AgriUT Fact Sheet

AgriUT (pronounced: “Agree It”) is a digital utility token that can securely exchange direct value within a network. The blockchain technology gives new traceability and audit-ability into previously exploitive and opaque markets throughout the remote regions of the world. The AgriUT ecosystem is a highly scalable, distributable incentive driven token system that aims to equip millions of international consumers with a transparent transaction platform that increases farmer incomes.

The technology platform of AgUnity puts relevant and accessible technology into the hands of small-holder farmers operating out in remote and rural “Last Mile” agricultural communities. In the 5-years taken to prove AgUnity as a viable solution in the field, physical cash handling was recognized as being not only problematic but often dangerous for farmers. AgUnity was the establishing grantor that created the AgriUT Foundation Non-Profit as a social enterprise (applying for tax-deductible charity status ongoing) to accelerate and eventually fund impactful projects and major programs aimed at reducing this risk to farming communities in the future.

Problem Definition

More than 3.1 billion people living in Last Mile communities experience extreme hardship, with inefficiencies in the supply chain, lack of digital infrastructure, and poor access to inputs and buyer markets as primary causes of the systemic poverty endured by millions.

Solution

By adopting technology like the AgUnity technology for supply-chain record keeping and optimisation of the cooperatives there, small-holder farmers can drastically improve their income situation. Integrating with the AgriUT Non-Cash Payment token addresses a range of issues from financial security, administrative inefficiencies, corruption, and financial services access, as well as laying the framework for traceability and transparency to retail consumers.

The now fully independent AgriUT Foundation Limited (AFL) is partnered with AgUnity’s proven technology platform to accelerate the growth of the AgriUT ecosystem. The AgriUT token is in live production use in Ethiopia and Papua New Guinea, increasing farmer income and improving cooperative efficiencies already. Kenya, Indonesia, Timor Leste, and many more have produce already scheduled for AgUnity integration in early early 2022 and beyond – covering coffee, cocoa, and vanilla with extensions being made to include critical access to carbon credit markets and development grants.

AgriUT Foundation Limited (AFL) is a Non-Profit Social Impact organization that develops and delivers technology for good into the hands of these Last Mile people. The AFL works with like-minded members, corporations, and organizations that are already active in the Last Mile to foster technology-driven solutions to systemic problems; like world poverty, climate change, and inclusion (technology, finance, gender, etc.). AFL brings modern, high- impact technology into Last Mile communities to bring previously isolated farming communities into international markets, financial services, education, and health services – as well as connections to consumers in wealthy nations.

What can you do with AgriUT

A live Proof of Impact has been running since July 2021 to reward farmers directly called “Agriwards,” where benefactors to transmit AgriUT directly to farmers to reward them for their coffee. Right now (Oct 2021), farmers in Papua New Guinea growing cocoa and vanilla are also joining the Agriwards program.
‍
These farmers are already using AgriUT to access critical goods and services to improve their income and grateful for the rewards! Please watch our AgriUT explainer video to see the integration between coffee buyers and coffee growers and how AgriUT connects these communities directly. The AFL is in active talks with commodity buyers and commercial retail banks in the Papua New Guinea last mile that want to use AgriUT for banking financial inclusion and commodity buying in cashless transactions. A regional development bank is sponsoring this project as a scale-up model for capital funding in accordance with their strict governance model. Commercial contracting with these entities will secure major name brand value and open up massive sustainable business in the PNG region.
‍
The now fully independent AgriUT Foundation Limited (AFL) is partnered with AgUnity’s proven technology platform to accelerate the growth of the AgriUT ecosystem. The AgriUT token is in live production use in Ethiopia and Papua New Guinea, increasing farmer income and improving cooperative efficiencies already. Kenya, Indonesia, Timor Leste, and many more have produce already scheduled for AgUnity integration in early early 2022 and beyond – covering coffee, cocoa, and vanilla with extensions being made to include critical access to carbon credit markets and development grants.

People looking to get involved in direct social impact can contribute to the AFL’s mission in a number of ways, depending on scale and appetite, as described below:

• Social Impact Investors and Companies can reach out to our team to discuss participation by sending an email to hello@agriut.com and indicate if their interest is predominately investment, commodity buying, social impact, etc.

• Charities, Foundations, and Philanthropic organizations can enquire about our mission, vision, and impact by emailing us at hello@agriut.com and indicate alignment goals for charter, governance, scope, and scale.

A more detailed description of the token, organizations, case studies, and opportunities can be viewed in the expanded AgriUT Whitepaper you can download from the AgriUT website resources section. For those that wish to leave an Expression of Interest, AFL has partnered with TrigonX (a licensed/accredited Financial Services Provider in Australia) to provide an easy traditional banking on-ramp for people to acquire AgriUT. For those that are crypto savvy, the EoI can be fulfilled by various standard tokens (i.e., BTC, ETH, USDC, etc.) that can be exchanged for AgriUT.