Re-Inventing Trade Finance
Mobilising 10 Million Commonwealth Merchants to Start Selling Online Funded By A Global Membership Backers
Re-Inventing Trade Finance
Mobilising 10 Million Commonwealth Merchants to Start Selling Online Funded By A Global Membership Backers
A peer-to-peer trade finance ecosystem where Members (buyers) can buy products for Commonwealth Merchants (sellers) to sell on their behalf to make a profit
How does InventoryClub work?
Buy VNT Tokens
The proposals marketplace is powered by our Ventory (VNT) token. VNT is the crytocurrency used to control the flow of funds in and out of the InventoryClub marketplace. VNT enables members to transact in the InventoryClub marketplace.
A merchant in Nigeria submits a product proposal to the InventoryClub marketplace detailing the products they would like to sell. The proposal consists of the purchase and retail price, the merchant and member profit as well as the sales time frame.
Members Buy Proposals
Members browse the marketplace searching for proposals that offer the right return on capital in a suitable time frame. Once a suitable proposal is found members can purchase the proposal using their VNT tokens. The products from the agreement are placed on the merchants store on Commwea, our consumer marketplace.
An Inventory Finance Agreement (IFA) is created between the member and merchant with details of the purchase price, retail price, merchant profit, member profit and sales time frame. The IFA is a smart contract enforcing the conditions of the agreement.
Get Return on Capital
When a sale happens on Commwea we ship the product to the customer. The member and merchant gets notified of the sale. For each item sold the member receives a payment consisting of the purchase price plus their share of the profit and the merchant is paid their share of the profit.
Want to join the peer-to-peer trade finance revolution?
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Disclaimer
This website and the information provided on this website to visitors, readers and registrants
(“user”, “Member”, “Merchant”, “customer”) has been issued by INVENTORYCLUB LTD
(“InventoryClub”).
It has been prepared solely for informational purposes and should not be construed as an offer
to
buy or sell or
a solicitation of an offer to buy or sell any proposals, VNT tokens or to participate in any
transaction or trading activity.
Therefore, this website and the information contained herein is not intended to be a source of
advice or credit analysis with
respect to the material presented, and the information and/or document contained in this website
do
not constitute investment
advice of any kind. We are not regulated by the Financial Conduct Authority.
The contents are based upon or derived from information generally believed to be reliable although no representation is made that it is accurate or complete and InventoryClub accepts no liability with regards to the visitors, readers or registrant’s reliance on it. The information contained herein is a summary of anything described and is incomplete and provided for the convenience of the visitors, readers and registrants; it is subject to change without notice. InventoryClub Ltd (“InventoryClub”), a private limited company incorporated in England and Wales with company number 11008829 and whose registered office is 8 Nursery Road, London, United Kingdom, SW9 8BP.
