities and investments for our token owners. With the air up, we’ll update our FarmPartner website and create a mobile app for it. FarmPartner website is depicted as:
How does it work
FarmPartner gives you the opportunity to invest in viable agricultural projects. Our experienced agricultural professionals with more than 25 years of experience between them sort out viable agricultural land for farm projects, develop a plan for farmer land projects and pass on the plan to our management team to assess profitability.
If we consider the project viable and profitable, we will upload it to FarmPartner.ng so that you can buy part of your value. We help you with the most difficult tasks that do all the hard work necessary for profitable investments. We sort the land, make a plan and give you the opportunity to invest. When you invest, we do actual farming for you. The project of the Gric coin is developed on the following concept:
Earn profits on investments
FarmPartner pays return on investment. The rate of return will always be announced before your investment along with the duration of the investment. At the end of the investment period, FarmPartner will pay your initial investment and return on investment. This is shown below:
How Grik will be useful:
The Gric website and app: The Gric website and app will provide accurate and reliable information to food buyers and sellers, as well as market conditions.
Quality: our users will be able to get real and standardized food products that provide the best quality and value for money
Reliable database: Gric has a decentralized and transparent database on an immutable block chain, where information cannot be fraudulently modified and relied upon for a long time.
Gric Reports and Reports: The information collected by Gric will be used to create transparent and reliable records that will be available to farmers and consumers.
Why Grik is the future leader:
Insightful data: Gric seeks to collect the right food data. This will provide a more complete and accurate picture of farms, agricultural products and food products.
Safe ecosystem: with the help of the Gric ecosystem, consumers and investors will have access to a number of functions, including in-depth food analytics, reliable and informed food purchasing decisions, etc.
Blockchain technology: all food information will be stored on a block chain. Our investors, farmers and users will have access to this information.
Equipment and equipment: Gric will use the most modern technologies, equipment and equipment for agriculture. We will work with several carriers and distribution channels for the most convenient and efficient distribution.
DETAILS TOKEN
Why should I invest in Gric coins?
Gric Coin is an agricultural project with a future. When you invest in the Gric Coin Project, you invest in a 3-in-1 project. Every milestone achieved on our farm and the Blockchain Project can have a positive effect on the Gric Coin, which will increase demand and increase coin prices, thereby increasing value of your holding.
Good return
You can use your Gric coin as a payment in our Utility project and get good returns on your investment.
Future of agriculture
By purchasing Gric Coin, you will invest in the future of agriculture.
Good step
Your purchase of Gric Coin will help you create jobs for hundreds of farmers who will work on our farm.
Continuous return
Each year, Gric Coin owners will receive 20% of the net profit of the Gric Coin Project, which includes the Farm / block chain website, the Farmpartner project and the adoption project.
Join now and invest at https://agric.io/
Source- https://agric.io/
ADDITIONAL INFORMATION :
WEBSITE: https://agric.io/
FACEBOOK: https://m.facebook.com/griccoin/
TWITTER: https://twitter.com/griccoin/
TELEGRAM: https://t.me/griccoin1
Author by: Ayin2206
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