Hello cryptocurrency is happy for all of you here I will explain a project called (GRIC COIN).
GRIC COIN is a company that will create a decentralized open-source currency before the end of 2019, which focuses on improving agricultural practices and increasing agricultural output globally with a major focus on Africa. With more than 60% of the 1,166 billion people living in rural areas, the African economy is inherently dependent on agriculture. More than 32% of the continent's gross domestic product comes from this sector.
However, agricultural productivity is still far from the developed world standard. More than 90% of agriculture depends on rainfall, without the help of artificial irrigation. The techniques used to cultivate land are far behind what has been adopted in Asia and America, lacking not only irrigation, but also fertilizers, pesticides and access to high yielding seeds. Agriculture in Africa also experiences basic infrastructure problems such as access to markets and financing.
And the Project is setting up a company in Africa, Africa has around 51 million farms that are about 80% smaller than 2 in size that fits the research conducted by Lowder, Skoet & Raney in 2016. Most of these farms are poorly managed because lack of finance, and in many cases do not have the facilities to process their products. As a result, they end up selling their products at very low margins to large farms or industries that process these items and get more profit from them.
African agricultural markets are like virgin markets waiting to be tapped. According to the 2017 Africa Status of Agriculture Report, the African food market continues to grow strongly. World Bank estimates show that it will be worth US $ 1 trillion by 2030, up from US $ 30-50 billion today. This projected growth is so great that every company that enters agriculture with the right strategy will have enormous opportunities for growth, expansion and profit taking.
The African continent has the largest proportion of agricultural land in the world with 1.2 million hectares of land, according to telegraph.co.uk. Every year, Africa imports food worth more than $ 35 billion, and this estimate is expected to increase to $ 110 billion by 2025. Most of the food imported is that which can be processed locally. But this requires the right resources and facilities with equal investment. Businesses are awakened by the opportunities presented by the fast-growing food market in Africa, which is possible.
Worth more than US $ 1tn every year by 2030 because imports are replaced with high-value locally produced food according to the African Agricultural Status Report. According to the report, agriculture will be Africa's peaceful revolution, supported by smart investment in the food system.
Gric aims to create a brand that will become a benchmark in the agricultural industry, eliminate imitation, falsify food and improve food. It brings transparency with the help of blockchain, and makes vehicles for people to invest in real-life agriculture and get their investment returns.
The Gric Coin project will share profits with coin holders on the annual premise. During the fixed period, this project will distribute around 20% of the profits generated in the agricultural / processing industry with all coin holders. That will not be done through a smart contract. The use of Grik coins for investment in our agricultural partner projects will increase the use of coins and help increase the wealth of coin holders.
COIN VISION GRIC
The vision is to create an open source currency that is decentralized before the end of 2019, which focuses on improving agricultural practices and improving agricultural yields around the world with a primary focus on Africa. FARM AND BLOCKCHAIN PROJECTS
COIN MISSION GRIS
Statement At the end of our ICO in February 2019, we will buy 1,000 hectares of farmland where we will build our processing and processing plants to process and package all of our agricultural products to meet international food processing and packaging standards.
ABOUT GRIC TOKENS
GRIC tokens are created on the Ethereum blockchain. Token gric is built on the best crypto platform ERC-20 (Ethereum platform). That means fast transactions, very low costs, and the possibility of unlimited growth. Ethereum is an open-source project that enables the creation of smart contracts and provides users with a safe and fast transaction system.
GRIC will implement a comprehensive plan for marketing. The project plans various digital marketing approaches such as banner ads, press releases, signature campaigns and social media.
The coin grid will list project ICOs in the leading cryptocurrency currency exchanges. GRIC has a pragmatic financial plan as part of the overall strategy. In its operations, GRIC will focus on bottom-line from the beginning to achieve profitable growth and sustainability. The bulk of the funds collected will be invested to buy 1,000 hectares of land for agriculture.