AgriDex Launches $AGRI Token and Secures Listing on South Africa’s VALR Exchange

Solana-based agricultural RWA marketplace, AgriDex, has officially launched its $AGRI token, marking a significant step forward in its mission to revolutionize global agricultural trade through blockchain technology. The token is now live on multiple exchanges, including Gate.io, MEXC Global, CUBE, and South Africa’s VALR Crypto Exchange, further expanding its accessibility to traders and investors worldwide.

About the $AGRI Token

The $AGRI token, priced at $0.065 with a total supply of 1 billion tokens, plays a central role in the AgriDex ecosystem. Its utility spans across several key functions, including:

• Governance: Token holders can participate in platform decision-making through a Decentralized Autonomous Organization (DAO).
• Fee Payments: $AGRI facilitates trading fee payments on the AgriDex marketplace.
• Liquidity Rewards: Users contributing liquidity to the platform are incentivized with $AGRI.
• Participation Incentives: Additional rewards are offered to foster active engagement within the ecosystem.
• Sustainability Initiatives: Future staking rewards will support environmental and social projects, reflecting AgriDex’s commitment to sustainable trade.

A Bold Step for Global Agriculture

AgriDex is on a mission to democratize and decentralize agricultural trade by leveraging blockchain technology to streamline transactions and ensure fairness in pricing. The company’s innovative platform connects farmers, traders, and buyers, offering transparency, security, and efficiency in agricultural transactions.

“Today marks a significant milestone in our mission to democratize and decentralize global agricultural trade,” said Henry Duckworth, Co-Founder and CEO of AgriDex.

“$AGRI ensures that farmers and traders worldwide benefit from fair prices, secure transactions, and sustainability-driven rewards. It also drives the efficiency and inclusivity of our platform.”

A Proven Success in RWA Transactions

In July 2024, AgriDex successfully completed its first on-chain private transaction. This milestone involved the shipment of over 200 bottles of extra virgin olive oil and multiple cases of wine from South African farms and vineyards to London. The transaction highlighted the platform’s ability to reduce costs and transaction times drastically.

Adrian Vanderspuy, Owner and CEO of Oldenburg Vineyards, commented:
“We settled the first-ever trade on a public blockchain, and it is now on its way from South Africa to London. The funds came into our AgriDex account in seconds rather than days, and the fee was £5. This will help us reduce transaction and remittance costs, as well as the time it takes to receive payments.”

Strategic Partnerships and Backing

AgriDex’s growing ecosystem is supported by a robust network of partners, including:

• The Solana Foundation
• Circle
• Bridge
• Jupiter
• Bastion

It also collaborates with industry players such as:

• Oldenburg Vineyards
• Demeter Ghana LTD
• Dadtco
• Solar Energy Projects

These partnerships enhance AgriDex’s ability to address critical inefficiencies in agricultural trade and deliver high-impact solutions.

Market Focus and Expansion

Currently, AgriDex focuses on trading high-impact goods like:

• Cocoa in West Africa, especially Ghana and Nigeria.
• Grains in Ukraine and South Africa.
• Global sugar through partnerships that assist in scaling operations.

Award-Winning Innovation

In November 2024, AgriDex won the Stand With Crypto Best Use-Case Competition, earning recognition for its ability to provide greater visibility into product sourcing. The platform achieves this by recording and validating essential data on product origin, ensuring traceability and authenticity.

A Promising Future

AgriDex anticipates generating $133 million in profit by 2028, as it disrupts traditional agricultural trade systems. The $AGRI token is set to play a pivotal role in this transformation, fostering a sustainable and inclusive global food supply chain.

With its innovative approach, strategic partnerships, and proven success in real-world asset transactions, AgriDex is poised to reshape the global agricultural landscape.

For more updates on AgriDex and the latest in blockchain-powered trade, stay tuned to TawkCrypto.