APFC token market price development
Dear Clients,
According to Whitepaper, a key attribute of the APFC token is that the funds raised through its sale are used to purchase agricultural land and to finance agricultural projects in the Czech Republic. The value of the APFC token is therefore correlated (correlation) with the value of agricultural assets owned by APF GROUP.
As an example, we present the correlation between the development of the market price of the APFC token (source: CoinGecko) and the development of the total area of agricultural land owned by APF GROUP (source: APF GROUP) for the comparable period of 2024.
This correlation represents a kind of "gold standard" for the project of tokenization of agricultural land. In our case it is defined as the "VERDANT standard".
The VERDANT standard is expressed in terms of the value of agricultural assets owned by APF GROUP and represents the fair value backing of the APFC token. This standard reduces the risk of price volatility, lack of liquidity and the ability to meet all obligations related to holding the APFC token.
Definition:
Correlation means a correlation between two random processes or random variables. If one of the random variables changes, then the other changes and vice versa. If a correlation is identified between two random processes, it is likely that they depend on each other.
The gold standard is a way of expressing the value of a currency in a monetary system where the standard economic measure is gold.
If you have any questions, please do not hesitate to contact us.
Thank you for your cooperation and trust.