Farm Ventures Marketplace:
Terms and Conditions for Sellers

Welcome to Farm Ventures, a pioneering ecosystem that harnesses the power of the 4th Industrial Revolution Technologies to transform the agricultural industry and create a more efficient, transparent, and fair system for farmers, suppliers, and communities globally. By participating as a seller in the Farm Ventures Marketplace, you agree to the following terms and conditions:

1. Seller Eligibility and Distributor Status

  • Distributor Requirement: The ability to “ADD ITEMS FOR SALE” is restricted and available to “DISTRIBUTORS ONLY”. To list products and services for sale on the marketplace, you must register as a Distributor with Farm Ventures.
  • Farmers’ Coin: Distributors must have a Farmers’ Coin Wallet with a Farmers’ Coin balance.
  • Supplier Network: By becoming a Distributor, you position yourself as a supplier to the world by linking into our AI-enabled Blockchain systems.
  • Registration: You will need to Login/Register to view the “ADD ITEMS FOR SALE” page and submit a post.
  • Collaboration: Sellers and Distributors are encouraged to collaborate with Farm Ventures in building systems using IoT, Blockchain, Robotics, and other latest technologies.

2. Directory Listing Requirements for Sellers/Distributors

To complete your listing on the Farm Ventures Directory, whether as a general business or a Sole Distributor, you are required to provide comprehensive details through the application forms. This information is crucial for enhancing your visibility and helping customers connect with your business or professional offerings. The forms gather information across several key areas:

  • Basic Contact and Business/Professional Details: This includes your business name or professional/trade name, contact person or your full name, industry type, phone numbers, street and billing addresses, email, trading hours, service area, and payment options.
  • FARMERS’ COIN WALLET ADDRESS:  Essential
  • Social Media Presence: You will need to provide your social media platforms and their corresponding URLs.
  • About Your Business/Enterprise or Professional Offerings: This section requires details about your core identity and what you offer. It includes your official business or professional name, an optional slogan, an optional mission or vision statement, a short and long description of your company or professional background, keywords to describe your offerings, and any accreditations you hold.
  • Products & Services Details: Here, you will detail the specific products you sell, the services you provide, and any areas in which you specialize.
  • Team / Staff Information: This section is for introducing your team or yourself professionally, including main and secondary contact persons and their short biographies.
  • Media Uploads: To enhance your listing visually, you are required to upload specific images, such as a business logo, a featured image, gallery images, and staff/team profile photos, with specified file types and dimensions.

3. Farmers Coin (FC) as Transactional Currency

  • Primary Currency: All buying and selling within the Farm Ventures Marketplace is conducted using Farmers Coin (FC) on a peer-to-peer basis.
  • Stability and Backing: Farmers Coin is a strong and stable currency backed by tangible assets such as gold, land, and organic food from the fertile soils of Africa. It is explicitly stated as being backed by Farmers Coin branded Gold Coins. This ensures a reliable store of value and medium of exchange for sellers and communities.

4. Technological Requirements and Data Integrity

  • IoT and Blockchain Integration: Farm Ventures utilizes Internet of Things (IoT) sensors and Blockchain technology to track and trace information, ensuring truthful data recording and management. Sellers are required to integrate with or utilize these systems.
  • AI-Enabled Systems: Farm Ventures’ artificial intelligence (AI) powered systems enable efficient data analysis, decision-making, and automation. Sellers will interact with these systems for streamlined operations.
  • AI Sensors for Crop Valuation: Farmers are encouraged to install AI sensors in their gardens. These IoT-enabled AI sensors read various parameters, including the value of crops, and broadcast this information, contributing to overall data integrity and valuation within the ecosystem.
  • Robotics and Automation: Farm Ventures leverages robotics and automation to streamline processes, reduce costs, and increase productivity for participants, including sellers.

5. Fairness, Standardization, and Pricing

  • Standardized Pricing: A core mission of Farm Ventures is to create a fair system through standardized prices of products and services. This research aims to ensure basic needs do not suffer from inflation due to loss of purchasing power of traditional currencies.
  • Fair Trade Practices: Participation promotes fair trade practices, contributing to economic growth and development.
  • Research and Validation: Sellers may be invited to join research efforts to validate farm activities and standardize prices of products and services in their community.

6. Listing Products and Services

  • Product Categories: The marketplace supports the sale of a variety of items. Examples include agricultural products, value-added food products, meals, agricultural services, IT services, Farm Venture merchandise, Motor Vehicles, land.
  • Product Information: Sellers are expected to provide accurate information regarding their products, including quantity, price in Farmers Coin, and details such as origin (and quality descriptions.
  • Listing Process: Sellers, identified as distributors, can submit posts to add items for sale.

7. Obligations and Reporting

  • Blockchain Reporting: For certain products, such as Free Range Chickens, sellers are required to submit the blockchain report to their Poultry Club to redeem their money in a year’s time. This indicates a general requirement for specific reporting via blockchain for various products or for certain redemption processes.
  • Truthful Data: Sellers are obligated to ensure all data recorded and managed through the blockchain technology is truthful.

8. Benefits for Sellers

By joining the Farm Ventures ecosystem, sellers can benefit from:

  • Increased Efficiency: Streamlined processes and automation lead to increased productivity and reduced costs.
  • Improved Transparency: Blockchain technology ensures truthful data recording and management, fostering trust.
  • Fairness and Standardization: Standardized prices and fair trade practices promote economic growth and development.
  • Economic Opportunities: Access to new economic opportunities in agriculture within a revolutionary ecosystem.

9. Disclaimer Regarding Transactions:

  • All buying and selling within the Farm Ventures Marketplace is conducted using Farmers Coin (FC) on a peer-to-peer basis. This means that transactions occur directly between the buyer and the seller.
  • Your listing will include an order form, allowing buyers to order directly from you, the seller, paying peer-to-peer using Farmers’ Coin.
  • Therefore, Farm Ventures facilitates the marketplace and directory listing service but is not a party to the individual transactions between buyers and sellers. As such, Farm Ventures is not liable for disputes, quality of goods, delivery, or any other aspect of the direct peer-to-peer exchange between the buyer and seller.

By proceeding to list items on the Farm Ventures Marketplace, you acknowledge and agree to abide by these terms, contributing to the development of a more efficient, transparent, and fair agricultural industry.

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