Although most of the proposals come from other continents, there are those who are unaware of the possibility of investing in 100% regional cryptocurrencies.
Venezuela, for example, was the first country in the region to create its own cryptocurrency in 2018: Petro, a currency protected by national reserves of gas, oil and minerals.
Even the Central Bank of Brazil reported that it is fine-tuning details to develop a digital currency in the coming months.
Best cryptocurrencies in Latin America
Avocado Coin
The cryptocurrency that simulates an avocado is successful in financing sustainable projects, a phenomenon that is increasingly impacting the region.
It debuted in December 2021 through the company Green Gold Projecta cryptocurrency ecosystem that is oriented towards global fundraising in order to invest them in sustainable projects.
“The avocado (avocado) is a product that demands a high intensity of water and that lacks technological support. However, it is an industry that is worth, in production alone, more than $7 billion and in five years it would multiply significantly”, highlighted Gonzalo Araújo, co-founder and CEO of Green Gold Project.
agrotoken
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agrotoken defines itself, through its official page, as “a multichain infrastructure that uses the technology of several networks according to the most optimal use cases of each one”, which allows direct transactions with the direct grain backing.
Such is the success of the cryptocurrency that last month it announced a partnership with Visa, to co-create a payment method that allows agricultural producers to use their grains as a form of payment through a card.
In this line, Agrotoken incorporates Pomelo, a fintech company, as the infrastructure to issue, distribute and process payments made with the cardwhich will soon be supported at any merchant that accepts Visa.
kmushicoin
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Kmushicoin is part of the so-called second generation of cryptocurrenciesjust like Agrotoken and Avocado Coin.
It is a Colombian environmental crypto that it came to be exchanged for u$s1.21. At the time of its launch, in August 2019, Kmushicoin was trading at just 0.30 cents on the dollar.
It has more than 30 commercial businesses in Colombia and its environmental approach is recognized in other countries and foreign media such as Brazil, Russia and the United States.
Source: Ambito
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