The First Attempt and Victory of Agrobon in the Competition of Knowledge-Intensive Startups!
09.03.2023

The First Attempt and Victory of Agrobon in the Competition of Knowledge-Intensive Startups!

The first attempt and the first victory! Congratulations to the team of our Center on their success in the Science&Business — GIST Pitch Days competition for knowledge-intensive startups. On March 08, 2023, our Agrobon: Prelude project became one of the winners of this competition in the Agro&Food section.

This competition was organized by the Ukrainian Startup Fund together with the Ministry of Digital Transformation of Ukraine, the Ministry of Education and Science of Ukraine with the support of the U.S. partner — the U.S. Department of State — GIST (Global Innovation through Science and Technology initiative).

USF Winner

Our Agrobon: Prelude project is an agro-marketplace based on the Ukrainian digital ecosystem, where any private households or farms can place their pre-orders for the supply of future agricultural products, and their consumers will have the opportunity to make such pre-orders with legal guarantees and with an easy assignment of rights under these orders.

The key idea is to create a special tokenized asset for Ukrainian farmers on the basis of the Bitbon System decentralized information platform.

Why did we declare the agrobon as a “prelude”? A prelude means a free introduction before the main part of a piece of music. However, there will be a full-fledged “symphony” with many participants and new services inside. We intend to take a creative and responsible approach to the development of this project, developing the “agrobon” as an accounting unit of a new ecosystem for the agricultural sector and finance in Ukraine and Europe. Already in late 2023 and beyond, our team will radically expand the functionality.

In practice, the “agrobon” as a backed tokenized asset is created only by participants — buyers and agro-sellers — for instant and easy registration and 24/7 confirmation of a transaction in the One Space online service on the Bitbon System platform.

We also associate this project with a special mission for Ukraine’s recovery and modernization: using the agrobon, any Ukrainian farmers, even in war-affected regions, will be able to face the future with greater confidence – financial planning, forward sales/purchases, and industry market analysis.

How can I participate in the ready-made Agrobon project? It is very easy. You just need to register in the Bitbon System using the One Space online service. This can be done by any farmer or agro-trader who is under working capital constraints and requires guarantees of selling their products at a reasonable price, especially during the war and post-war period, in particular while preparing the implementation of the Agrobon project.

Read more on the promotional website of the project in Ukrainian https://www.agrobon.space.

For more information: the competition was organized by the Ukrainian Startup Fund together with the Ministry of Digital Transformation of Ukraine, the Ministry of Education and Science of Ukraine with the support of the partner – GIST (Global Innovation through Science and Technology initiative).

  • The U.S. Department of State’s Global Innovation through Science and Technology (GIST) initiative empowers young innovators through networking, skills development, mentoring, and access to funding to develop solutions for startups that solve problems of the economy and its development.
  • Science&Business is a series of events from the Innovation Development Fund (Ukrainian Startup Fund) and the Ministry of Education and Science of Ukraine to combine the scientific and innovative potential of scientists, startups, companies, experts, investors, media, search for innovative ideas and solutions, raise awareness of business, marketing, sales, investment and innovation.
  • Science&Business — GIST Pitch Days is an opportunity for scientists and entrepreneurs with ready-made knowledge-intensive solutions to gain experience in presenting their startups and receive $5,000 of financial support to develop their innovations.