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Mexican firm issues cryptocurrency backed by habanero pepper
short by Krishna Veera Vanamali / on Thursday, 22 March, 2018
Mexican firm Amar Hidroponia, which grows only habanero peppers, is selling digital tokens in order to raise capital from smaller investors. Each 500 peso (₹1,760) Agrocoin is backed by a square meter of hydroponic pepper production in Mexico's Quintana Roo state. The company said that it expects to pay a yearly dividend equal to about 30% of the cost.
read more at Bloomberg