MX takes farmers and buyers through only 4 easy steps to do price discovery and empowers them to get to a transaction.
1. Create a Scout to permanently link sellers and buyers with similar needs (commodity and location). The Right Price is only possible when the market knows about your need.
2. Create a Lot to communicate the details of a specific portion of your crop to the market, summed up as the 5 P’s (Product, Position, Period of availability (timing), Price, Payment terms) and 2 Q’s (Quality and Quantity).
3. Negotiate the 5 P’s and 2 Q’s anonymously with your counter-party until there is an MX Match (consensus).
4. Submit your Match to get introduced to the counter-party.
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