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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Agrocoin by LUIS RIVERO R

Revainrating 2 out of 5

Exchange platform for agro-industrial services.

It is a utility token designed to be used for P2p payments between individuals and different agro-industrial providers, this platform will be made up of companies that will be able to market their agri-food products regardless of their location, reducing problems that currently exist and this will allow anyone to make investments in This important industry that for some countries presents problems since they do not have access to traditional payment markets.
All the transactions will be reflected in their respective smart contract in the Etherium network, it is in development of the application that will allow you to manage your assets and contracts within it, you will have the opportunity to buy and sell agricultural products receiving rewards.



Pros
  • This asset has a great amount of success, this could be possible because there are currently problems for producers to access credit lines to finance their products.This asset has a great amount of success, this could be possible because there are currently problems for producers to access credit lines to finance their products.
  • The token has utility inside and outside the payment platform, agricultural goods and services.
Cons
  • It is only listed in an exchange, which handles a whole volume this according to data collected by CMC.
  • It can be difficult for the end user to understand, since it will be integrated in the blockchain.
  • Other cryptocurrencies can be used to make the payment of goods related to this market.
  • Project and applications are still under development.