Wissel LiraT TRYT om naar AGRITECH AGT

Launched in November 2022, LiraT (TRYT) is an asset-backed token redeemable 1:1 for 1 Turkish lira. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by Turkish lira on the blockchain at a 1:1 ratio and indexed to the price of Turkish lira. For every TRYT created, an equivalent amount of Turkish lira is held as collateral in the company's reserves. TRYT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat Turkish lira transaction limits in the market, there are no minimum transaction limits for TRYT. TRYT transactions are executed instantly and any amount of TRYT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. TRYT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for TRYT tokens increases, Token Teknoloji Anonim Şirketi will add the equivalent amount of Turkish lira to its reserves for each TRYT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between Turkish lira and TRYT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of TRYT tokens from circulation when needed, ensuring a balance between TRYT and the Turkish lira. Thanks to this mint-and-burn mechanism, the price of TRYT is always in equilibrium with the price of the Turkish lira.

What is the project about? AGRITECH is a blockchain project aimed at addressing the global food security problem in the $15 trillion agriculture sector. It integrates agriculture, blockchain, Web3, and AI technology in a single platform. The project uses proprietary traceability and peer-to-peer marketplace technology to connect producers and suppliers with customers globally, ensuring sustainable and scalable supply lines while mitigating fraud and scams. What makes your project unique? AGRITECH is unique because it combines blockchain, Web3, and AI to tackle the global food security problem. The project follows a decentralized wealth model, allowing communities to participate in equity ownership and revenue share of 100% of net income. This approach garners support and acceptance from governments and residents in the communities the project aims to help. History of your project. AGRITECH emerged in response to the COVID-19 pandemic's impact on food supply chains. It implemented proprietary traceability, agriculture AI, and a peer-to-peer marketplace to directly connect producers with buyers, making farming more profitable and sustainable. What’s next for your project? AGRITECH will focus on deploying its traceability and marketplace platform globally, starting with the most vulnerable communities before expanding smartly to maximize support. The project will continue to inform and educate farmers about the benefits of blockchain in agriculture. AGRITECH plans to list on Coin Market Cap, Coin Gecko, and other listing services for maximum market reach. What can your token be used for? AGT tokens can be used throughout the ecosystem, including resorts, retail relationships, and daily transactions on the platform.