SAAT Coin– ‘The coin that grows’ is here to revolutionize the agricultural industry in West Africa using the power of blockchain technology and decentralization. It will bring high tech agribusiness for efficient agricultural produce for foreign and local markets while creating several job opportunities for the people. This coin will lead to the diversification of the prevailing primate farming system in Africa for sustainable job creation, through raising a cryptocurrency based on real farm produce. SAAT Coin is all set to begin their main ICO on June 14th to offer the SAAT token at a price of $0.61 each.
The total token supply will be limited to 75,000,000 out of which 25,000,000 will be available through the ICO. The funds raised from the ICO will be used to implement modern ICT (Information and Technology) based agricultural innovations in the African Sub-region. This project will provide a real produce-based blockchain option at a low price and allow SAAT coin to serve as a means of exchange for agricultural products.
Integrating the ICT solutions like sensors, robotics, big data, geo-positioning systems, precision equipment and others will increase the efficiency and cost-effectiveness in agricultural farms leading to better yields for both local and foreign consumption. It will help the farmers to maximize their profits from the harvest and contribute to the overall development of the agricultural scene in the African region.
The SAAT coin project will begin in West African countries before expanding to further parts of African continent. The goal of the project is to address the lack of the most appropriate agricultural inputs in Africa and tap into the full potentials of crop production activities for local and foreign consumption.
SAAT can benefit the interested investors and holders of SAAT token in multiple ways. The first one is through Harvest reward through which the SAAT holders will be eligible to earn proceeds from harvest sales three times in a year. The second one is by Means of Payment where SAAT as a currency, will serve as a legal tender to order the farm produce and technical services at both national and international markets. Last but not the least is through the SAATLAND Exchange platform where the holders can enjoy a ‘Zero trading Fee’ on all their transactions and the specially dedicated crypto marketplace.
In addition, the SAAT project will take care of the processing facilities which will process the farm produce for export and local markets. It will also procure high-tech storage facilities for agricultural produce. More information about SAAT coin and the upcoming ICO can be found at saatland.io.
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