Dimitra

price
change

Discover Dimitra's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Dimitra?

Dimitra Token (DMTR) is an ERC-20 utility token built on the Ethereum blockchain. It is designed to support smallholder farmers globally by providing a platform for data-driven farming, enhancing yields, reducing costs, and mitigating risks. The token incentivizes farmer participation through staking and is traded on various cryptocurrency exchanges.

How is Dimitra used?

Dimitra (DMTR) is an exchange-based utility token created on the Ethereum blockchain as an ERC-20 token. It is designed to support the development of sustainable agriculture and organic farming processes. Here is how it is used:

  • Rewarding Farmers: Farmers are rewarded with DMTR tokens for using Dimitra's applications and contributing data to the program. This data is synthesized into valuable information to help farmers improve their crops, productivity, and business.
  • Data-Driven Approach: The Dimitra platform incorporates blockchain technology, mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research to help farmers increase yields, reduce expenses, and mitigate risk.
  • Ecosystem Development: Token holders help drive platform growth and ecosystem development, which in turn expedites the delivery of the app to millions of farmers.
  • Staking: DMTR tokens can be staked, with an initial APY of 13%. The APY changes over time, dropping to 6% after unstaking and restaking, and increasing to 9% and 13% after specific periods.
  • Trading: DMTR tokens are actively traded on several top cryptocurrency exchanges, allowing users to buy and sell them.

Overall, the DMTR token plays a crucial role in the Dimitra ecosystem, incentivizing farmers to use the platform and contributing to its growth and development.

How do I store Dimitra?

To store Dimitra (DMTR) tokens securely, you can use various cryptocurrency wallets. Here are some options:

  1. MetaMask: This web browser extension supports Dimitra and allows you to manage your DMTR funds directly within your browser.
  2. Ledger: A highly secure hardware wallet that stores your crypto keys offline, providing maximum security.
  3. Trust Wallet: A popular digital wallet that supports DMTR and offers a user-friendly interface.
  4. imToken: Another digital wallet that supports DMTR and provides a secure environment for storing your tokens.
  5. TokenPocket: A digital wallet that supports DMTR and offers features like multi-chain support and a built-in DApp browser.

When choosing a wallet, consider factors such as security, convenience, features, and fees. It is recommended to use a hardware wallet like Ledger for maximum security, as software wallets are connected to the internet and are less secure.

How to buy Dimitra?

To buy Dimitra (DMTR) tokens, follow these steps:

  1. Purchase a Base Currency:

    • Buy a cryptocurrency that can be easily purchased with fiat, such as USDT, BTC, ETH, or BNB. This can be done through various exchanges like Binance, Gate.io, or KuCoin, which support over-the-counter (OTC) trading services.
  2. Create an Account:

    • Register an account on a centralized exchange (CEX) or a decentralized exchange (DEX) that supports DMTR trading. Ensure the exchange is reliable and available in your region.
  3. Verify Your Identity:

  • Complete the Know Your Customer (KYC) process by providing a government-issued identification document. Enable two-step verification for added security.
  1. Transfer Base Currency:

    • Transfer the purchased base currency (e.g., USDT) to the exchange that supports DMTR trading. If the same exchange supports both the base currency and DMTR, you can skip this step.
  2. Buy DMTR:

    • Use the transferred base currency to buy DMTR in the spot market. Ensure the exchange supports the desired trading pair (e.g., DMTR-USDT).
  3. Store and Manage:

  • Store your DMTR tokens in a secure wallet, such as Trust Wallet. You can also trade, earn rewards by staking, or transfer DMTR tokens as needed.

Remember to consult the exchange's customer service and local tax authorities for any specific requirements or restrictions in your area.

Discover
Dimitra
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Dimitra

The history of Dimitra (DMTR) is deeply rooted in its mission to empower small to medium-size farmers globally. The project was launched with the creation of the $DMTR token, an exchange-base utility token built on the Ethereum blockchain as an ERC-20 token. This token was designed to accelerate the growth of the Dimitra ecosystem, which aims to enrich the lives of farmers and contribute to the economic development of communities worldwide.

Dimitra's platform leverages advanced technologies such as blockchain, mobile technology, machine learning, IoT devices, satellite and drone imagery, and genomics to help farmers increase yields, reduce expenses, and mitigate risk. The platform has been recognized for its innovative approach, winning the W3B & Blockchain World 2022 Entrepreneurship Award in the Industry Solutions Category.

The token has been listed on various top cryptocurrency exchanges, ensuring its availability for trading and investment. Additionally, Dimitra offers staking options for token holders, providing incentives such as varying APY rates depending on the duration of staking.

Throughout its history, Dimitra has been focused on expanding its reach, with projects already started in 20 countries. The token's utility is evident in its use for transactions within the ecosystem, including the payment for deforestation reports, which are essential for farmers to comply with regulations such as the EUDR.

Overall, the history of Dimitra (DMTR) is marked by its commitment to using technology to improve the lives of farmers and contribute to the growth of the agricultural industry.

