AgriNovusCoin (AGRI) is a digital currency aimed at improving the overall health of individuals by establishing a direct connection between organic and natural food supply chains and end consumers. As the first worldwide-based digital currency with this objective, AgriNovusCoin seeks to bridge the gap between producers and consumers, promoting the use and acceptance of organic products. The project aims to create social awareness, distribute free tokens to incentivize initial adoption, and secure listings on multiple altcoin exchanges. By targeting small and medium-sized organic and natural products web-shops, AgriNovusCoin will encourage businesses to accept AGRI as a payment method, driving wider adoption among consumers.
The key motivation behind AgriNovusCoin is to make organic products more accessible globally. While organic and natural food products may seem expensive or unknown to some, the project aims to increase awareness and affordability over time. As the user base grows, the value of AGRI will also increase, driving down the overall cost of organic products for end users. By connecting businesses that accept AgriNovusCoin with a growing number of consumers who use AGRI for their organic purchases, the project aims to generate a positive cycle of awareness, attracting more businesses and individuals to adopt and transact with AgriNovusCoin.
AgriNovusCoin operates on the SCRYPT algorithm and has a maximum coin supply of 500,000,000 coins. It utilizes a pre-mine of 20% and offers users a 60% annual interest rate through proof-of-stake (POS) mechanisms. With a block maturity of 10 blocks and a target timespan of 1 block, AgriNovusCoin ensures efficient and secure transactions. To support its users, the project provides wallets for both the LINUX and WINDOWS operating systems. By focusing on organic and natural food adoption through blockchain technology, AgriNovusCoin aims to contribute to the improvement of global health and well-being.