Bullboard - Stock Discussion Forum Agri-Dynamics Inc AGDY

Consumer Defensive Farm Products

Agri-Dynamics Inc is engaged in the acquisition, investment and development of companies in the energy, mineral, commodity, technology and agricultural sectors. It is focusing on the exploration and development of mining properties in prolific jurisdictions. In addition to owning approximately 250 domains and hemp farming rights for a farm in the state of Iowa, it owns a portion of mining... see more

Add To Watchlist

PINL:AGDY - Post Discussion

Agri-Dynamics Inc > AGRI-DYNAMICS, INC. conducts research into implementing NFTs

View:

Post by AveragePenny on Mar 17, 2022 2:03pm

AGRI-DYNAMICS, INC. conducts research into implementing NFTs

The company has been watching the Non Fungible Token, (NFT) market for quite some time. The development of an NFT was made with the intention of its use as a proof of ownership entitling the owner of the NFT with certain specific rights. These rights could be royalties and even delivery of the property that the NFT represents. Originally the NFT has been intended as ownership in unique art, music, video clips or other digital multimedia. As a result of the capability of this unique digital asset, serious consideration has been made due to its full potential in raising capital for the originator while establishing rights for the buyer to certain assets.

In the cryptocurrency markets, there are a number of Altcoins that are backed or based on an ounce of gold. Agri-dynamics desires tocreatean NFT that could be backed by goldcurrentlylocated at one of the gold mines that the company holds an interest in.We are going to discuss this with our consultants this month with plans to find a solution inmakingthis a real investment alternative for the public. States Joseph Amram, CEO of Agri-dynamics Inc. I have been looking at how the company can maximize the value of its precious metal assets and this could actually be a quite innovative way to do it.

With a number of company partners who are professionals in this niche, the company could should be able to have the necessary steps to implement a strategy in the near term. The company will be sharing its activities regarding this new business as soon as our plans are complete. In the meantime, continued research is being done as to the best smart chain to use in the to mint the NFT for the company. It is expected that the company should have a plan in place within a month or so and start implementing its strategy shortly thereafter.

https://www.otcmarkets.com/stock/AGDY/news?id=347955