What Is AgriDex and How to Buy AGRI on VALR?
Inefficiencies in agricultural trade have cost participants billions of dollars. This vital industry faces significant challenges, including delayed payments, fraud, and high transaction fees, all of which hinder its efficiency and growth.
Today, we explore AgriDex, a project designed to address these issues through an integrated digital real-world asset (RWA) marketplace. By leveraging the Solana blockchain, AgriDex aims to create a fairer, more efficient agricultural ecosystem where every participant benefits.
What Is AgriDex and How Does it Work?
AgriDex is a blockchain-powered digital marketplace for real-world assets (RWA) designed to reduce friction in global agricultural trade. As Henry Duckworth, the project's CEO, explained in a Space on X with VALR, AgriDex is building the infrastructure to "make the world of food a bit better."
Real-world assets are tangible, physical instruments increasingly tokenised by Web3 projects to bring them on-chain. This integration into the decentralised finance (DeFi) ecosystem enhances efficiency, broadens use cases, and reduces costs.
AgriDex offers a seamless, cost-effective solution for participants in the $2.7 trillion agriculture market to trade on a global scale. The platform leverages blockchain technology for origin tracing, improved accessibility, fraud prevention, and streamlined processes.
Powered by Solana and its native AGRI token, AgriDex has already garnered recognition, winning Stand With Crypto UK's 'Best Use Case' Award and securing $5 million in funding from investors. Partners include the Solana Foundation, Circle, Bridge, Jupiter, and Bastion, alongside ecosystem collaborators such as Parrogate, Imperial Shipping Group, Future Farm, and Cross Country.
With a vision to revolutionise the agricultural industry, AgriDex projects profits to grow from 1.97 million GBP ($2.51 million) in 2025 to 133.2 million GBP ($169.73 million) by 2028—a staggering 6,661% increase in just three years. The company also plans to donate 5% of its profits to the AgriDex Foundation to support education initiatives for farmers and promote sustainable agriculture.
By integrating blockchain technology with real-world agricultural needs, AgriDex is setting the stage for a fairer, more efficient, and globally connected ecosystem.
What Are the Benefits of AgriDex?
Agriculture market participants can take advantage of the following benefits on AgriDex's RWA platform:
Cost-Efficient Transactions: According to the project, AgriDex's RWA marketplace can significantly decrease transaction costs from an average of 3-6% to under 0.5% in most jurisdictions.
Near-Instant Settlement Time: With USDC payments, AgriDex accelerates transactions' settlement time from between three to seven days to just 5 seconds.
Reduced Fraud: AgriDex leverages AI scrapers to autonomously verify documents and other related data to combat food fraud, which caused 1.96 billion GBP ($2.5 billion USD) in damages for victims in the UK alone in 2021.
Regulatory Compliance: Under the EU's 2023 Sustainable Finance Disclosure Requirements, AgriDex supports the disclosure of most of the required 1,100 data points. Moreover, under a new UK Digital Enforcements Act, all users of the RWA platform have the ability to scale their disputes to United Kingdom courts.
Traceability and Transparency: On AgriDex, the origin tracking of the entire supply chain takes place on the blockchain, enhancing transparency and accountability and reducing potential trade finance risks and costs.
Simplicity: On AgriDex, agreements are struck on-chain between farmers and buyers, as well as other agriculture market participants, which makes the process less complex and more seamless for everyone involved.
Fair Access: Instead of complex negotiations and restricted accessibility, agriculture market participants only need an internet connection to access AgriDex and participate in international trade.
What Should I Know About AGRI Tokenomics?
Launched on December 4, 2024, AGRI is the project's native token that powers the AgriDex ecosystem. It is both a governance and a utility token, serving the following use cases:
Governance: AGRI holders can propose and vote on changes related to the AgriDex platform. This incentivises deeper engagement and facilitates democratic governance managed by community members.
Platform Utility: On the AgriDex platform, AGRI can be used to settle trading fees, as well as earn rewards based on liquidity, trade volumes, and ecosystem participation.
Staking: In the future, users will be able to stake AGRI to fund sustainable projects, driving environmental and social improvements.
Token Buybacks: AgriDex uses 50% of all profits to buy back tokens from the market and redistribute them to key contributors, rewarding members of the community driving the project's success.
Source: AgriDex Whitepaper
AGRI launched at the price of $0.065 on December 4, which surged over 50% after a week, trading at $0.098 as of December 11. Currently, the token has a market cap of $6.2 million and a 24-hour volume of $700,000. AGRI's max supply is capped at 1 billion coins, with currently nearly 63.3 million AGRI in circulation. You can find more information about the token's distribution below:
Source: AgriDex
How much is 1 AGRI in South African rands (ZAR)?
As of today, 1 AGRI = 0.000000 South African Rands (ZAR).
Market data last updated: Mar 14, 2025, 5:34 AM (GMT)
Buy AGRI on VALR
AgriDex is transforming the $2.7 trillion agricultural industry by addressing inefficiencies like high transaction fees, delayed payments, and fraud through its blockchain-based marketplace.
By leveraging the Solana blockchain and its native AGRI token, AgriDex creates a transparent, seamless, and accessible trading platform for global participants. With a projected over 6,600% profit growth by 2028, the platform is poised to make a lasting impact on agricultural trade and sustainability while driving innovation in the real-world asset (RWA) space.
Looking to gain exposure to AGRI? You can trade AGRI with USDT on VALR’s Spot (AGRI/USDT) market or use Simple Buy/Sell for an effortless experience. Start trading today and be part of the future of agricultural innovation!
Popular ZAR to AGRI Conversions
| Amount (ZAR) | AGRI Amount as of MMM XX, YYYY at HH XM (GMT) |
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Frequently Asked Questions
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You can buy AgriDex (AGRI) tokens on VALR, where you can trade AGRI with USDT on the Spot market or use Simple Buy/Sell for an effortless experience.
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AgriDex is a blockchain-powered digital marketplace designed to enhance efficiency in global agricultural trade. It enables cost-effective transactions, fraud prevention, instant settlements, regulatory compliance, and fair access.
Risk Disclosure
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate. VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).
Disclaimer: Views expressed in this article are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.
