{"signature": "0xe1a4aaa053813837d1ae61b46a5ff3d4d0c143e99d561d2f4a6322f90d5fc3dc506af16e7eb961048ac53efce826d4da0ba272593e69fcd8f3dbcd3290eed73d1b", "application": {"round": "0xd755dc81c6874e4977685eeade82833d241fa51a", "answers": [{"type": "email", "answer": "michaelananofficial@gmail.com", "hidden": true, "question": "Email Address", "questionId": 0}, {"type": "short-answer", "answer": "t.me/agbatoken", "hidden": true, "question": "Telegram Handle", "questionId": 1}, {"type": "link", "answer": "https://explorer.gitcoin.co/#/projects/0x7dd164ea11da1cb13246bc3c3b17c32fbb32ff48f6cbbb41906937cc8c1b7da9", "hidden": false, "question": "What is your project's public community chat link?", "questionId": 2}, {"type": "paragraph", "answer": "Co-founders funding it.", "hidden": true, "question": "What funding sources have you secured to date?", "questionId": 3}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Confirm that you have read and agree to comply with the ethical standards and Gitcoin's Quid Pro Quo Policy (https://support.gitcoin.co/gitcoin-knowledge-base/gitcoin-grants/general-questions/what-is-our-quid-pro-quo-policy)", "questionId": 4}, {"type": "paragraph", "answer": "The Agbatoken project primarily zeroes in on financial inclusion within the DeFi space. It’s all about getting smallholder farmers in Nigeria access to funding they’d otherwise be locked out of due to traditional banking hurdles. By using blockchain, Agbatoken lets these farmers tap into investment through cryptocurrency staking—think of it as a decentralized crowdfunding setup for poultry, agro-tourism, and other agricultural ventures. This isn’t just about loans; it’s about creating a system where farmers can get capital directly from investors, bypassing the usual gatekeepers who often see them as too risky. The focus is on empowering those at the grassroots, making sure they’re not left out of the financial game, while also aiming to tackle food inflation and boost productivity. That’s the heart of it!", "hidden": true, "question": "Which of the listed DeFi focus areas does your project primarily address?", "questionId": 5}, {"type": "paragraph", "answer": "Agbatoken brings a fresh twist by tying decentralized finance directly to real-world agriculture, specifically targeting smallholder farmers in Nigeria. Unlike many DeFi projects on Avalanche that focus on trading, lending, or liquidity pools, Agbatoken uses blockchain to channel crypto investments into tangible farming ventures—think poultry and agro-tourism—aiming to tackle food inflation while offering investors a stake in the profits.\nIts unique value lies in this bridge between DeFi and physical food production. Most Avalanche DeFi projects, like Trader Joe or Benqi, optimize financial mechanisms—swapping tokens or lending assets—but Agbatoken leverages Avalanche’s fast, low-cost transactions to fund farmers who often can’t access traditional capital. Investors stake crypto, farmers get resources, and the ecosystem grows with both financial returns and increased food supply. It’s a practical, impact-driven angle that stands out in a space crowded with purely digital plays. Plus, operating on Avalanche means it can scale this model efficiently, tapping into a global investor base without the sluggishness or high fees you’d see elsewhere. That’s the Agbatoken edge—real-world roots with DeFi wings!", "hidden": true, "question": "How does your project create unique value for the Avalanche DeFi ecosystem?", "questionId": 6}, {"type": "paragraph", "answer": "We can say its about 50% and we just want to finish up everything remaining part and launch out.", "hidden": true, "question": "What is your current development status?", "questionId": 7}, {"type": "paragraph", "answer": "For user adoption, Agbatoken seems poised to lean into its real-world hook—supporting smallholder farmers in Nigeria. It could grow its user base by targeting both crypto enthusiasts and everyday folks who care about food security or agricultural impact. Picture campaigns that onboard farmers and investors through simple interfaces, maybe even mobile apps, to stake tokens and fund projects like poultry or agro-tourism.\n\n\nOn the liquidity front, Agbatoken could juice things up by tapping Avalanche’s strengths—fast transactions and low fees—to incentivize staking and trading. They might launch liquidity pools where users lock in tokens for rewards tied to farming outputs, making it a win-win: farmers get cash, stakers get yields. Integrating with Avalanche heavyweights like Trader Joe or Pangolin could expose the token to deeper liquidity and broader audiences.\n", "hidden": true, "question": "What is your plan for growing user adoption and liquidity on Avalanche?", "questionId": 8}], "project": {"id": "0x7dd164ea11da1cb13246bc3c3b17c32fbb32ff48f6cbbb41906937cc8c1b7da9", "title": "Agbatoken", "logoImg": "bafkreia5bngq7ooqq42lfn5x2nbfaihsot22bzk3sk4pro6ossqwzxpgfe", "metaPtr": {"pointer": "bafkreidvemhsgvivgxyxrtyeawj4wwoehwkresc4qclkdw37iu5we7nali", "protocol": "undefined"}, "website": "https://agbatoken.com", "bannerImg": "bafkreibearo6rmg7pklsbusw3lzcbaklk3bti6sii4fu6ycvplkmw25u6m", "createdAt": 1740417386996, "userGithub": "therealMAO247", "credentials": {}, "description": "The Agbatoken project is an initiative from Nigeria that’s all about using blockchain technology to shake up agriculture, particularly for smallholder farmers. At its core, it aims to tackle food inflation and boost food security by creating a system where people can invest in farming through cryptocurrency. Think of it as a way to crowdfund agricultural projects—poultry, agro-tourism, and more—using digital tokens, with the promise of both feeding the world and offering financial returns.\n\nThey’re pushing the idea that tech-driven investments can transform rural farming, making it more productive and sustainable. The vision is ambitious: turn Nigeria into a blockchain-powered breadbasket, with farmers staking crypto to fund their work. It’s not just about profit—though that’s a big hook—but also about addressing urgent issues like rising food costs and economic growth in the agricultural sector. Their slogan ties it to a broader goal, calling for a “food productivity decade” under Nigeria’s current leadership.", "lastUpdated": 0, "projectGithub": "therealMAO247", "projectTwitter": "agbatoken"}, "recipient": "0x1552D0399BFC894489aC2E11c2e8D306932fdCd0"}}