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Agrolot Project is the decentralized platform on the B2B market for trading agricultural crops, food products, and is running as a crowdfunding project built on Blockchain technology with the idea of Smart Contracts. Registered sellers and consumers can conclude gluesome contracts, exchange transactions, share information and track the difference in food prices globally.
The internal cryptocurrency of the platform — OFIR (Operative Food International Registration) backs up the smart contract technology. The coin will be the means of settlement among subscribers. Every product will be placed under a category within the register and evaluated in OFIR.
The OFIR coin will be in connection with the USD 1 OFIR equivalent to 10 US dollars. The OFIR will be sold only internally. It will be exchanged in exchange of points. The coins may purchase for cryptocurrencies or flat money.1 It was our decision not to sell the OFIR coins externally that would avoid manipulation of prices. Other oncoming projects may use the coin.