Fructus

What Is Fructus?

Fructus is a decentralized marketplace where consumers can purchase a wide range of products directly from manufactures and enjoy low and transparent costs with the opportunity to save on costs through participating in promotions. Manufactures will also have the opportunity to compete for consumers and directly interact with them.

Fructus aims at disrupting the business of fresh produce trading and delivery through solving the trust issues concerning fresh produce being GMO's (Genetically Modified Organism) or 100% organic. The platform will also ensure that expired produce is not sold to consumers and eliminate slow and wasteful processes.

How Fructus Decentralized Blockchain For Organic Food Works

To participate in the fresh produce trading, users are required to create an account on the platform. After creating the account, the user will also receive a cryptocurrency wallet. The wallet will store data in the Fructuschain, which is the platform’s decentralized database. The wallet will also have the ability to interact and transact with other users on the Fructus platform using smart contracts.

Once an order is placed via the Fructus web portal or Fructus app, the produce will be delivered to the fulfillment centers where the orders are assembled. Couriers will then pick up the orders from the fulfillment center and deliver it to the consumer.

Suppliers and manufactures on Fructus will register proof of seeds and pesticide they used to grow the produce. The data is then recorded on the blockchain using certified scanners on the Fructus app to ensure that the suppliers and manufactures are not fraudulent. Consumers will then be able to view where the food came from and how it was manufactured.

Fructus Refund Policy

Consumers can also register proof of products that do not meet the set standards and claim a refund of their money. This will encourage the suppliers to send consumers quality and fresh produce in order to avoid refunds. The supplier rating system enables consumers rate the suppliers based on their performance, which will drive towards an honest and transparent ecosystem.

If there are produce that are found to be unfit for consumption, they are taken to the local Fructus-Spot where they are distributed to the local Compost Farms and the initial supplier receives payment for products that would not have been sold.

Fructus Advantages

Transparency

Fructus will promote transparency, as all the transactions on Fructus are processed and recorded on the blockchain and all the parties will be able to track the products and their payment. For instance, customers will have insights on the product origin and what was used to grow it while suppliers will be able to manage their sale and incentives.

Reduced Costs

The elimination of intermediaries between the suppliers and customers will enable them to connect without the need for grocery shops, thus keeping the products cost-efficient and fresh at the same time.

Secure

The use of Fructuscoins instead of fiat currencies will secure and sustain the Fructus network, since all the trades and deliveries will be fully decentralized.

FRUCTUS COIN ICO Details

Parameters Of The ICO

  • Token: FRUCTUS
  • Total token supply: 100,000,000 FRUCTUS
  • Token supply during ICO: 45,000,000 FRUCTUS
  • Token price: 1 FRUCTUS coin = 0.30 USD
  • Accepted currencies: ETH, BTC
  • Soft Cap: 10,000 ETH
  • Hard Cap: 19,500 ETH

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