With the Terrae model a producer agrees, against an advance payment, to deliver a certain quantity of product to the counterparty upon harvesting.
How it works
The producer requests Banca del Grano to create a tokenized production contract, by issuing an NFT Terrae
The farmer puts the tNFT Terrae for sale on the platform, defining the price
When a user (transformer or investor) buys NFT terrae, the producer gets the money
At the time of harvest, the producer delivers the agreed product to the owner of the NFT Terrae at the agreed Storage Center.
Credit Icons: Noun Project
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