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Solana-Based Agriculture Project to Organize Airdrop - Koin Newsletter
AgriDex, one of the Solana-based platforms, has received an investment of $5 million and plans to organize an airdrop.
The London-based AgriDex project is working on the tokenization of agricultural commodities. The company announced that it has received pre-seed investment from Endeavour Ventures, African Crops Limited, Oldenburg Vineyards, and Hank Oberoi.
According to the statement made by AgriDex CEO Herry Duckworth, the value of the project has increased to 18 million dollars with this investment.
AgriDex, which enables the tokenization of agricultural commodities, also allows these tokens to be bought and sold. A Qualified Intellectual Deed (NFT) is printed for every transaction made with AgriDex.
According to Duckworth, AgriDex plans to launch its platform in the third quarter of this year and launch its own cryptocurrency.
"AgriDex tokens will be used to reward and incentivize users based on their trading volume and engagement on the platform and within the community," the CEO said.
AgriDex will be hosting an airdrop for its community in the coming months. Duckworth added that they plan to hold a mass token sale at $0.10 per unit.