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Natural Farm Union Protocol Price (NFUP)
$0.133614
2.06%
Rank #5763
Natural Farm Union Protocol Price Chart (NFUP/USD)
Last updated 15 Jun 2022, 20:36PM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | XT.COM | NFUP / USDT | $0.00660287 | 1.49% | $104 | |
2 | Coinone | NFUP / KRW | $0.00000935 | 62.54% | $1,980 |
NFUP Price Statistics
$0
24H Range
$0
- Natural Farm Union Protocol Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $2,677,947
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
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All-Time High
$1 -82.40%
Mar 02, 2022 -
All-Time Low
$0 711.31%
Feb 24, 2022
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Natural Farm Union Protocol Cryptocurrency
Introduction
The Natural Farm Union Protocol cryptocurrency, also known as NFUP, is a digital currency aimed at revolutionizing the agricultural industry. It is based on the principles of sustainability, organic farming, and fair trade. NFUP seeks to establish a decentralized agricultural economy by integrating blockchain technology into farming practices.
Benefits of NFUP
NFUP offers several advantages over traditional farming and existing cryptocurrencies:1) Sustainable Farming: NFUP encourages sustainable farming practices, reducing chemical usage and promoting organic methods. By supporting farmers who adopt environmentally friendly techniques, NFUP helps protect the ecosystem and biodiversity.2) Fair Trade: By utilizing blockchain technology, NFUP ensures transparency in the supply chain. This enables consumers to trace the origin of agricultural products and confirm fair trade practices. Farmers receive fair compensation for their produce, eliminating middlemen and unfair pricing practices.3) Decentralization: Traditional agricultural systems often rely on centralized authorities. NFUP aims to decentralize the agricultural economy by empowering farmers and consumers. Through the use of smart contracts, NFUP creates a direct link between farmers and consumers, cutting unnecessary intermediaries.4) Reduced Financial Barriers: NFUP eliminates the need for traditional banking services, which are often inaccessible to farmers in remote areas. By using the NFUP cryptocurrency, farmers can securely and efficiently handle financial transactions, even without access to traditional banking infrastructure.
NFUP Token Economy
The NFUP cryptocurrency operates on a two-token system: the NFUP coin and the NFUP token. The NFUP coin serves as the primary medium of exchange within the Natural Farm Union ecosystem. It can be used for purchasing agricultural products or as an investment tool.The NFUP token, on the other hand, represents ownership rights to the NFUP ecosystem, including the governance and decision-making process. Holders of NFUP tokens have the power to participate in platform-related decisions and shape the development of the cryptocurrency.
Conclusion
The Natural Farm Union Protocol cryptocurrency aims to create a sustainable and fair agricultural economy by leveraging the power of blockchain technology. By supporting organic farming practices, promoting fair trade, and decentralizing the agricultural system, NFUP paves the way for a more transparent and environmentally conscious future.Investing in NFUP not only benefits farmers by providing them with fair compensation but also empowers consumers to make informed choices about the products they purchase. By adopting NFUP, we can contribute to the growth and development of a more sustainable and equitable agricultural industry.