AgroGloryTime, a Ukrainian-based agriculture company, reported on the successful progress of their native token $AGTI presale campaign. With over 5,000,000 tokens sold, the AgroGloryTime team raised more than $150,000 during June and July 2022. The company has already attracted investors from Ukraine, the USA, Poland, Germany, Bulgaria and several more EU countries.
Significant results were achieved despite the high $1,000 minimum investment threshold set by the company. The team plans to release the long-awaited $AGTI smart contract soon, along with introducing significant updates to the website. AgroGloryTime welcomes private investors to join the ranks of the $AGTI early adopters at the discounted price of $0.03. The offer is valid until August 15, when the price will go up to $0.05 along with a significant decrease in the minimum investment threshold.
AgroGloryTime addressed the challenge of building a transparent model to attract direct investments to their working $50 million business using blockchain technology. Relying on the funds raised, AgroGloryTime devised a vision for the extensive development of their business amidst the growing demand for food stirred up by the ongoing global food crisis. At the current stage, the agroindustrial company “Zakarpatsky Sad” (transliterated from Ukrainian) – head entity of AgroGloryTime holdings – manages almost 5,000 acres of fertile land, with perpetual use granted. The unique location close to the Romanian and Hungarian borders opens up a direct line to further the expansion of the EU vegetable market.
Acting as an investment asset, the $AGTI token has a guaranteed profitability of over 25% APR paid quarterly from the company’s yield. The AgroGloryTime team has shared a case study on the expected profit outcome of $AGTI, which is also available on their website. After the vesting period is over, the company plans to get their native asset listed on major exchanges, both centralised and decentralised. Also on the roadmap is the launch of the AgroGloryTime DAO.
When reached for comment, CEO of AgroGloryTime Daria Novhorodkina expressed gratitude to the company’s private investors. She also mentioned the high expectations regarding the upcoming harvest and company yield in 2022.
“I couldn’t be more happy to congratulate the team and our investors with the significant progress made during the presale campaign. Surpassing the milestone of 5,000,000 $AGTI sold is a testament to the significant interest and demand for our tokenization model. Our team strives to achieve a bumper crop in 2022 amid the constantly growing market demand. Apart from the fieldwork, we are releasing the $AGTI smart contract in just a week, which will signal our ambitions and hopefully lead to the next wave of $AGTI adoption.” – she stated.
About AgroGloryTime
AgroGloryTime is a Ukrainian-based agricultural holding, operating since 1946. Owning over 2000 ha of land, the company grows and processes vegetables and mushrooms for both the Ukrainian and international markets.
AgroGloryTime (AGTI) is the native token of the upcoming DAO. AGTI is secured by the company’s property and pegged to real company shares at a rate of 100,000 AGTI per 0.01% of a share. All native token holders get the added advantage of receiving annual interest in excess of 25% of the AGTI price at the time of the IDO.
Follow AgroGloryTime on social media.
