Agrichainx Innovative Crypto Currency For Global Agricultural node.agrichainx.com

Agrichainx Innovative Crypto Currency For Global Agricultural node.agrichainx.com

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Agrichainx is a Blockchain agriculture platform connecting farmers to market, finance, tools and resources. Agrichainx is built on blockchain to make agricultural operations seamless.

    WHAT IS A BLOCKCHAIN?

    Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.

    WHAT IS A CRYPTOCURRENCY?

    A cryptocurrency is a digital or virtual asset that is designed and secure by cryptography to work as a medium of exchange. Cryptocurrency is built on blockchain


    WHAT IS AGRICLEDGER?

    Agricledger is a blockchain powered application, revolutionising the agricultural supply chain, trading, financing, data and creating trust, traceability and transparency for all on Agrichainx ecosystem.


    WHAT IS AGRICOIN?

    Agricoin is like bitcoin. Agricoin is the currency for agrichainx ecosystem. You can use it for transactions, investing, buying and selling of agriculture produce on Agrichainx platform.


    WHAT IS A MASTERNODE?

    A node can simply be understood as a computer that plays a part in ensuring the integrity of a network. And, A Masternode is therefore a crypto full node (i.e. a wallet) that supports a network by hosting an entire copy of a coin's blockchain.


    WHAT THEN ARE MASTERNODES ON AGRICHAINX?


    Masternodes (MN) on the Agrichainx are called Agricnode. Agricnode is a decentralized wallet or account containing a locked amount of Agricoin to verify transactions and enables private transactions with coin shuffling, decentralized governance, and the proprietary proof of service protocol, which allows for lightning fast transactions such as instant Agricoin transfer using a method called simplified payment verification (SPV) on Agricledger infrastructures.


    WHAT ARE THE REQUIREMENTS FOR RUNNING AGRICNODE?


    In order to activate and own a node, you need a minimum of $4  that will enable you to stake a minimum of 5 AGN tokens. The node begins earning rewards immediately after subscription and activation. You can also subscribed to other higher packages


    WHERE DO REWARDS COME FROM?

    The value and rewards comes from the Agrichainx ecosystem 13 operational models. Also the ecosystem has set aside 75 million AGN tokens as rewards for maintaining the network. 

    AGRICNODE

    1.It's one of the 13 operational models


    2.It was launched on the 14-08-2020


    3.There are 15 millions of  Nodes to be distributed


    4.75 Millions of AGRICOINS locked


    AGRICNODES ALREADY DISTRIBUTED


    AGN Locked Circulating      

    116,685


    Agrichainx is Africa’s first global blockchain Agriculture platform connecting farmers to markets, finance, tools and resources.


    Agricnode is an operational model of Agrichainx ecosystem and the first global Agriculture DAO build on Agricledger to connect millions of Agricoin nodes in order to speed up transaction across agricultural value chain to enable financial freedom for the over 570 million farmers across the world.


    Agrichainx has deployed its native currency, agricoin to facilitate transactions on the Agrichainx ecosystem. Agricoin uses a Proof of Service mechanism which contains two tiers of networks. The first one consists of the network of miners to achieve distributed consensus on the ethereum blockchain.


    The second tier is made up of Agricnodes which run on Agricledger to provide special functionality such as transaction verification and validation, InstaSend or voting on budget funding to help secure the platform for all the stakeholders and create a lifetime passive income for them.


    Agricnode operators and stakeholders earn passive income of $5 daily for participating in the network. With the rise of distributed ledger, Agrichainx is powering Agriculture with blockchain (AgricLedger), AI, IoT and big data to make Agricultural operations seamless and efficient.

    WHY BLOCKCHAIN AGRICULTURE WITH 15M AGRICNODES?

    Over the last century, the global population has quadrupled. In 1915, there were 1.8 billion people in the world. Today, according to the most recent estimate by the UN, there are 7.8 billion people with projection to reach 9.7 billion by 2050. These growths, along with rising incomes in developing countries are driving up global food demand. Food demand is expected to increase anywhere between 59% to 98% by 2050.


    This will shape agricultural markets in ways we have not seen before. Farmers worldwide will need to increase crop production. And so there will be need for more liquid finance for agricultural operations, decentralizes farming and agricultural commodity trading, all these will generate high volume of data and financial transactions that will need faster speed of processing and verification. Blockchain is touted as a technology that will revolutionize the finance and other sectors for data security and transaction verifications, but slow transaction speeds and a lack of standardization threaten to restrict growth.


    Agrichainx has created ingenious and rich ecosystem powered by emerging technologies to make all these operations seamless and efficient and agricnode is to enable high speeds and scaling at the same time trustless. And will in turn incentivizes the network of participants, the stakeholders, node operators and create a lifetime passive income for them.

    BENEFITS TO THE GLOBAL ECONOMY

    1. Enable a treasury system in the cryptocurrency powered by Agriculture

    2. An additional boost of Agricoin in reserve to cryptocurrency market making the currency more valuable as it incentivizes the node operators.

    3. Cashless economy on the go.

    4. Lifetime financial freedom and confidence.

    5. It reduces over dependence on government jobs

    6. Ending poverty with Agriculture powered by blockchain

    7. Access to daily and monthly passive income for life


    So remember to register your family, friends, children, kids and your immediate and extended neighbor and let's collectively work together to fight poverty once and for all.


                                         
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