Kaffea-X is a digital marketplace for the spot trading of specialty green coffee. Our mission is to ensure transparency, trust, and operational efficiency for all participants across the coffee value chain. This rulebook sets forth the standards, procedures, and responsibilities applicable to all users of the platform.

Users may register as:

·       Traders (Importers, Exporters, Roasters or Cooperatives)

·       Researchers (Consulting Firms, Academia and Government Agencies – without trading rights)

All new accounts undergo due diligence and must be approved by Kaffea-X’s Onboarding team within 2 business days. Users must provide accurate information and agree to subscription terms.

Kaffea-X reserves the right to suspend or revoke access due to:

·       Collusion or manipulation

·       Non-payment

·       Repeated failure to fulfill obligations

Each offering must:

·       Contain full set of coffee attributes, including at least one cupping note

·       Be assigned a KUPIC (universal identifier)

·       Be approved by Kaffea-X’s Operations team before going live

If a seller opts to provide samples:

·       Minimum of 10 bags of 250gr samples per listed coffee must be sent to the nearest Kaffea-X’s operating center (North America, Europe and Southeast Asia)

·       Samples must be received by Kaffea-X before listing goes live, or before samples can be offered as part of the listing.

·       Seller identities are hidden from buyers during the bidding process and until a trade confirmation is issued to both parties.

·       Each listing has two distinct IDs: a buyer-facing one and a seller facing one.

Trades are binding when:

·       A buyer accepts an offer

·       A seller accepts a buyer’s counter-offer

·       Kaffea-X generates electronic agreements

·       Parties have 60 minutes to sign

·       Buyer must fund escrow within 1 business day post trade affirmation.

·       Valid for 15 minutes

·       Must be explicitly accepted or expire

·       Cost: $55 per request, payable by the requester of the sample.

·       Dispatched only upon buyer confirmation and payment of the sample fee.

·       All trades settle via third-party escrow service agent

·       Escrow holds buyer funds until warehouse confirmation of coffee readiness for shipment or exporter provides the documentation listed on the Kaffea-X User Agreement.

·       3% total costs per trade:

o   1% from seller proceeds to Kaffea-X

o   2% to escrow agent (split between buyer and seller)

·       Issued to seller’s warehouse post-funding

·       Coffee is released upon confirmation of delivery readiness by warehouse.

·       No collusion or coordinated trading

·       No misleading listings or spoofing

·       All users must register and trade in good faith

Kaffea-X continuously monitors:

·       Order behavior

·       Pricing patterns

·       Device/IP clustering

·       Counterparty concentration

Violations may lead to:

·       Trade cancellation

·       Financial penalties (1% per infraction payable by the party at fault)

·       Account suspension or expulsion

Once confirmed, trades are binding. Cancellations require mutual agreement within 5 minutes or are escalated to arbitration.

Arbitration rights are provided by the terms of the standard Green Coffee Association (GCA) Agreement or the European Contract of Coffee (ECC) Agreement, whichever version applies to any given transaction.

Kaffea-X will maintain platform uptime to the best of its ability. Users will be notified of planned outages. In case of technical disruption, trades in process may be paused or rescheduled.

Kaffea-X reserves the right to modify this rulebook at any time. Users will be notified of changes and given reasonable time to comply.