CEO Message

We are proud of presenting the Cropto brand of agricultural commodity tokens

Demir Aksoy

Hello,

We are happy to have created the Cropto brand after working on the blockchain technology and token economy since 2020. I come from a family of farmers producing wheat, barley, corn, soya, rice and hazelnut for more than a 100 years in the Black Sea region of Türkiye. We are proud of creating the Cropto brand, uniting the most traditional industry i.e. agriculture with the blockchain technology which is the latest infrastructure and architecture developed by the information technology, presenting the Cropto brand of agricultural commodity tokens to the local, regional and international agricultural industry and economy, and being the first business to do so in a vast region extending from Europe to Asia.

The Cropto Agriculture Tokens, introduced as the very first agricultural product-backed token in a vast region extending from Europe to Asia, owes its strength to physical agricultural products stored in safe, reliable and audited warehouses. Before creating each Cropto Token in digital medium using the blockchain technology, an agricultural product is physically bought from a reliable market. Then one token is created per one 1 kg agricultural product bought physically and stored in a safe, reliable and audited warehouse to finalize the token creation process. Prices of the Cropto Agriculture Tokens are determined in relation with the prices of agricultural products bought from reliable markets and stored in secure warehouses. Cropto Wheat Token, Cropto Barley Token, Cropto Corn Token and Cropto Hazelnut Token present a unique and reliable means to invest in agricultural products against wheat, barley, corn and hazelnut, which are the mostly produced grains in the world and which approximately date back to the first settlements in the world. They make agricultural products tradable between individuals as they were in the ages before the invention of money on the one hand, and tokenize the agricultural products physically stored idle in warehouses on the other hand to make them liquid in some way. We carry such indispensable commodities as wheat, corn, barley and hazelnut, which are of strategic importance in international trade, to blockchain through the Cropto Wheat Tokens, Cropto Barley Tokens, Cropto Corn Tokens and Cropto Hazelnut Tokens, and present their means of transparent and decentralized transfer of assets to the agricultural industry, and to you as an investment opportunity.

Cropto is a financial investment instrument providing the value of trust based on agricultural commodities. Providing a concrete value thanks to its nature based on an asset, Cropto is created by tokenizing wheat, corn, barley, hazelnut and other major agricultural products using the blockchain technology in the digital world. All you need to invest in agricultural products, especially wheat, corn barley and hazelnut is Cropto, so that we present a platform where any person can buy any amount, whether 1 kg (1 token) or 0.001 kg (0.0001 token), of wheat, barley corn or hazelnut any time anywhere. In addition to being a safe berth at the investments provided by the trustworthy stable coins like Tether, USDC, etc., Cropto enables investors to invest in agricultural products in an easy way and to earn as much as the agricultural commodity prices increase.

Coined from the English words crop and token, our registered brand Cropto provides a facility to make safe investments in agricultural products and adds trust and firmness into the world of crypto investments. We wish our Cropto Agriculture Tokens (i.e. Cropto Wheat, Cropto Barley, Cropto Corn, Cropto Hazelnut etc.), the very first agricultural product-backed token in Türkiye and a vast region extending from Europe to Asia, to be beneficial for all mankind, and assure you that I and my team will work hard in the trustworthy and firm growth of our Cropto brand.

With my best regards,

Demir Murat AKSOY
CEO

AgriFintech Financial Technologies Inc.
CROPTO Trademark

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Frequently Asked Questions

What you want to know about Cropto
What is a blockchain?
Blockchain is a digital ledger kept in decentralized, multiple copies, where data is recorded in blocks connected by chains in chronological order, mathematically encrypted and recorded in an immutable, secure, transparent and distributed manner.
What Does RWA Mean?
RWA, or "Real World Asset," is a transformative concept within the blockchain and cryptocurrency ecosystem. It refers to the process of tokenizing real-world physical or financial assets, bringing them into the digital realm on blockchain platforms. These assets can range from real estate, bonds, and stocks to commodities like gold, oil, agricultural products, and even collectible items with intrinsic value.
What is a coin?
In the blockchain technology, a coin represents a crypto coin i.e. digital version of cash. Crypto coin is defined as a digital financial asset created by computer without needing a centralized authority like a bank or government. Coin refers to a digital currency existing on a blockchain like the Bitcoin, Ethereum, and Solana blockchain networks.
What is a token and what is the difference between it and a coin?
Crypto currencies created on an existing blockchain network as opposed to its own blockchain network are called tokens. For example Bitcoin, Ether and Solana are crypto currencies created on their own blockchain networks named Bitcoin, Ethereum and Solana respectively, but tokens are crypto currencies created in a certain format on any existing blockchain network like Ethereum, not on its own blockchain network.
What is an product-backed token?
An product-backed token is a digital currency using the blockchain technology. However, it is backed by a physical asset. In other words, it is a digital claim of right on a physical asset.
What are the similarities between Cropto and such stable coins as Tether and USDC?
Cropto Tokens are a digital currency based on agricultural commodities and created by using the blockchain technology. Before creating each Cropto Token in digital medium using the blockchain technology, an agricultural product is acquired from a reliable market using the formula 1 kg = 1 Token against that Token and is stored in a reliable, secure and audited warehouse. That Cropto Token is issued after the physical product is acquired. Stable coins like Tether, USDT and USDC are one step forward in terms of reliability in crypto currency markets, because they are crypto currencies created against such physical collateral as US$ reserve, government bond or other financial instruments and are indexed to the US$.  In summary, Cropto is similar to such crypto currencies as Tether and USDC because all of them are asset-backed.
How are the market prices of Cropto Tokens determined?
Market price of a Cropto Token is determined in relation with the price of the physical agricultural commodity acquired before creating it, and changes depending on the increase of the price of that commodity. Furthermore, international agricultural commodity prices may change depending on certain events on the basis of country or region. Therefore, market prices of Cropto Tokens are directly formed in relation with the prices of the physical agricultural commodities which back them.

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