Nagricoin

Nagricoin

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Last Update

Jul 31, 2018

The key advantage of NagriCoin is that these tokens are the only forms of cryptocurrency to be tied to a real sector – agriculture and land – which we believe will give more stability and lasting value when compared to other cryptocurrencies. The basic asset of this token is the Nagri product itself, which has been in development for more than 7 years. Nagri is the newest organic composite formulation of microelements and antioxidants that stimulate plant growth, which can find the broadest application in the agricultural and plant cultivation sectors around the world, increasing yields and improving the quality of almost all the crops it deals with.
ITO
May 28, 2018
Sep 1, 2018
100% completed
$1 050 000
164
goal
cap
4% goal completed
Goal 22 000 000.00 USD
Cap 500 000.00 USD
past
  • 1 NGR
    =
    0.1 USD
pre-ITO
Apr 2, 2018
May 24, 2018
100% completed
$40 000
164
goal
cap
8% cap completed
Goal 2 000 000.00 USD
Cap 500 000.00 USD
past
  • 1 NGR
    =
    0.05 USD
Token Details
Ticker
NGR
Accepted Currencies
ETH
Company Details
Registered Country
Ireland
Additional Details
Platform
Ethereum
Categories
Cryptocurrency, Health

About Nagricoin

According to preliminary estimates, the estimated sales volume of Nagri by the end of the first stage should reach, in the most likely scenario, approximately 10 million litres in Brazil and 5 million litres in the EU. Thus, Nagri sales volume at the expected average selling price of 15 USD per litre will amount to approximately 200 million USD. In case of faster expansion of Nagri in target markets during the first stage, it is also possible to include promotion among other target markets, namely the markets of Ukraine, Mexico, the Russian Federation, China, etc. Certain preparatory activities are already being performed in a number of these countries, namely, Nagri certification, search for interested partners, etc.

To ensure the required production volume during the first project stage, two filling lines in Brazil and
two lines in the EU as well as the equipment for production of antioxidant components are going to be purchased and installed. The total amount of investment in the acquisition and installation of equipment, as well as personnel training at the first stage, is approximately 6 million USD.

The operating costs for the purchase of raw materials, payment to workers, engineers and management personnel, as well as commission payments to partners and marketing costs will account for approximately 60% of sales. In 2018, Nagri will be offered to all potential customers for a free field test.

Project financing requires an investment of 17 million USD in early 2018 and an additional 8 million USD at the beginning of 2019.

By the end of 2019, net operating cash flow is expected to be 15 million USD and the project will move into the self-financing phase.

The consolidated net cash flow by the end of 2022 should be approximately 140 million USD, which will enable both the financing of expansion of the project in Brazil and the EU, as well as to access other geographical markets.

To finance the project, NagriTech plans to place a public offering of tokens (ITO) for a sum of 20 million USD at a nominal price of 3 USD per token. Investors will be offered a flexible pricing system that allows the purchase of tokens at a discount. To finance token registration costs at the exchange and ITO marketing campaign costs, a pre-ITO will be organized, which is expected to raise between 500,000 and 2 million USD.

Features

NagriCoin is a project of an international biotechnology company NagriTech. The basic asset of this token is the Nagri product itself, which has been in development for more than 7 years. Nagri is the newest organic composite formulation of microelements and antioxidants that stimulate plant growth, which can find the broadest application in the agricultural and plant cultivation sectors around the world, increasing yields and improving the quality of almost all the crops it deals with. NagriTech team consists of reliable and professional members from all over the world.

Nagricoin Roadmap

  • 2010-2016

  • CONCEPT DEVELOPMENT.
    Initiation of Nagri scientific development by Vitaliy Smirnov, Professor of Biology (Moscow, Russia). Private investments. Field testing in different countries and different climatic zones. Product improvement, market research and business strategy development.
  • 2016-2017

  • ATTRACTION OF LEGAL SERVICES.
    Obtaining certificates and permits from government agencies to be able to sell Nagri to farming companies in Brazil, Italy.
  • 2018 Q1~2

  • ITO STAGE.
    Crowdsale.
  • 2018 Q3-4

  • FIELD TESTING.
    Establishment of production in Brazil and Europe. Distribution of trial batches of Nagri to potential customers for field testing.
  • Read More
  • 2019

  • RELEASE ON TO MARKETS.
    Start of active sales in Brazil and Europe. Expansion into other key markets.
  • 2020

  • PROJECT REACHES OPERATIONAL SELF-SUFFICIENCY.

