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Topic: AGRI || BlockGrain.io || How high can they go if they capture the market ? (Read 165 times)

newbie
Activity: 5
Merit: 0
The commodity fund is all about hedging the contracts. It can take some time between the contract of sale being signed and delivered.

In that time the AGRI can fluctuate because it's on the open market. So the commodity fund is used to hedge the contracts, either add AGRI's or take them away. So there's no money in it for them.

Blockgrain looks like a real project, with a great team.
newbie
Activity: 28
Merit: 0
Did you take a look at their commodity fund though ?
Thoughts ?
newbie
Activity: 14
Merit: 0
Ofcourse not.
I used to do that when i was getting started with crypto. Burned my fingers man.

All about research now. Skilled teams, awesome ideas.
newbie
Activity: 28
Merit: 0
I hope you're not investing blindly though ?
newbie
Activity: 14
Merit: 0
I know !
Nugget'sNews is what actually got me looking seriously into the project.

There are just so many projects coming out every week, its hard to find good ones. But when you see a trusted person like Nugget endorse a project and join the advisory team, that just gave me so much confident. I could blindly invest after finding that out.
newbie
Activity: 28
Merit: 0
No, but you can join their telegram group and get details. Pretty active and supportive folks on there.

I heard that  Nugget from Nugget's News is also in the telegram group  Shocked  Shocked
newbie
Activity: 14
Merit: 0
They claim on their site that they have an existing product already, do you know where we can see what that is like ?
newbie
Activity: 28
Merit: 0
Nah, its not too ambitious. If you look at the whitepaper, they've elaborately explained the problems being faced by the farmers.

Farmers spend so much time managing storage of grains, setting up contracts, getting insurance (which is priced unfairly), talking to logistics providers.
BlockGrain is simply automating all of that.

I would call it complete and thorough, rather than too ambitious.
newbie
Activity: 14
Merit: 0
A $2 Billion would be great.
It would mean a 90x profit over ICO price.


But do you think they are getting too ambitious with all the various verticals they are integrating in their system ?
newbie
Activity: 28
Merit: 0
The Australian exports are worth $33Billion

If they are going international within 2 years, they will be able to increase their valuation much more.

I can't say how much it will be in the hosrt term, but over the coming years, it can be easily worth 2 billion dollars.

But to do that, they would need to have partnerships and government support.
It is good to know that RIseAgri is favouring them. Australia is ripe for a technology overhaul.
newbie
Activity: 14
Merit: 0
Hi Everyone,

There's this ICO going on for an Australian company called BlockGrain.io  They’re aiming to automate the supply chain with Grain and later on Fruit/Vegetables/Wool.

Here's a quick video that kind of explains what they're working towards: https://www.youtube.com/watch?v=zlCzNgijLYY&t=11s

They raised about 3.5M in a pre-sale and another 22M in the main sale. That puts them at 25M approx. They also have support from the local government and have a partnership with Rise Agri.

Additionally, they are quite ambitious as They're aiming to be uber+warehousing + audit + finance for the farming community.

Extremely powerful idea and product (wonder how come nobody thought of using crypto to disrupt the Agriculture industry). But i just wanted some thoughts on their market cap.

How would you go about valuating their potential market cap in one or two years ?
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