About Nelore Coin
The First Agricultural token that gives rewards based on real profit. 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. With blockchain technology it aims to tokenize its NELORE COWS through an internal NFT system and create a Marketplace for real-time transactions of multiple Agricultural products. And it aims to record immutable and trusted data onto the blockchain such as the production, distribution, and sales history of every product. Other than that it aims to create a speculative investment market on agricultural products in Brazil, partnering with the biggest farmers in the country. Where users will be able to speculate on prices of Cows, Seeds, Oxes, Chicken a
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Market Stats
Market Cap
$41,214.26
-0.47%
FDV
$147,200.51
Circulating Supply
279,987,210.804 NLC
Max Supply
1,000,000,000 NLC
Total Supply
1,000,000,000 NLC
Diluted Valuation
$54,950.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$78,032.13
0.12%
Volume (7D)
$550,932.20
Volume (30D)
$2,295,413.72
All time high
$0.0213
Overall Price Change (1Y)
-0.92%
Additional info about Nelore Coin
Recent trends
The price of Nelore Coin has increased by 6.02% in the last hour and decreased by 2.17% in the past 24 hours. Nelore Coin’s price has also fallen by 16.67% in the past week. The current price is $0.000147 per NLC with a 24-hour trading volume of $78.03K. Currently, Nelore Coin is valued at 99.31% below its all time high of $0.0213. This all-time high was the highest price paid for Nelore Coin since its launch. The current circulating supply of Nelore Coin is 279,987,210.804 NLC which means that Nelore Coin has as total market cap of $41,214.26.
Market details
NLC vs markets
↘ 93.6%
NLC vs BTC
↘ 94.28%
NLC vs ETH
↘ 84.95%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x5F320C3b8f82AcFe8f2Bb1C85D63aA66A7FF524f |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000147 | ↘ 2.17% |
1 Day | $0.000151 | ↘ 2.17% |
1 Week | $0.000177 | ↘ 16.67% |
1 Month | $0.000302 | ↘ 51.21% |
1 Year | $0.0019 | ↘ 92.35% |
FAQ
Nelore Coin (NLC) is a distinctive token that strives to bridge the gap between the agricultural sector and the digital world. It is an agricultural business token that concentrates on cow production in Brazil, with several farms under its management. The token's value is intrinsically linked to the real-world profits generated from these farms. The transaction tax collected from NLC transactions is directed towards a Treasury account, which is then used to acquire or rent more farms in Brazil. This approach strives to create a stable value for the token that can withstand market fluctuations.
Nelore Coin operates on a unique model where the profits from the farms are used to acquire NLCs from the Liquidity Pool, typically on a monthly basis. The token operates on the Binance Smart Chain (BEP20). The process begins with the capitalization phase where fees are used to fund the company's acquisitions. Quality cattle are then purchased and taken to the feedlot for fattening over a period of 120 days. The fattened cattle are then sold to slaughterhouses domestically or through international exports. The profits from these operations are analyzed, and 30% of the profit is used to repurchase and burn tokens, thereby enhancing their value and increasing the currency's scarcity.
Nelore Coin aims to integrate the agricultural sector with blockchain technology. It intends to tokenize its Nelore cows through an internal NFT system and establish a marketplace for real-time transactions of multiple agricultural products. This would allow for the recording of immutable and trusted data onto the blockchain, such as the production, distribution, and sales history of every product. Additionally, Nelore Coin intends to establish a market on agricultural products in Brazil, partnering with the largest farmers in the country. This would allow users to speculate on the prices of various agricultural products.
Nelore Coin was founded by CEO Marcos Rodrigo and CFO Emerson Muller, both of whom have over 20 years of experience in the agricultural sector. Since its inception, Nelore Coin has successfully acquired two farms in Brazil capable of producing 20,000 cows on a total of 20 hectares of land. The team has grown to over 10 members and continues to expand. Nelore Coin is an agricultural token based in Brazil. It strives to manage more farms globally, integrating WEB3 features into the traditional agricultural sector.
We update our Nelore Coin to USD currency in real-time. Get the live price of Nelore Coin on Coinbase.
The current market cap of Nelore Coin is $41.21K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Nelore Coin is $0.0213. This all-time high is highest price paid for Nelore Coin since it was launched.
Over the last 24 hours, the trading volume of Nelore Coin is $78.03K.
Assets that have a similar market cap to Nelore Coin include Crafting Finance, Teddy Doge, SportsPie, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Nelore Coin is 280 million.
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