Blockchain AgriTech startup Producers Market receives $200K pitch prize
Producers, Market, a global platform to empower farmers and agriculture producers through smart contracts and distributed ledger technology has announced their first place win in the recent Blockchain Shift event pitch contest.
Presented before the audience in the main hall, Producers Market won the grand prize of $210,000, which included $10,000 in cash and the rest in service providence by INTELid and Security Token Market (STM).
Founded by a team immersed in the agricultural value chain for more than a decade, Producers Market aims to increase efficiency within the agricultural industry and serve as an advocate for producers, through amplifying visibility and providing greater transparency to buyers.
“We were excited to have a presence at the Blockchain Shift, and winning the pitch contest based on the merit of what we’re doing at Producers Market was absolutely thrilling. These funds will be instrumental in helping us improve our platform to further innovate the way producers can distribute their products, increase profit margins, and disrupt the agricultural value chain.”
Taking place in Miami, Blockchain Shift welcomed a diverse group of distinguished thought leaders and experts, offering an unparalleled series of discussions and networking opportunities for attendees. With a mission to curating unforgettable interactions that harness the collective power of the blockchain tech community, educate future industry leaders, support open dialogue with government officials, inspire entrepreneurs and advocate for a decentralized and transparent society, this year’s event laid the groundwork for future iterations.