The world of agriculture received a win when NagriTech and Pecunio struck a deal for investment that will list NagriCoin on their prominent Pecunio VC Fund. The deal, finalized on June 19th, delivers $1,000,000 of assets for NagriTech and showcases the startup as a company to investors globally under the Pecunio listing.
Speaking about this latest development, NagriTech CEO Evgeniy Kozarenko said:
We are ecstatic to have one of the most forward-thinking and committed funds representing NagriCoin and its parent company NagriTech in the global investment arena. Pecunio has been an incredible partner and has already helped us to deliver the message that ‘improved agriculture is vital to our future.
The partnership places NagriCoin at center stage for greater awareness beyond just crypto circles. It’s now going to be viewed as a major investment opportunity that’s backed by a respected and experienced team that has a track record of success for investors in crypto and traditional banking markets.
NagriTech is a global agricultural technology startup focused on improving organic farming techniques with natural products. They have developed a plant nutrient made from a proprietary formula that stimulates plant growth by up to 50%, reduces harmful elements in the soil, and improves plant resiliency. NagriCoin is the ERC20 Token backed by the gross revenue of NagriTech after it reaches profitability.
Jared Johnson, NagriTech’s CMO, stated:
This is a major partnership that improves not only the operational efficiency of NagriTech, but also makes us a more marketable company at the grassroots level. This will help to improve revenue generation and brand awareness long term, far beyond the fundraising component.
Pecunio CEO Reinhard Berger has worked for some of the major financial firms in the world, like Credit Suisse. He has also been a successful hedge fund manager with over $250 million in assets with Alternative Invest AG fund. The entire team at Pecunio comes with a wealth of experience in fund management, IT, and marketing.
Mr. Berger says:
NagriCoin is an exceptionally rare case for the blockchain industry. Most start-ups nowadays focus on finance or digital service solutions and hardly on real world applications with an existing product. Nagricoin’s company has been in existence for 7 good years, so we are really proud to partner with experienced experts on a good mission, combining agricultural science with cutting edge market technology practices.
Pecunio also understands Initial Coin Offerings well. They ran their own successful ICO which ended on April 2018 placing tokens worth more than $20 Million. The value Pecunio brings NagriCoin will be seen now and well into the future also. Pecunio fund has outperformed Bitcoin since it’s inception in August 2017 by 118% during the same time. Pecunio is an asset platform for safe and easy blockchain investments. As United Arabian Emirates’ leading blockchain company, contributors benefit from a sound business model, enabling investments into angel & venture capital (AC&VC) funds and high-end cryptocurrency funds. Besides that, the investment platform focuses on settling B2B transactions with a gold-backed currency used as “gold-tether”.
NagriTech has found itself thrust onto the global stage with major business partners in Pecunio. Its mission to improve farming through natural agricultural technology has been garnering the notice of major investment firms recently. The agricultural startup plans to extend its ITO to September 1st as a result of the new partnership.
Andrey Samolyotov, COO of NagriTech remarked:
The vision for NagriTech is to make smart business partners. If we continue working hard with partners that make sense, like Pecunio, NagriTech will be incredibly successful, and improve agriculture globally.
There looks to be major traction happening for this young startup. This is certainly a company on the rise. For more information about NagriCoin, including its whitepaper, go to nagricoin.io.
Images courtesy of NagriCoin, Pecunio