Cropto Agriculture Tokens Proof of Reserve Report

Proof of Reserve Audit Report proves that Cropto Agriculture Tokens (Cropto Wheat, Cropto Barley, Cropto Corn and Cropto Hazelnuts) which are created and released by AgriFintech Financial Technologies Inc., owner of the registered trademark Cropto are based on real physical agricultural products, therefore indicates real world existence of real world assets, namely are represented by physical agricultural products which were supplied and securely stored.

As Cropto Agriculture Tokens, we have always emphasized that we have a reliable and transparent process in our journey of tokenization of physical agricultural products. We have underlined this emphasis with "Proof of Reserve Audit Reports" published on our website (https://www.cropto.io) and announced on our social media channels, and we have shown our investors that we are a reliable and transparent company. With the "Proof of Reserve Audit Report", which is an indication that the supply amounts of each token specified on the home page of our website (https://www.cropto.io) are represented in secure, contracted warehouses in the real world, you can have detailed and approved reliable data about your investments with peace of mind.

As Cropto Agriculture Tokens, we are taking firm steps forward with our investors, stakeholders and teammates in our safe sector journey; We will continue to transparently publish Proof of Reserve Audits of Cropto Agriculture Tokens carried out by independent auditor companies on a regular basis.

‍Our Proof of Reserve Audit Reports

Regards,
‍
AgriFintech Financial Technologies Inc.
(Cropto Registered Trademark Owner)

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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.

Cropto Agriculture Tokens Proof of Reserve Report

Proof of Reserve Audit Report proves that Cropto Agriculture Tokens which are created and released by AgriFintech Financial Technologies Inc.

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