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Posted by Franklin Coetzee on July 12, 2018 - 7:19pm

We are continuing support of the project and have an announcement about the token.

Nagricoin team is happy to have you support this project and will gladly answer any questions you have. If you need additional support, please feel free to contact us directly.

NagriCoin has split its current token structure to increase the circulating supply of it’s NGR token to 365,853,659. The increase is 30 times the initial circulating supply but keeps the current capitalization of the company intact while reducing the token price to $ 0.10 USD. This update comes on the heels of a major venture capital firm investment into the company. The token supply was previously 11,788,617. With the change in circulating supply the token has changed its name to Nagri X to clearly define the change and has a new ticker symbol of NGRX.

“We are determined to improve the offer of our token for more people to use as an agriculture currency and see this as the best way to introduce better value for them while also improving the use case available for our business operations providing better entry and ease of transfer for smaller farms as well.”
Evegeniy Kozarenko, CEO, NagriTech
The company states the increased supply is in response to improve global transfer rates, create new discount tiers for token stakeholders, and also to ensure a more fluid token exchange.

“This will also make for a more attractive investment offer and help to further support the token community as our early investors and improve visibility on secondary exchanges”, — says Evegeniy.
The increase in circulating supply also reduces the entry value for participants. It allows them to have a greater stake in the company incrementally and improves the attractiveness for exchange listing and new Venture partnerships. With so many positive factors present to improve the token offering NagriTech made the quick decision.

The additional discount tiers are in response from potential distributor partnerships. The previous discounts were for 10% for any token holder. The tiers now include 5% for any token holder 1–100,000, 10% for 100,001–500,000, 15% for 500,001–1,000,000, 20% for 1,000,001–4,000,000, 30% for 4,000,001–10,000,000, 40% for 10,000,001 and above.

All token holders of the NGR token will have their wallet manually updated by NagriTech with the new NGRX token in the amount equal to 30 times of their NGR holdings plus a 5% bonus as our appreciation for your support during the change. All NGR tokens are to be returned to this address 0xc3a9055c667f47b16e8ef552d09b01732802565a. All NGR tokens will be burned and unsupported so there are not 2 separate coins. For more information please join the nagricoin technical chat and the nagricoin official ITO chat on telegram and look for updates on http://nagricoin.io

Nagri-HL is the future of modern agriculture, because this fertilizer is 100% organic and non-harmful for plants and animals. Revolution of the agricultural sector have only started and NagriCoin would play a significant part in it! Only few hours left till the end of NagriCoin presale!!! Good time to invest your money on. More investment more profit. Don't lose your chance! 
You can still buy with 50% discount !   https://nagricoin.io/#sect_token