Discover
Dimitra
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Dimitra works

Dimitra (DMTR) is a cryptocurrency designed to empower small to medium-sized farmers globally. It operates on the Ethereum blockchain as an ERC-20 token, ensuring transparent and verifiable transactions through Etherscan and the Ethereum blockchain. The token is an exchange-based utility token, which means it has practical uses within the Dimitra ecosystem.

Key Features
  • Blockchain Technology: Dimitra leverages blockchain technology to provide a secure and transparent platform for farmers to manage their crops and livestock. This technology ensures that all transactions and data are recorded securely and openly.
  • AgTech Integration: The platform incorporates advanced technologies such as IoT devices, machine learning, satellite and drone imagery, genomics, and advanced farming research to help farmers increase yields, reduce expenses, and mitigate risks.
  • Marketplace: With the DMTR token, farmers can access a marketplace where they can buy and sell goods, purchase licenses, equipment, and insurance. This marketplace aims to make trading and logistics fast and transparent for all parties involved.
  • Staking: DMTR offers staking, which allows token holders to earn interest on their holdings. The annual percentage yield (APY) for staking DMTR tokens starts at 13% and can increase over time based on the duration of staking.
Purpose and Impact

The primary goal of Dimitra is to enrich the lives of small to medium-sized farmers by providing them with the tools and resources they need to succeed. By using blockchain and advanced technologies, Dimitra aims to increase efficiency, reduce costs, and promote sustainable farming practices. The DMTR token plays a crucial role in this ecosystem, as it enables farmers to access the marketplace and participate in the growth of the platform.

Tokenomics

The DMTR token is designed to drive platform growth and ecosystem development. As the platform expands, the value of the token is expected to increase, creating a compounding effect on the network. The token's utility within the ecosystem ensures that it remains valuable and relevant to farmers and other stakeholders.

Availability and Trading

DMTR is listed and actively traded on several top cryptocurrency exchanges. It is also supported on Coinbase Wallet, allowing users to buy and manage their DMTR tokens securely.

Overall, Dimitra (DMTR) is a cryptocurrency that combines advanced technologies with a strong mission to empower farmers and promote sustainable agriculture practices. Its utility token model and staking features make it an attractive option for investors looking to support the growth of the agricultural sector.

Discover
Dimitra
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Dimitra's strengths

The token Dimitra (DMTR) has several strengths that contribute to its potential growth and adoption:

  1. Utility and Purpose: DMTR is an exchange-based utility token created on the Ethereum blockchain as an ERC-20 token. It has a clear purpose within the Dimitra ecosystem, which is focused on empowering smallholder farmers through technology and data-driven approaches. This utility provides a strong foundation for the token's value and usage.

  2. Blockchain Technology: The Dimitra platform is built on blockchain technology, incorporating mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. This integration of cutting-edge technologies enhances the platform's capabilities and potential for scalability.

  3. Global Reach and Partnerships: Dimitra is already operational in 20 countries and has partnerships with governments, government agencies, NGOs, and for-profit organizations. This widespread presence and collaboration with various stakeholders can help drive adoption and growth.

  1. Staking and APY: The token offers staking with a starting APY of 13%, which can incentivize token holders to participate in the ecosystem and contribute to its growth. The APY increases over time, providing a long-term benefit for stakers.

  2. Transparency and Verifiability: Transactions involving DMTR are always verifiable and transparent via Etherscan and the Ethereum blockchain, ensuring trust and accountability within the ecosystem.

  3. Potential for Long-Term Growth: Price predictions suggest that DMTR could experience significant growth in the coming years, driven by technological advancements, user-friendly platforms, and increased adoption of cryptocurrency.

These strengths collectively contribute to the potential success and value of the DMTR token within the Dimitra ecosystem.

Dimitra's risks

Dimitra (DMTR) is considered a relatively high-risk investment, according to some assessments. This risk is primarily due to the volatility of the cryptocurrency market and the potential for significant price fluctuations. The token's value can be influenced by various factors, including market sentiment, trading volume, and global economic conditions.

Additionally, the token's utility and adoption within the agricultural sector can impact its financial performance. While Dimitra aims to provide innovative risk management capabilities and financial services to smallholder farmers, the success of these initiatives is not guaranteed. The company's ability to execute its strategy and expand its user base will significantly influence the token's value.

Furthermore, the token's staking mechanism, which offers varying APY rates depending on the duration of staking, may also introduce some financial risks. Changes in staking rates or the overall staking environment could affect the token's attractiveness to investors and, consequently, its financial performance.

Overall, investors should carefully consider these risks and the potential rewards before investing in Dimitra (DMTR).

Discover
Dimitra
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Dimitra raise funds?

Discover
Dimitra
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Dimitra’s team

  • Jon Trask: CEO and Founder of Dimitra, winner of the 2023 Government Blockchain Association Annual Achievement Award in the "Social Impact" Category.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Dimitra NEWS REPORT

Latest news

Want an analysis of Dimitra? Tell us on discord.

Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM