EthicHub

Halal Rating :
Comfortable
Contract: 0xfd09911130e6930bf87f2b0554c44f400bd80d3e
Last Price $0.15 Last updated:
Rank 7310
1D Change 0.61 %
Market Cap -
Circulating supply 0
Maximum supply 100,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Celo Ecosystem
  • Gnosis Chain Ecosystem

Purpose and Utility

EthicHub is a blockchain-based platform designed to connect small farmers with investors worldwide through tokenized agricultural investments. The ETHIX token serves as a governance and utility token within the EthicHub ecosystem, enabling holders to participate in platform decisions and access various services.

Business Model

The platform facilitates direct investment in agricultural projects, particularly focusing on small-scale farmers in developing countries. Investors can support farming projects and receive returns from harvest sales. The model operates through smart contracts that manage the investment and distribution of returns.

Real-World Adoption

EthicHub has demonstrated real-world implementation, particularly in Latin America, with a focus on coffee farmers in Mexico. The platform has facilitated multiple successful farming projects, though adoption remains relatively modest compared to larger blockchain platforms.

Platform Development

The project maintains active development, with regular updates to their smart contracts and platform functionality. The team continues to expand their network of farmers and investors, showing commitment to their stated goals.

Token Distribution and Governance

ETHIX tokens are distributed across investors, platform users, and the development team. The project implements vesting periods for team allocations, indicating a long-term commitment to the platform's success.

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