AgriDex

<h2 id="header-0">AgriDex, a Solana-based project tokenizing agricultural commodities, has launched its highly anticipated native token, $AGRI. The token, priced at $0.065 per token, is now available on major exchanges, including Gate.io, MEXC Global, CUBE, and VALR, marking a significant milestone for the platform.</h2><a href="https://chainwire.org/2024/12/04/rwa-marketplace-agridex-launches-agri-token-to-decentralise-and-transform-the-agricultural-industry/" rel="noopener noreferrer nofollow">According to a press release</a> by the project&#39;s team, $AGRI has a total supply of 1 billion tokens and is central to AgriDex&#39;s ecosystem. It provides governance rights that could be exercised via a decentralized autonomous organization (DAO). In addition to serving as a primary token for trading fee payments, liquidity rewards, and participation incentives, $AGRI would also be used to support environmental and social projects through future staking rewards.AgriDex&#39;s co-founder and CEO, Henry Duckworth, highlighted the token&#39;s importance:<blockquote>&#34;The launch of $AGRI marks a key step in our goal to democratize global agricultural trade, ensuring fair prices, secure transactions, and sustainability-driven rewards for farmers and traders alike.&#34;</blockquote>AgriDex was launched earlier in 2024 to transform the agricultural industry by digitizing trade through blockchain technology. The platform enables users to trade a variety of crops, with each transaction secured and verified by a non-fungible token (NFT). These NFTs capture key transaction details to ensure transparency and build trust in the trading process.In July 2024, AgriDex<a href="https://twitter.com/AgriDexPlatform/status/1816088530101096722" rel="noopener noreferrer nofollow"> successfully settled</a> its first agricultural trade on Solana and has since onboarded numerous producers and suppliers. The platform allows users to trade various crops, providing a secure and transparent marketplace for global agricultural transactions.The project is backed by notable partners such as the Solana Foundation, Circle, and Bridge, alongside collaborators like Imperial Shipping Group, Parrogate, and Solar Energy Projects. In May 2024, it<a href="https://rwa.media/agridex-raises-5m-to-tokenize-agricultural-industry" rel="noopener noreferrer nofollow"> raised $5 million</a> in pre-funding to advance its goals. The round was led by Endeavour Ventures, with support from Sub-Saharan African Crops and Oldenburg Vineyards.If you want to read more news articles like this, visit <a href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community.</a>&#34;Take control of your crypto portfolio with MARKETS PRO, DeFi Planet&#39;s suite of analytics tools.”

$AGRI is Now Live; AgriDex Says Token Launch Advances its Goal to Revolutionize Agriculture Trade

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