AGCMN, short for Agricoin Masternode, is a blockchain-based cryptocurrency whose primary goal is to empower the agricultural ecosystem, particularly in certain Asian countries.The project aims to enhance transparency and efficiency in the agricultural sector by integrating blockchain, the Internet of Things (IoT), and cryptocurrency, enabling farmers to sell their products directly to end users and thereby creating a more flexible trading environment that better meets farmers’ needs.
AGCMN’s Technology and Mechanism
- Blockchain and the Internet of Things: AGCMN utilizes blockchain and IoT technologies to achieve full traceability and transparency for agricultural products from production to sale.
- Consensus Mechanism: Agricoin Masternode employs a Proof-of-Stake (PoS) Masternode algorithm.
- Algorithm: The cryptocurrency operates on the Scrypt algorithm.
- Total Supply: The total supply of AGCMN is 50,000,000 tokens.
- Initial Allocation: The premine accounts for 2.4% of the total supply (1,200,000 AGCMN), which includes allocations for the presale, the bounty program, and the AGC-to-AGCMN exchange.
Project Milestones
According to the project roadmap, Agricoin launched its testnet in October 2017 and officially launched in November 2017. The AGC-to-AGCMN token swap took place in August 2018, and the beta version of AGCFUND was launched in December 2018.
Market Performance and Trading Activity
To date, AGCMN has seen relatively low market activity. According to CoinLore data, the token has a market capitalization of approximately $414,000 and a circulating supply of 6,381,120 tokens. Its all-time high was $0.1345, but it has since fallen by 93.85%. Currently, AGCMN is primarily traded on an exchange called FinexBox, with the AGCMN/BTC trading pair. It should be noted that information indicates the token is inactive, with the most recent price update dated July 4, 2026.
Team Background
The Agricoin Masternode project is backed by an experienced team, including developer and CEO Riski Yudistira, Head of R&D Esthernita Isabella, and developer and Head of Marketing Moch Fauzi.
Summary
As a cryptocurrency project focused on the agricultural sector, AGCMN’s vision is to enhance agricultural efficiency and transparency through blockchain technology. However, based on current market data, its trading activity and price performance are not particularly notable. Investors considering such projects should thoroughly understand their technical principles, market conditions, and potential risks.