Nagricoin Team

Verified 77%

Attention. There is a risk that unverified members are not actually members of the team

Evgeniy Kozarenko
CEO
verified
Andrey Samolyotov
Сo-founder
verified
Tygran Arakelian
Financial planning and strategy
verified
Cletion Alves
Director of product management
unverified
Stefano Marzocchi
EU partner
verified

2 ICO

$1 090 000

Vitaliy Smirnov
Head of research and development department of the...
verified
Cynthia Nara Oliveir...
Сhief administrator
unverified

2 ICO

$1 090 000

Valentina Smirnova
Research and development
unverified
Kateryna Bolshakova
Communications Manager
verified

2 ICO

$1 090 000

Liliia Shevtsova
ITO Communication Manager
verified
Oleksandr Parkhomenk...
Client Support Manager
verified

2 ICO

$1 214 375

Jared Johnson
CMO
verified
Sergii Khoroshko
Technical Support
verified

Advisors

Verified 89%

Attention. There is a risk that unverified members are not actually members of the team

Daniel Neves
Advisor
verified

3 ICO

$52 740 000

Alan Wong
Advisor
verified
Shung-Toon Woon
Advisor
verified
Akalarp Yimwilai
Advisor
verified

6 ICO

$3 875 000

Michael Creadon
Advisor
verified
Konstantin Kupriyano...
Advisor
verified
Brett Weithorn
Advisor
verified
Benito Da Gama Santo...
Advisor
unverified
Basil Gorin
Advisor
verified

Former members

5 ICO

$18 137 208

Shebin John
Advisor

Nagricoin Interviews

Daniel Neves
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Sales and marketing for Nagricoin. I am a strong believer in a sustainable and all organic food supply, NGR makes this possible on a large scale.
Alan Wong
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Nagricoin represents a bold but essential focus on food science. This IS one of the most overlooked undisrupted industry and Nagricoin is ahead of the curve. With more than 7 years in research and an ambition to make better agriculture. I am very pleased to be part of the adviser team and also AP partner.
Shung-Toon Woon
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
NagriCoin is a rare find - a well established research ITO project backed by a real business and product that can make a difference in the food science space. In a market full of ICO / ITO projects, this project stands tall with a committed management team and great product. I strongly believe this project is in the forefront of the agriculture industry and can improve lives. I'm thrilled to be part of the advisor team.
Akalarp Yimwilai
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My role is to advise NagriCoin regarding the expansion and integration into Southeast Asia, and to further strengthen their position in the region.
Michael Creadon
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am helping with strategy, marketing and capital introductions. I love the enthusiasm of everyone on this project.
Evgeniy Kozarenko
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am proud to manage NagriTech, what stands at the frontier to an exciting new era – large-scale, crowd-funded, organic agriculture, by the people, for the people. With funding being raised from the very people that stand to benefit most from the company’s success, in NAgriTech we hope to bridge the gap between a real sector economy and the digital world of investors.
Andrey Samolyotov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Buisnes development. Marketing and PR activity. Corporation relationship.
Konstantin Kupriyanov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Advising on marketing and growth strategies
Tygran Arakelian
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
By investing into Nagri, you can make your own contribution into the development of organic food industry. Demand for organic food is only increasing, and it is at its highest during the last decade. You can support this trend and make an investment into ICO with a ready-made product.
Stefano Marzocchi
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Promoter and Managing Partner of the Advanced Genetics Project in Europe , Africa, Middle East and Russia; took part in such projects as Power Plant 300 MW, WorldGrow International Project in Europe, Africa and Middle East, SubSea Oil and Gas Wellhead, and many more.
Vitaliy Smirnov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I started working on Nagri-HL 7 years ago. Then I couldn't even imagine that we would use technologies like blockchain to implement it. I hope that after ITO my dreams will come truth and Nagri-HL would become a popular fertilizer brand.

