Token: GRCR


ICO dates
Start date: 2018-01-31
End date: 2018-06-03

Registrated in: Philippines

Platform: Ethereum
Type: ERC20

PREMIUM ICO Screenshot
GrocerCoin categories
GrocerCoin token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 20,000,000 USD
Hard cap 70,000,000 USD
Tokens for sale 200,000,000
Token distribution in ICO
Price 1 GRCR = 0.0005 ETH
Acceppting ETH
GrocerCoin news, social
GrocerCoin search trends in Google
Random whitepaper excerpts
Table of Contents
What is GrocerCoin?
How GrocerCoin Works
Token Distribution & Highlight for Contributors
The Paradox
Agriculture in the Philippines
The Problem
The Solution
10 eGrocer Platform
11 Roadmap
12 Crowd Funding
13 About Us
15 The Team
17 The Advisors

Food is a basic necessity that drives the world. People are most
concerned about having adequate food supply and clean water
which makes agriculture one of the most significant industries in
the world. It is often used to balance a country’s trade and secure
its population.
The United States, Canada, and Western Europe are considered
the largest producers of staples like rice, corn, wheat, beans, and
animal proteins. They bank on well-developed infrastructures that
help irrigation and genetically modified seeds that reduces the need
for expensive fertilizers. But outside of these regions is a different
In South Asia, many farmers and fishermen face a different struggle
that even getting their crops to the market is a puzzle they have to
solve. The lack of irrigation infrastructures adds up to the lack of
seed capital to keep their production cycles continuous. Many of
these farmers are able to produce staples but unable to provide
food on t...

What is GrocerCoin?
GrocerCoin is a coin designed to shape the future of agriculture
around the world.
It is an investment token that operates and circulates within the
marketplace platform, eGrocer. While we ensure that farmers
and restaurateurs have a digital platform where their needs are
met, GrocerCoin helps initiate production and circulation of crops
from farmgate to kitchen through infrastructure and marketing
Transactions within the platform will circulate the coins and help
farmers, restaurateurs, and of course the contributors to earn their
Why GrocerCoin?

Invest in a global industry worth trillions of dollars

Earn as an contributor while achieving global food security

Venture in a platform backed by blockchain technology

How GrocerCoin Works
GrocerCoin works by allowing contributors to contribute to the
establishment and operations of the marketplace platform, eGrocer.
While there are many factors behind the marketplace operating,
we want contributors to focus on two ways on how they can earn
their margins and benefit from this platform:
If you wish to get your investments back on a short term basis,
you can always sell your tokens through the currency exchange
platform we are using as soon as GrocerCoin allows selling and
buying of tokens. Although we encourage contributors to opt for
long term investments, the back-market option will be available.
For long term investment plans, your tokens can always be invested
through our token investment platform which will distribute it to
either the logistics or production cycles or both. Once eGrocer is able
to increase its production and complete the production, logistics,
and distribution channels of our platform, you will easily get your

Token Distribution
Highlights for Contributors
Cash back for token holders after the first year
Invest in an industry backed with long momentums
Invest in a real business with a platform running on the
latest technology
Choose between short term or long term investment
Entrust your investments to a platform backed by a team
that has been in the agriculture and IT industry for years

The Paradox
Those who feed us have nothing to eat
—a paradox that everyone
outside of the agricultural sector may consider absurd knowing
that farmers and fishermen are largely the source of food all over
the world.
In the Philippines, one of Asia’s large producers of crops and produce,
the poverty incidence among farmers and fishermen is highest at
almost 50% compared to the country’s national average of 25%.
Many of the Filipino farmers are landholders with an average of 2.5
hectares of land available for tilling. They are living in an average
income of US$ 395 per year. They are the poorest of the poor and
yet they are able to produce food and feed their countrymen.
The Philippines is primarily an agricultural country despite its
progressing industrialized economy in the 2000s. It was the 8th
largest producer of rice in the world back in 2009. Eight years later,
it ranks 88th in the world. Its four sub-sectors: farming, fisheries,
livestock, and forestry ...

300 for four to five months. Being a kasaka (a farmer who rents
lands) who shares the profit from the land he tills, he feels he’s
indebted to them. But he finds it unwilling to own a land because
of the regulatory taxes he has to pay. It’s an added burden they do
not want to carry.
Kap, a
(village) captain who is also a farmer, leads a
community of 90 farmers trying to support their families with an
income of US$ 50 a month—provided they didn’t get affected by
any typhoon. They borrow capital from their buyers who expect
to buy their raw produce for a cheaper price in return, a big lump
deducted to their small income. It’s the lesser evil compared to a
20% interest they have to pay with lenders and financing firms.
Aside from land issues, cropping intensity or the number of times
a farm is harvested in a year is also a pressing concern. With the
lack of seed capital to keep their production cycles continuous, the
average cropping intensity in...

Agriculture in the Philippines
32.4 B
Annual industry size
Available market Serviceable market
(Conservative assumption (Conservative assumption
of 10%)
of 10%)

GrocerCoin Roadmap

December 2017
E-Grocer was able to acquire participation from 44 restaurant brands with 250 branches combined and 64 farmers all from the philippines.
Q1 2018
Token Sale Stage
GrocerCoin aims to acquire crowd funding to allow us to build the infrastructures we need get this dream going.
Q2 - Q3 2018
BETA Stage and Launch
After organizing farmer groups, our next step is to establish an initial fulfillment center to handle the inventory and logistics to be able to launch our BETA version.
Q4 2018
We plan to establish more fullfilment centers for a national roll out and our own in-house logistics system. This will also be the time to acquire institutional accounts to improve the earnings of farmers and investors.
Q1 2019
We will also establish air, land and sea in-house logstics capability to be able to export crops to nearby regions. We will also prepare acceptance of GrocerCoin payments through the platform and mobile app.
Jane Soco
Jane Soco Managing Partner

Cris Tan
Cris Tan Product Manager

Ivan Rodriguez
Ivan Rodriguez Sales Manager

Elsa Bautista
Elsa Bautista Sales & Collections Manager

Gladys Barayuga
Gladys Barayuga HR Manager

Patricia Feliciano
Patricia Feliciano Marketing Supervisor

Maris Tejano
Maris Tejano Marketing Assistant

Jenica Padama
Jenica Padama Social Media Strategist

Vincent Sebastian
Vincent Sebastian Account Executive

Christian Santos
Christian Santos Blockchain Developer

Paul Martinez
Paul Martinez Blockchain Developer

Neslie Doguiles
Neslie Doguiles UI/ UX Designer

Christian Blanquera
Advisors Christian Blanquera Openovate Labs

Edgar John Ilaga
Advisors Edgar John Ilaga Openovate Labs

Mary Rose Magsaysay
Advisors Mary Rose Magsaysay Power and Energy Consultant

Diego Ramos
Advisors Diego Ramos

Magellan Fatalino
Advisors Magellan Fatalino Acudeen Technologies

Glenn Banaguas
Advisors Glenn Banaguas Environmental and Climate Change Research Institute (ECCRI)