Nelore Coin PriceNLC

What is Nelore Coin (NLC)?

Nelore Coin (NLC) is an agricultural business token built on the BNB Smart Chain (BEP20) that focuses on cow production in Brazil. Launched in 2022, the project presents itself as the first agricultural token that distributes rewards based on real profit generated from farming operations. Rather than relying purely on speculative crypto market dynamics, Nelore Coin connects digital asset holders to tangible agricultural activity, specifically cattle farming, with multiple farms under management. The project aims to open participation in the agricultural sector to ordinary people who may not have direct access to farming investments. NLC operates as a BEP-20 token with a maximum supply of 1,000,000,000 NLC. The token employs a deflationary model, with a portion of company revenue directed toward the deflationary mechanism. The project is registered in Malta and maintains an active presence across multiple cryptocurrency data platforms and exchanges.

Key Specifications & Tokenomics

• Name: Nelore Coin
• Ticker / Symbol: NLC
• Blockchain / Platform: BNB Smart Chain (BEP20)
• Token Standard: BEP-20
• Contract Address: 0x5f320c3b8f82acfe8f2bb1c85d63aa66a7ff524f
• Launch Date: 2022-06-30
• Max Total Supply: 1,000,000,000 NLC
• Category: Agricultural Business Token
• Registered Office: Level 7, Spinola Park, Triq Mikiel Ang Borg, SPK 1000, Malta
• Official Website: https://nelorecoin.com/
• Whitepaper: https://nelorecoin.com/whitepaper/

The tokenomics of Nelore Coin include a deflationary mechanism, with 30% of company revenue or profit allocated to this mechanism. Circulating supply figures have been reported at various levels across different data sources, ranging from approximately 41 million NLC to over 372 million NLC, reflecting the token's evolving distribution over time. The project has been listed on multiple price tracking platforms and currently trades on 17 active markets.

Who created Nelore Coin?

Nelore Coin was founded by a team of agricultural experts with more than 20 years of experience in the farming sector. The core team consists of more than 10 people. The CEO and founder is Marcos Rodrigo. Carlos Junior serves as Vice President, and Emerson Muller holds the position of CFO. The team's deep background in agriculture forms the operational foundation of the project, distinguishing it from purely technology-driven cryptocurrency ventures. The combination of agricultural expertise and blockchain technology is central to the project's identity and its stated mission of bringing real farming profits to token holders.

How does Nelore Coin work?

Nelore Coin operates on the BNB Smart Chain as a BEP-20 token. The project's core mechanism ties token rewards to profits generated from real agricultural operations, specifically cattle farming in Brazil. The farms under management generate revenue through cow production, and a portion of these profits is directed back to the token ecosystem. The deflationary model means that 30% of company revenue is used to reduce token supply over time, which theoretically creates scarcity pressure. Token holders participate in the agricultural business indirectly through their NLC holdings. The project's structure allows ordinary individuals to gain exposure to the agricultural sector without needing to own or manage farmland directly. All transactions and token movements are recorded on the BNB Smart Chain, providing transparency through public blockchain records.

What makes Nelore Coin unique and valuable?

Nelore Coin distinguishes itself through its direct connection to real-world agricultural production. Unlike many cryptocurrency projects that rely solely on digital or financial mechanisms, NLC is backed by actual farming operations focused on cow production in Brazil. The project describes itself as the first agricultural token that gives rewards based on real profit, positioning itself at the intersection of decentralized finance and traditional agriculture. The team's more than 20 years of agricultural experience provides operational credibility. The deflationary tokenomics model, which directs 30% of revenue to supply reduction, adds a structural mechanism intended to support token value over time. By allowing ordinary people to participate in agricultural business, Nelore Coin addresses a market gap where retail investors typically lack access to farming-related investment opportunities. The project's registration in Malta and its presence across numerous exchange and data platforms reflect an effort to maintain a professional and accessible profile.

What is Nelore Coin used for?

NLC serves as the native token of the Nelore Coin agricultural ecosystem. Its primary utility is to provide holders with exposure to profits generated from cattle farming operations in Brazil. Token holders may receive rewards based on the real profits of the agricultural business. The token also functions as a transferable digital asset on the BNB Smart Chain, allowing for trading, holding, and conversion against various fiat currencies and other cryptocurrencies. Popular conversion pairs include NLC to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. The token can be used to participate in the project's ecosystem and potentially benefit from the deflationary mechanism as revenue is directed toward reducing supply. As the project develops, the token is intended to serve as the primary medium for interacting with the agricultural business and its associated services.

How Is the Nelore Coin ecosystem developing?

The Nelore Coin ecosystem is centered on agricultural operations in Brazil, with multiple farms under management dedicated to cow production. The project has established a presence across numerous cryptocurrency platforms, including price trackers, portfolio tools, and trading venues. NLC trades on 17 active markets and is listed on various data aggregation sites. The project maintains an official website and whitepaper, and is active on social media platforms including Twitter and Instagram. The team continues to manage agricultural operations while developing the token's role within the broader crypto economy. The deflationary mechanism tied to company revenue represents an ongoing development in the token's economic model. As the agricultural business generates profits, a portion is directed toward the token ecosystem, creating a feedback loop between farming operations and digital asset holders. The project's registered office in Malta provides a formal corporate structure for its activities.

How to mine Nelore Coin?

Nelore Coin is not mined through traditional proof-of-work mechanisms. As a BEP-20 token on the BNB Smart Chain, NLC exists as a digital asset that is issued and managed through smart contracts. There is no mining process for NLC in the conventional sense. Token holders may have opportunities to earn rewards through staking or participation in the project's ecosystem, though specific staking mechanisms are not detailed in available public information. The primary way to acquire NLC is through purchasing it on supported trading platforms or receiving it as rewards tied to the agricultural profit-sharing model. The token's deflationary mechanism, funded by 30% of company revenue, is designed to reduce supply over time rather than through mining activity. Those interested in obtaining NLC should explore the available trading markets and the project's official channels for the most current information on earning opportunities.

How to keep your Nelore Coin safe?

Keeping NLC safe requires standard cryptocurrency security practices. Since NLC is a BEP-20 token on the BNB Smart Chain, it can be stored in compatible wallets that support BEP-20 assets. Hardware wallets provide the highest level of security by keeping private keys offline. Software wallets and mobile wallets offer convenience but should be protected with strong passwords and two-factor authentication where available. Never share private keys or seed phrases with anyone. When trading NLC, use reputable platforms and verify contract addresses before executing transactions. The official NLC contract address on BNB Smart Chain is 0x5f320c3b8f82acfe8f2bb1c85d63aa66a7ff524f. Always double-check addresses and URLs to avoid phishing attempts. For long-term holding, consider cold storage solutions. Regularly update wallet software and be cautious of unsolicited offers or communications claiming to be from the Nelore Coin team. Following these practices helps protect your NLC holdings from common security threats in the cryptocurrency space.