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.
Topic: AGRI || BlockGrain.io || How high can they go if they capture the market ? (Read 168 times)
May 13, 2018, 03:58:15 AM
May 01, 2018, 04:09:01 AM
Did you take a look at their commodity fund though ?
Thoughts ?
Thoughts ?
May 01, 2018, 01:32:32 AM
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.
I used to do that when i was getting started with crypto. Burned my fingers man.
All about research now. Skilled teams, awesome ideas.
May 01, 2018, 01:26:05 AM
I hope you're not investing blindly though ?
May 01, 2018, 01:25:28 AM
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.
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.
May 01, 2018, 01:09:28 AM
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
I heard that Nugget from Nugget's News is also in the telegram group
May 01, 2018, 01:06:39 AM
They claim on their site that they have an existing product already, do you know where we can see what that is like ?
May 01, 2018, 12:59:34 AM
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.
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.
May 01, 2018, 12:55:00 AM
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 ?
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 ?
May 01, 2018, 12:53:00 AM
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.
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.
May 01, 2018, 12:01:08 AM
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 ?
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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