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LocalAgro Ico Review

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Local Agro is an international agricultural business platform designed for local food market participants and equipped with a wide range of communication and search tools that provide a full range of services for business relations.
The platform is based on blockchain technologies and designed to simplify business processes and cut out the middlemen between the food producer and consumer.

A platform developed by professionals for professionals. Our team thoroughly thought out all the business processes in financing, logistics, storage, insurance, quality control, and quantity of products. Many of these processes will work on blockchain technology for the effectiveness and speed of the advancement of the platform. Having tested all the similar sites, we concluded that they provide services only of a local nature, hence are not designed for real trading and obtaining results, but are primarily informational. We offer a comprehensive solution in the field of local food trade and provide necessary services for industry participants. AIRDROP During the Airdrop, we plan to allocate part of the coins in the total volume of 3,000,000 LAC for the AIRDROP campaign in order to attract the maximum number of potential investors and partners. The terms of the AIRDROP campaign published on the ICO website. Mission Our mission is to build direct relationships between agro-producers and consumers, using the latest technology. The LocalAgro platform based on blockchain technologies designed to transform the oldest businesses into smart and digital business models. LocalAgro – a smart solution for food markets! Do you want to be a part of it?

Essential Information

Ico Time
2020-04-01 – 2020-12-31
Token Name LocalAgro
Token Symbol LAC COIN
Whitepaper View Whitepaper
Website Link https://localagro.io
0.1 USD
Soft Cap 1,000,000 USD
Hard Cap
5,300,000 USD
Whitelist/KYC KYC
Restricted Country
Afghanistan, Crimea, Iran, Iraq, North Korea, Lebanon, Libya, Sudan, Somalia, Syria, USA, Yemen

More About LocalAgro.io :

Well known that the agriculture producer receives less than 20% of the price paid by the customer. The LocalAgro platform reduces this difference. It designed to help the producer regardless of his location, production volume, political or economic situation as well as the level of development of the banking system in his country. According to our research, the use of our platform will allow the producer to receive up to 80% of revenue from the price paid by consumers.
In addition to directly connecting producers and consumers of agricultural products companies, state-owned enterprises and private individuals offering certain services in the agricultural industry such as leasing, insurance, logistics, banking, escrow, real estate sales, custom duty and fees consulting will be fully-fledged participants in the LocalAgro community.
The financial basis of relations between producer and consumer will be our decentralized cryptographic currency LAC, which will reduce transaction time, lower payment cost, plus secure and enforce fair transaction by using our smart contract and LAC coins.
An important part of our platform will be assisting in implementing programs for delivering agricultural products to regions whose population urgently needs food due to environmental crises.
The LocalAgro platform will help international charity programs lead by charitable fund and philanthropists to supply food to less developed countries. Using the LocalAgro platform will help to get the entire supply chain from food producers to those regions
under control.
Within the framework of the problems with overproduction and losses of food products due to globalization of the market and pressure from the largest manufacturing companies the LocalAgro platform will help market participants significantly expand and diversify their suppliers and thereby significantly reduce losses caused by lack of customers and spoilage of food products after their expiry.
The main feature of the platform will be complete transparency and openness of transactions and payments to their participants at all stages as well as the complete absence of intermediaries and the possibility of influence from global corporations on their conditions.
The LocalAgro platform will become a global international community of food producers and consumers where the principles of business relationships, established rules for conducting transactions, and availability of decentralized payments will create a modern mobile business platform driven by new technology.
A smartphone, tablet, or laptop will turn into a mobile office with a complete toolkit for conducting transactions, finding partners on the local market, in other countries or continents, preparing a contract, providing logistics, insurance, making payments, and controlling deliveries.
The platform will allow you to quickly and accurately make transactions and provide other community members with information about the trustworthiness of participants due to a rating system.
We also expect that domestic cryptographic currency can become a convenient and profitable investment tool due to its potential high investment attractiveness. Constantly growing volumes of the food market and successful experience in the development of the agricultural industry allow us to conclude that it is highly
liquid and in demand.

Agricultural Market Overview

Food drives the world. Agriculture is an industry with a total volume of over 8.7 trillion dollars, and it is growing. If current population growth trends continue, by 2050, the demand for calories will increase by 70 percent, and the demand for crops for human consumption and animal feed will increase by at least 100 percent.
According to leading expert agencies, the agro-industrial complex accounts for more than a quarter of the world’s GDP and its volume is constantly growing. According to the cost of produced food and the volume of investments, the agro-industrial market ranks first among the macroeconomic complexes of most developed countries. In the next 10 years, the agricultural trade in the world expected to continue to grow steadily. As a result, the impact of the trade on the level and nature of food security will increase in all regions of the World.
Over the past 20 years, the global market for agricultural commodities has tripled: from $570 billion in 2000 to $1.6 trillion in 2016 (according to the UN). The average annual growth rate was about 6%.
The peculiarity of the agricultural market is that its growth is less dependent on investor behavior and more on the needs of the growing population. The largest world importers of agricultural products according to 2016 data are the European Union (39%), the USA (10%), and China (8%), which in 2000 occupied the 6th place at 2.3%. In terms of exports the European Union also tops the list (41%) followed by the United States (11%), Brazil, and China. Russia occupies the 16th place in the world (1.1%). The developing countries make the highest contribution to global market growth thanks to the rapid growth of per capita income, which leads to higher demand for food. Thus revenues more than doubled in India and quadrupled in China from 2000 to
Despite the rapid growth of the market, the trade in agricultural products is associated with a number of serious problems that exacerbated by the current climate change.


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