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BiCrop

Token for Agriculture commodities

Created on 19th February 2023

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BiCrop

Token for Agriculture commodities

The problem BiCrop solves

Tokenizing in agribusiness combines efficiency, security, transparency and lower costs to optimize market relations and profits for agribusiness companies.

If a company wants to advance in the production of wheat , for example, it can offer project tokens , similar to what is done with shares.

There are three important differentiators in agribusiness tokenization :

No intermediaries: less bureaucracy and costs;
No geographic limitation: increases the target audience base;
Total system availability: encourages investors abroad.

Challenges we ran into

  • We faced challenges while transfering tokens to contract address, we tried IERC20 interface to solve it
  • We included chainlink automation for toup of contract, but still we are manually doing it. Need to check again where the issue
  • Multiple errors while deploying contract in optimism, could be able to deploy erc20 token contract, but couldn't be able to deploy token swap contract. Also tried running web3 scripts with the time limit couldn't be able to do it
  • Still struggling with Gas estimation error, still in learning curve

Tracks Applied (2)

Chainlink

Link token interface to swap BIC token to LINK : 0x6D4d1563AFBb4509f42c3b718B71675275C7C410 (Goerli) Link Price feed to...Read More
Chainlink

Chainlink

ConsenSys: Truffle + Infura

We have used Infura & Metamask to run scripts on goerli testnet, for Bicrop token use case. You can test script files he...Read More
ConsenSys

ConsenSys

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