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How We Bring Agroculture to Ethereum Jeff Prestes

Ethereum DenverSun, Oct 9, 2022, 12:00 AM

Transcript

hello everyone good morning uh gm so um i'm jeff prestas and uh before we get started this presentation i want to tell you that this presentation the reason for this presentation is to you know bring more people that work with agriculture projects or agriculture business through affiliate ecosystem so i i want to get started to ask you who here work or have family that work on agriculture business please raise a hand let me check okay have some some people here great and the idea here is to show you two real business cases we created uh aggro token also solid the world but the first question why how sorry how we made this token is using tokenization strategy and the why agriculture because we are talking we are dealing with real assets when you talk about bushels of soy or of corn are real stuff right and and uh something that never will come we will be zero value and we cannot you know uh just i don't know disappear for nothing a real value and a very important for everybody and as every because at the end of the day everybody needs to eat even maybe vitalik i don't know so thing but i guess it's time to time and and why this is important in terms of business because for agriculture in some cases like i live in brazil and uh brazil argentina with united states are the great producers of soy and also we are very we have a largest production of corn and but sometimes for small producers they don't have access to liquidity you know sometimes it's not so fast to to to uh to sell their products or even a good prices sometimes there are a lot of you know traders and that controls the market so the decentralizations could help the producing to bring liquidity and now so phoenician phonation and bring credit to them because yesterday uh another good speaker here was talking about some uh phoenician problems that uh producers farmers in africa they face but this is not only uh african problems is a half is a problem in south america any other places in the world so bringing tokenization you need to tokenize your productions this can help those farmers to get credit on the other hand on the other hand the good part is people that invest in crypto could invest in a real asset you know so you don't know you're not only investing a token that there's nothing behind it you're investing in tokens that in behind it what it brings the the collateral are real grains so i wanted to give you a real example of one project that we have created zagro token uh let me see if i could show to you uh are you able to see the screen yes so aggro token is the our first organization infrastructure for agricommodities so what do we do in aggro token we the farmer stored their productions the bushes in um in some wire warehouse that is our partners we create up what we call proof of grain reserve so with this proof of grain reserve we have we sure we give it to the investor a guarantee a warrant that if they say okay if you have one soya it's one of the tokens you have one soya you have a one ton of soy bean is stored in some in a wool in a warehouse in argentina or in brazil it's a real grains and uh you can any moment that you want you can liquidate your position and the people you over there will sell those one tone and transform and us dollars for example so with this proof of grain reserve uh we are offering the idea is too often to allow to farmers to get credits to get some loans using those tokens as collateral with a better you know uh ex better rates uh and talking about in tech the the what we did in in technical terms we created a platform where we everything is signed digitally and uh behind the scenes we create a rc20 tokens so for instance you can go for an e30 scan here is our token let me try to increase okay it's not oh i can't but if you go to ethereum scan dot io and search for soya is our soy in argentina you can see the trades that we already happening now right now so people over there in argentina are allowed to for instance they can farmers can tokenize their production use the talking for instance to buy trucks or to buy some seeds for the new uh or items they need for harvest and other other stuff or what does it mean for them the tokens are real money they're using for us payment and uh this is the address later i can share with you the the presentations of the this is the others of the smart contract so it's a real uh it's a real token it's a mainnet in ethereum the second project i will i want to like to predict to represent to you is the solid the idea is the carbon credits that with um carbocationary by farmers that with some specific new methods they can create they are they have a right to issue carbon credits and what's the problem for the farmers they don't have liquidity with outside of a blockchain to those carbon credits so in solid the idea is create a market places where the farmer can sell their carbon credits to market and then other people could invest in in carbon credits market that is in europe for is very important for uh nowadays and uh behind the scenes what we use is 11 45 tokens and rc 721 because the idea is you the farmer could sell uh inft over the the the project and also the cell can sell the carbon credits and for who is buying the carbon credits he can track down uh the project and that can show to the customers for instance our airline could buy the carbon credits and show to the customer hey these carbon credits were generated in this project so the customer could tracking down where oh the the emissions were you know um compensated so nowadays you are b we are building the solid uh project so here is our white paper we already have our uh marketplace it's some better version so here people can you know uh you can see the details of the project then the investors could buy if crypto investors can buy those uh tokens and here is also our smart contract so for who is developer you can easily can get and uh connect to hours much contracts and then people for instance if somebody somebody buy our token our idea uh is going to create a liquid impulse in uh for the sushi swap and then people can trade now so our idea as a well some other you know low end uh platforms and ethereum can use carbon credits or agriculture tokens as collateral for loans in for in dice for for example so that's it as i mentioned it to you the idea of this presentation is to support more agriculture projects to come to ethereum i believe the decentralization decentralization is going to help a lot the farmers you know to have access to uh to new methods of of loans and also other financial products and to encrypt investors it's a huge opportunity you invest in tokens related to agriculture because you're investing in real business you know and also you help a lot of families across the globe you know to to make their lives uh so i thank you very much and uh if you have any questions i'm uh i think we have a couple of minutes to to answer some questions

Automatic transcript — names and jargon may be misspelled.