Review of AgroGloryTime: Investments in Ukraine

Articles Sep 20, 2024 0 152 Add to Reading List

Rectangle à coins arrondis: Review of AgroGloryTime: Investments in Ukraine

AgroGloryTime, a Ukrainian agroholding based in Transcarpathia, has developed an innovative way to tokenize its business and is now offering special terms for purchasing the $AGTI token. In celebration of Ukraine's 31st Independence Day and the highly anticipated release of the first agro-token in both Ukraine and the world, the price of $AGTI has been reduced to just $0.06! Don't miss the opportunity to invest and support a domestic organic vegetable producer on mutually beneficial terms.

By successfully merging real business operations with a promising blockchain-based direct investment scheme, the company sold over 6 million tokens (valued at over $200,000) during the pre-sale phase. In August, AgroGloryTime introduced a smart contract for its $AGTI token and launched an updated web interface.

Agro Glory Time CEO: Pavlo Drobychev

Pavlo Drobychev, a resident of Kyiv, entered the agricultural business in the early 2000s when he acquired shares in JSC "Zakarpatsky Sad" (Zakarpattia Garden). He initially produced brandy at this facility but later decided to establish greenhouses on the company's land.

The Involvement of Daria Novgorodkina

Daria Novgorodkina, a graduate of the Academy of Culture and Arts, became interested in agriculture after meeting Pavlo in 2009. She now oversees the production processes of growing vegetables, ensuring that everything operates “like a well-rehearsed symphony.”

Agro Glory Time's Companies

The Agro Glory Time group consists of several enterprises. The main one is JSC Zakarpatsky Sad, and another company, Sevlushfoods LLC, is responsible for the greenhouse direction. Both are located in the town of Korolevo in the Berehove district. The greenhouse project started in 2019 with a business plan, steel delivered to an empty field, and the construction of structures.

The Greenhouse Project

Daria explains that the design of the greenhouses was inspired by local models, with 1 hectare in the first phase and 0.5 hectares in the second. The newer greenhouses are more advanced and equipped with automated control systems. These systems regulate temperature and wind speed, providing a signal to open or close vents or to inflate an air cushion for insulation. These greenhouses are connected to Wi-Fi, allowing remote monitoring and control. Although more expensive, this technology reduces the risk of crop loss.

The greenhouse project focuses on two cropsn cucumbers and tomatoes which are grown in two cycles. To extend the autumn harvest, a boiler room with three 1 kW solid fuel boilers has been installed.

Local and International Practices Combined

While researching foreign cultivation practices, Agro Glory Time has also adapted to local soil and climate conditions. The team utilizes a blend of foreign technologies and local agricultural expertise to grow the crops successfully. They employ experienced agronomists and technical specialists to help manage the greenhouses, irrigation, and heating systems.

The company benefits from its location near the full-flowing Tisa River, which ensures a reliable water source for drip irrigation. The soil has been tested and found suitable for vegetable cultivation, including organic farming.

The Role of Agronomists

Since March 2021, the complex has been producing vegetables, with its second full harvest underway in 2023. Two young agronomists from Kherson have brought their experience to Zakarpattia, adjusting to the local climate, which differs from southern Ukraine.

Kherson's climate has made it a leader in vegetable cultivation, but Zakarpattia also shows promise. According to agronomist Igor Gordoviy, the region’s conditions are favorable for growing both open-field and greenhouse crops. He notes that local farmers are beginning to follow the example set by larger operations like Agro Glory Time, leading to increased vegetable production in the area.

Overcoming Climate Challenges

The climate in Zakarpattia has posed some challenges, including significant temperature differences between day and night and frequent dew, which can lead to plant diseases. To combat this, the greenhouses use green shading nets to reduce the temperature and prevent sun damage to the plants. Other techniques include using whitewashed walls to reflect heat and protect plants from overheating.

This year, Agro Glory Time decided to experiment with growing cucumbers and tomatoes in open fields. The open-field crops are the same hybrids used in the greenhouses, such as the Nejlina F1 cucumber, which has performed well despite the climate challenges.

Open-Field Cultivation and Market Demand

The company’s products are sold to wholesalers and local markets, with strong demand in Ukraine. Despite initial plans to export the produce, the high local demand has delayed these plans. Prices for cucumbers start at 10 UAH, while tomatoes sell for 20-25 UAH per kilogram.

Scaling Up and Tokenization

With over 2,000 hectares of land at its disposal, Agro Glory Time has ambitious plans for expansion. The company has already acquired components for the third phase of greenhouse construction, with a goal of reaching 800 hectares of greenhouse space in the future.

To fund this expansion, Agro Glory Time has turned to cryptocurrency. CEO Pavlo Drobychev initiated a tokenization project to attract investors globally. The AGTI token, created in 2022, is based on the Tether (USDT) cryptocurrency, which is pegged to the value of the US dollar. The token is not a traditional cryptocurrency but rather a digital receipt that gives investors the right to dividends. Investors can track the project’s progress through the company’s website and Telegram channel.

As of July 2022, Agro Glory Time’s assets, including land and production facilities, are valued at $50 million. The AGTI token is backed by the company's shares, with a total issuance of 1 billion tokens, each initially priced at $0.05.

The value of the tokens will increase as the company grows, offering early investors greater returns. Some of the tokens can be exchanged for shares in the company.

The Future of Cryptocurrency in Agriculture

Agro Glory Time’s innovative approach to funding has attracted attention from investors worldwide. As cryptocurrency becomes more widely accepted, the company believes it is on the right path, offering a model for how blockchain technology can be used to fund real-world agricultural projects.

By bypassing traditional banking systems and utilizing decentralized crypto mechanisms, Agro Glory Time has found a way to grow its business without the burden of bank loans. The token issuance is regulated by the US Securities and Exchange Commission (SEC), further enhancing its appeal to international investors.

In the fall of 2023, those who have invested in AGTI tokens will receive dividends in cryptocurrency, marking the first “harvest” of this unique investment project.

Buy Tokens

At Sevlush Foods, we’re thrilled to invite you to invest in our innovative platform by purchasing tokens. Each token is priced at $100 and grants you exclusive access to our products and services.

Why Buy Tokens?

Grow Your Investment: Every token you purchase not only provides access but also helps us expand our community.
Earn Rewards: As a token holder, you can benefit from our unique referral system. For every active user you bring in, you’ll earn a percentage of their purchases.
Community Focused: Join a network of like-minded individuals dedicated to improving food quality and sustainability.

Token Benefits:

Direct Purchases: Use your tokens to buy products on our platform.
Referral Earnings: Earn commissions by inviting others to join.
Exclusive Offers: Access special promotions and discounts.

How It Works:

Purchase Your Tokens: Invest by buying tokens at $100 each.
Invite Others: Share this opportunity and attract at least 3 new users each month.
Earn Rewards: Receive commissions based on your referrals’ purchases over time.

Projected Earnings:

Attracting 3 active users could earn you around $1,000/month.
Bringing in 4 users may lead to approximately $12,000/month.
Engaging 5 users might result in around $100,000/month.

Expand Market Reach: Enhance our presence locally and internationally through modern marketing strategies.
Enhance Customer Engagement: Build strong relationships with our customers through quality products and exceptional service.

Key Strategies:

Token System: Implement a unique token system that encourages customer investment and community loyalty.
Referral Program: Incentivize users to invite others, creating a strong network and boosting sales.
Product Innovation: Continuously develop exciting new products that meet the evolving needs of consumers.

ask any questions about the token or the company. Get informed answers directly from our management team.AgroGloryTime