AgaveCoin

AgaveCoin (AGVC) (founded in 2018) is a cryptocurrency that operates on the Ethereum blockchain and is utilized majorly in the sales of its products. The ecosystem has described itself as a Mexican industrial company The AgaveCoin token runs as an ERC20 token developed to support the agave industry.^[1]

Overview

AgaveCoin token (AGVC) presents a solution for trade^[2], payment, and transaction for agricultural products and services used in all the production chains of the agave industry.^[2]

These tokens are blockchain assets that can have value and can be sent and received like Bitcoin, Litecoin, Ethereum, or any other cryptocurrency meant for transactions. AGVC is a utility token created to participate in and support the multimillion-dollar agave industry.^[2]

AgaveCoin Global S.A. is an industrial company that aims to become a worldwide reference producer of agave-based products.^[2]

Aims of AgaveCoin

AgaveCoin covers the Tequila and Mezcal cryptocurrency space. The primary objective is to strengthen projects of the agave production chain developed by men and women of the farmers' field, communities, independent entrepreneurs, and small-medium scale enterprises (SMEs). AgaveCoin also aims in presenting a solution for the transaction of agricultural products and services in the agave industry.^[2]

Products

Agave also markets products on its marketplace online. Users (i.e consumers) can access Tequilas and Mezcals right from Agave's website interface using its online marketplace. The products are of different brands and sub-names.^[4]
Examples include:

Young old man- Bicuishie
Young old man-- Espadin.

Tokenomics

Agavecoin is the native and utility currency for Tequila and Mezcal. It is a token deployed on the Ethereum blockchain as an ERC-20 token. The ticker for the token is denoted as $AGVC. The total supply of the crypto is 35Billion AGVC tokens.^[5]