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Agro-Matic (AMT) is a decentralized platform designed to assist farmers and accelerate the adoption of cryptocurrencies in Africa. As the ecosystem’s native utility token, AMT is used for staking, yield farming, paying fees for renting farms and equipment, and exchanging the Agro-commerce site. The platform provides various tools, including access to farming land, farm equipment, blockchain integration, a Dapp for AMT staking, and the Agro-Commerce site.
Agro-Matic was listed on the Quickswap Exchange on December 15, 2020, with 2 billion AMT tokens created at Genesis. A 15% tax is applied to every transaction within the token’s smart contract, with allocations as follows: 4% to the marketing wallet, 2% to the liquidity wallet, 3% converted to Matic and distributed to wallets holding over 1,000 AMT tokens, 2% to the development wallet, and 2% to the charity wallet supporting poor farmers and orphanages.
The team behind Agro-Matic is currently anonymous due to country-specific limitations but continues to perform KYC processes with partners and influencers. Team identities will be disclosed as outlined in the roadmap, which can be found in their pitch deck at https://agromatic.io/pitch-deck.pdf. Their website will also share updates at https://agromatic.io.
AMT is available for trading on Quickswap, where it has organic volume and the most trading pairs. You can purchase AMT via the following link: https://quickswap.exchange/#/swap?outputCurrency=0xedBe70ef62b74730215728eD6B3F1f8705E3c58B.
Agro-Matic stands out by integrating blockchain technology into agriculture for African communities, offering training, supplies, and farm equipment to farmers. Additionally, it seeks to accelerate cryptocurrency adoption in Africa, aiming to create a larger market for crypto while benefiting investors. Since its launch, the project has grown steadily, with 220 engaged users as of December 28, 2021. It also plans to establish strategic partnerships with government agencies to support farmers, generate jobs, and improve financial security within the agricultural sector.
For more information, explore their pitch deck at https://agromatic.io/pitch-deck.pdf.
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