What Is Nelore Coin(NLC)?
Nelore Coin is an agricultural business token with multiple farms under management focusing on COW production in Brazil that gives rewards based on real profit. The transaction tax goes to a Treasury account where the money is invested on buying or renting farms in Brazil. This way it creates an intrinsic value that should uphold bear markets and grow with bull markets.
The selection of farms is very important so it can be the most profitable for the money invested. Those farms produce a profit which is used to buy NLCs from the Liquidity Pool. Coin buying usually happens every month and in the worst case 2 months. Since the start of the project, NELORE COIN already bought 2 farms in Brazil capable of producing 20.000 COWs with a total of 20 hectares of land.
The team at NELORE COIN is composed of Agricultural experts with more than 20 years of experience. It was founded by CEO Marcos Rodrigo, Vice President Carlos Junior and CFO Emerson Muller. Now the team consists of more than 10 people and are in the process of hiring several more.
Brazil is the biggest exporter of Agricultural products and NELORE COIN is the first real agricultural token based on Brazil with a real company already created. In the future, it aims to be the biggest farm manager in the world combining WEB3 features into a very old-fashioned sector of the global economy.
Important Points Table Of Nelore Coin
| Basic | Points |
|---|---|
| Coin Name | Nelore Coin |
| Short Name |