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About AgreCoin (ACN)
AgreCoin (ACN) presents a peer-to-peer solution for trade, payment, and transaction for agricultural products and services used in the production of alcoholic beverages. AgreCoin (ACN)’s smart contract system is built on the Ethereum blockchain, ERC20 Token Symbol: ACN.
First, in a problem-solution format we outline the difficulties US-based tequila brand owners face when attempting to purchase alcohol from Mexican manufacturers, who often modify tequila prices based on both the supply availability and price fluctuations of agave—the main agricultural product used in the production of tequila.
Second, we outline the solution for this production issue with the use of “smart contracts,” whereby brand owners in the US and/or their producers of tequila in Mexico, can set the price of the delivery of agave, using the AgreCoin (ACN) token.
Third, we address the scalability issue through the power of AgreCoin (ACN), which will have a significant impact on this industry due to the subcontracting-hub nature of tequila’s market transaction techniques. Indeed, much of the market is based on one tequila producer’s paradigm in Mexico, who serves as a subcontractor for multiple US brands. Thus, the acquisition or adoption of AgreCoin (ACN) by a single manufacturer can impact a significant portion of the market and thus foster the control of multimillions of dollars in trade.
Fourth, we outline a strategy of execution that will allow AgreCoin (ACN) to build confidence, acceptance, and value, in addition to providing social services through the purchase and operation of assets within the industry.
Fifth, we set forth our agenda for the token’s issuance, describing how AgreCoin (ACN) will be dispersed in a manner that builds valuation from the Simple Agreement for Future Token (SAFT) pre-sale to a free-trading medium of exchange where pricing is decided by the marketplace.
Lastly, we outline the AgreCoin (ACN) community and summarize both what AgreCoin (ACN) has to offer investors and the potential of blockchain to revolutionize the Mexican economy.