NagriCoin Project Update: Biotech Token Struck Deal With Pecun.io

#Airdropped
You are reading about: "NagriCoin Project Update: Biotech Token Struck Deal With Pecun.io"

By JMT

Published June 30, 2018

While it is too soon to talk about exchange listings and price discovery, this recently airdropped crypto project surely has some awesome news: NagriCoin got a deal with Pecunio and will be listed in their VC fund.

What that means for NagriCoin is getting 1 MM USD of liquid assets for their project from Pecunio. The partnership is aiming at increasing the awareness about NagriCoin also among other people than cryptocurrency investors.

NagriCoin was first heard of thanks to its token airdrop for Telegram join starting March and ending May 2018. The NagriCoin initial token sale (ITO) ended on September 1st 2018.

About NagriCoin

Nargricoin / $NGR is a token of a blockchain project created on behalf of NagriTech, an Irish agritech company producing organic fertilizers. NagriTech is not building a fancy decentralized application, they decided to utilize blockchain only as a way to organize an IPO alternative. Investors therefore have a blockchain asset that is tied to a real-world business which is a rare strategy at this stage of blockchain technology business. Pecunio’s CEO Reinhard Berger mentioned this fact as one of the key reasons for closing the deal with NagriTech.

The token is backed by the revenue of NagriTech.

The company developed a plant nutrient formula that stimulates the plant growth and at the same time lowers the levels of harmful elements in soil. The target market for NagriTech’s proprietary plant nutrient are agricultural countries in Afrika and other emerging markets. The research and thorough testing went on for 7 years and costed 5 MM USD. At this point, NagriTech is a startup that is not yet profitable.

The company is going the blockchain way to facilitate a better relationship with investors.

Instead of an IPO, they went for a token offering so as to minimize the barrier of entry, cut down the admin costs of the IPO and establish a closer relationship with their investors.

It is also a very clever strategy to stand out and keep ahead, considering most token sales are in a fully digital realm.

Filed under: Intelligence

Blockchain industry brand names mentioned in this article:

NAGRICOIN *NAGRITECH


The Day in Crypto

#CryptoMastery

Data is beautiful

Top 8 Women in Blockchain Technology [Infographic]

When it comes to women in crypto, the pre-2016 OG heads will probably come up with names like Alena Vranova and Blythe Masters. Alena Vranova is the former CEO of Satoshi Labs, the company that...

Published November 14, 2018 by Guest
Editor's note: Two OG crypto women that you don't hear much of anymore plus a crypto infographic about 8 women who work in blockchain tech.
Tagged as Infographics

Blockchain Consortium in Trade Finance: 6 Notable Networks [Infographic]

The success of trade finance blockchain implementations depends on how widely they are adopted. That's why we have seen businesses form consortia based on similar interests.

Published October 21, 2018 by Guest

Tagged as Infographics

Comparing Forex Market with Cryptocurrency Markets [Infographic]

One of the few metrics that cryptocurrency markets have in common with the forex markets in 2018 is the high percentage of total trades being located on few most popular markets.

Published June 10, 2018 by Guest
Editor's note: Still a long way to go for crypto markets.
Tagged as Infographics

Brand development in forex and crypto: Most expensive domain names [Infographic]

Crypto infographics - Most expensive domain names in forex and crypto. Targeted brand development in forex and crypto with domain names.

Published October 12, 2018 by LK / forexnewsnow
Editor's note: Infographic - Crypto and forex brokers opt for a really crisp domain name.
Tagged as Infographics

Blockchain Technology 101: Blockchains, Blocks and the Role of Price [Infographic]

Blockchain technology 101: What is blockchain, what types of blockchains exist and what role does the cryptocurrency price play.

Published July 31, 2018 by Guest
Editor's note: What is blockchain, what types of blockchains exist and what role plays the price of cryptocurrencies.
Tagged as Infographics

Real-world companies that accept crypto payments [Infographic]

Infographic - Graphic map of businesses that let customers pay in bitcoin.

Published May 31, 2018 by Guest
Editor's note: Graphic map of businesses that let customers pay in bitcoin.
Tagged as Infographics

Infographic: Blockchain Hacks & Crypto Trading Platform heists 2018 vs 2017

Blockchain infographic comparing the biggest crypto heists of 2018 and 2017. In 2017 the focus lied more on ICOs, smart contracts and wallet.

Published July 10, 2018 by JMT
Editor's note: In 2017 the focus lied more on ICOs, smart contracts and wallet.
Tagged as Infographics

15 crypto kings that are making history with their engagement in the field of cryptocurrencies

Coining The Bucks With Cryptocurrencies Have you ever wondered how much masters of the cryptocurrencies are worth? Like the guy who founded Ethereum, or the one who started Ripple, for example. The answer, in short,...

Published May 30, 2018 by Guest
Editor's note: Infographic: 15 ultra-rich blockchain entrepreneurs and how they get into crypto
Tagged as Infographics

The Good And The Bad Of ICOs

Infographic: The good and bad of ICOs - Which token sales raised the most money in 2018?

Published May 30, 2018 by Hristina
Editor's note: Despite the DAO failure, ICOs grew into an established form of startup funding.
Tagged as Infographics

How Blockchain Disrupts Business [Infographic]

Published May 31, 2018 by Guest

Tagged as Infographics

How to spot cryptocurrency scams

Published May 30, 2018 by Guest
Editor's note: Infographic by the NOAHcoin team
Tagged as Infographics

All Infographics

Industry News Releases


Comments

comments powered by Disqus
About the Author
By JMT

BIO: JMT under the Twitter handle @tradingfanbois has been deep in bitcoin markets since late 2014. It is the person who takes care of the office of AltcoinTrading.NET. Also answering your Quora questions regarding Bitcoin, cryptocurrencies and technical analysis. ·

Also by JMT

Powered by Contentful

AltcoinTrading.NET