If you care about what you eat, you can join ITO of Nagricoin, a project which deals with production of organic fertilizers. This is about “daily bread” on which our health depends. Your investment matters, believe me! Nagri is worth to be spoken of, because this is about the future of humanity and the Earth.
Kateryna Bolshakova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
With NagriCoin you are not investing into the idea in the opening stage, but into a ready-made product which will make your field flourish and fructify. Organic fertilizers from NagriCoin were created so that to popularize organic food and healthy lifestyle. Today people strive for quality and not quantity, that’s why our product can find the widest application in the field of agriculture and plant growing around the world. Test results showed that Nagri increases the yield of different crops from 10% to 30%, depending on the geographical area of growth and weather conditions. At the same time, the increase in yield was observed with the addition of Nagri to all the known combinations of fertilizers and plant protection products. Financial support is something we need in order to promote organic fertilizers and build a healthy society.
Liliia Shevtsova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
NagriCoin is an ITO with real business and product. I believe it can improve our lives. I'm proud to be part of this project.
Oleksandr Parkhomenko
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
The idea of the agricultural token attracted me from the very beginning. I help people to manage their issues with buying tokens, manage bounty campaign and find the partnership opportunities for ITO
Brett Weithorn
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I currently act as the Managing Member of Weithorn Trading International, LLC. My company works with growers of fresh fruits and vegetables as well as beans, grains and other dry goods around the world. It is our opinion that this agricultural product has the potential to revolutionize the industry.
Jared Johnson
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My focus is PR, Marketing, Refulatory Compliance monitoring, and business development.

The NagriTech company has a clear vision to profitability and a product that truly provides a better tomorrow for our world.
Sergii Khoroshko
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
A timely product for the constantly mown climate.
Basil Gorin
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm responsible for the technical side: Smart Contracts and Security

Nagricoin Last News

N/A
5.0 18
ICO Profile Vision Activity Potential Product Team

Nagricoin Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

NAGRICOIN is an agricultural biotechnology platform producing Nagri and giving the investors an opportunity to invest in NGRX tokens enabling them to easily acquire smart fertilizers to increase production in different states.

PROS:

  • The platform use enables the users to increases the yields on the associated agricultural products by 20% from 10% to 30% hence creating a sustainable economy
  • The product use reduces the operational costs as it can be easily transported and stored in a highly concentrated form which is then diluted before its use leading to greater economic benefits
  • The platform  product use has no health hazards as it is 100% non-toxic  making its use  safer for humans and animals with no environmental pollution
  • The products help in improving the  drought resistance of the involved products hence improving the crop production in various states under minimal conditions
  • The platform has a good team with  credible skills and experience related to the project demands as the CEO  Evgeniy Kozarenko has  many years of experience in agriculture promoting the project implementation easily
  • The platform has an elaborate white paper with adequate details on how the project use has been tested in different countries hence creating adequate trust in the users

CONS:

  • The platform whitepaper is missing a roadmap to give the adequate guidelines on the implementation stages involved in the project
  • The use of NGRX  tokens is  not readily exchangeable with fiat currencies which limits the project use in remote areas with food insecurity menace
  • The product use is geared toward a limited number of crops omitting the commonly used crops  in different societies

SUGGESTIONS:

  • The product use should be targeted towards  increasing  the commonly used and staple crops in different countries
  • The platform white paper should be updated with more details on the disclaimers and roadmap included
  • The platform’s NGRX tokens should be made compatible with the commonly used cryptocurrencies and fiat to promote an extensive adoption of the project in remote areas

NOTE:

The platform helps in improving agricultural production through the provision of smart fertilizers with attractive features leading to the increased yields in different environmental conditions making the project vital. I would put my investment on it.

Read More
Jeremy Khoo
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder |

This is a security token offering, and the team has thought through the processes to ensure it is done with strong compliance - this is the key. 

STOs will be the way to go in the long run, and this project has a an actual commercial viability.

Read More
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