Xtralarge Farms unveiled Nigeria’s first Agriculture Digital Currency known as the Xtratoken and its Xtralarge Agritech City.
The Chief Executive Officer of Xtralarge Group, Seyi Davids, said at the unveiling that the introduction of the digital currency was meant for the exchange of goods and services within the Agritech City.
The Agritech City is established on a 3,000 acres of land in Ogun, and will harbour universities and schools, travel and tours, homes and properties, natural health centre and microfinance bank among others.
“The Xtratoken is what the entire Xtralarge group refer to as the generation next. It is the money to be spent within the Agritech City.
“This will ensure Nigerians, especially youths will love to embrace farming. The Agritech City is where all manner of farming activities and projects are executed with the aid of advanced technology and machines.
“Agritech City is a technology driven city to attract the youth who want to see how good agriculture is and that is what prompted the establishment of the city,” he said.
According to Davids, the city will be fully an automated organic farm and made ready in June 2021.
Great initiative by Xtralarge Group. To buy the Xtratoken, visit www.xtratoken.com.