Fair Financing

for the World's Inventory

Leading a Community that brings Decentralized Finance to Real World Inventory Assets

Origin Tracker leads a group of service providers who, together, link capital from the rapidly growing Decentralized Finance Community, in particular holders of DAI stable coin, with successful brand owners who sell inventory on third party sites and who require finance to grow their business.

Our Community

With our partners we enable a community of crypto capital providers to pool their resources and, based on their risk profile, receive returns from financing of verified inventory.

Centrifuge:

Block-chain &

Smart Contracts

Securitize

Anti Money Laundering

Know your Customer

Track.one

Inventory & Sales History Verification

Menlo.One

Blockchain

DApps 

Powered by Dai

Dai is a stable coin, a crypto currency that is pegged to the USD to manage exchange rate risks.

Dai regularly has a 24-hour trading volume in excess of half a billion US dollars.

DAI has a total market capitalization of greater than one billion US dollars. 

Market Example:

Working Capital Amazon Sellers

Empowering Amazon sellers with friction-free working capital from DeFi backers. Amazon Sellers receive funding for inventory that is already stored with Amazon and has a verifiable Amazon Sales History allowing assessment of sales run rates and average historic pricing records.

Origin Tracker purchases each brand's inventory by offering a price that is marked to market and calculated from historic sales prices after Amazon Costs.

 

Amazon sellers pay a Limited Exclusive Rights Sales Fee to sell their inventory.

 

Dai holders capital helps pay for the inventory purchase through the issuance of DROP (risk averse) and TIN (risk taker) token electronically settled promissory notes and get paid based on sales fee returns.  

Amazon Sellers

DataBased Finance of your Inventory Based on your Historic Sales Activity gives you Access to Fairly Priced Capital

Your inventory is priced based on the last 12 months of sales and your current holdings. You sell the brand's inventory to the community. Each month you pay a licensing fee to the community in return for selling the product on Amazon.

Now the community is financing your Fulfilled-by-Amazon prepositioned inventory; so you can replenish lines that sell faster, improving your Amazon rankings and selling more products.

 

Metrics

Before, if you needed capital to grow your Fulfilled by Amazon brand you were stuck with predatory lenders. But now, you can get fairly priced capital direct from community financing.

Amazon Sellers Funding:

14.99% - 24% APR

Lines of Credit:

18% - 120% Equivalent APR

Factoring (5 Day Advance):

292% Equivalent APR

Purchase of Future Sales:

146% Equivalent APR

How we Verify Historic Sales Data

Granting access to your current Amazon FBA inventory and historic payments allows third party verification activity by the community Oracle Service Track.one.

Plug in to the Community's FBA Oracle

To connect your Amazon seller account to friction-free working capital from DeFi backers you need to grant view access to your Amazon Accounts historic data and current inventory levels.

The Oracle service from Track.one then runs some analysis and creates a standardized report for valuation of your inventory. This report updates as you sell or replenish your items.

How we Analyse your Data

Pulling the last twelve Months of Fulfilled-by-Amazon sales provides the baseline for calculating the theoretical value for the current inventory.

Amazon records the fees it charges against each item so these are subtracted and the average historic sales price for each product calculated.

Each sales cycle the current inventory is retrieved and the average historic sale price for each product used to generate the theoretical value of the current inventory holdings for the brand.

Utilizing past sales activity the time taken to clear each line of product is estimated and an aggregate disposal graph is plotted

This allows the brand to be ranked within the pool, setting both the purchase price from the current inventory the fee for this sales cycle.

Inventory Purchase

Once the consideration is accepted Origin Tracker issues a purchase order for all the inventory held by Amazon Fulfillment for any brand you choose to add to the pool.

We buy all the inventory and you sign an open transfer deed to allow Amazon to move the inventory to our warehouse.

Each sales cycle you continue to sell our inventory under a Limited Exclusive Sales Agreement. 

You can replenish any sold inventory by restocking or we simply adjust your sales cycle fee to rebalance your account.

What we Offer

Data Driven Decisions

By granting access to your Brand’s history and current inventory, data can be third party verified giving confidence to the community.

Immutable Records

Databased finance pre-purchases the inventory and data is locked online for everyone’s reference.

Fair Pricing

Removing the middle men from finance has lowered your costs and increased the returns to capital providers - everyone wins.

Community Funding

Putting the Community's Stable Coins to Work with Real World Assets 

Millions of dollars worth of stable coin sit, unused, in holders wallets world wide. DataBased Finance offers risk averse and risk taker promissory notes to capital providers who are prepared to support existing Amazon Seller Brands by financing their inventory and receiving a fee in return.

 

Tokens represent the initial committed capital and any returns it accrues, they can't be traded as they only pay the original holder of the promissory note, but they can be sold back to the pool if other coin holder are available and willing to replace the initial holder.

 

The tokens are governed by a smart contract that manages the movement of the stable coin between parties and locks the capital committed to DataBase Finance's Inventory specific Non-Fungible-Tokens (NFTs).

 

How we Put NFTs to Work

Once the price for the Amazon Seller's inventory purchase is agreed , the pool takes ownership of the Fulfilled-by-Amazon inventory from the Amazon Seller.

The contents of the purchase order is locked cryptographically and the output hash, along with other descriptors are placed into a file - the Non Fungible Token or NFT - which provides a unique description of the assets that underly the financing.

Each NFT is then listed on the Ethereum Block-Chain as an immutable record ready to be financed by the community.

The Smart Contracts

Issued NFT's are grouped together on the asset backed protocol TinLake. TinLake is operated by Centrifuge.io which maintains a community of individuals who choose to capitalized the Pool.

The protocol utilizes Dai - a stable USD pegged crypto-currency to receive and return capital and fees.

When enough capital is available to finance the pools inventory purchase, the NFTs are locked into the smart contract that automates all future payments.

The Revolving Pool

In the real world levels of inventory fluctuate overtime. When graphed the amount of stock held resembles a saw tooth, with stock gradually reducing over time and then levels jumping back up as a new order from the factory replenishes supply.

Small companies can often only afford to replenish once a year, higher turnover and more frequent replacements indicate a healthier level of sales activity. The communities aim is to supply capital earlier to Amazon Sellers to allow them to replenish as efficiently as possible in line with their sales volumes.

 

This drives the need for a revolving pool, which renews its NFT's periodically to ensure they accurately represent the inventory left. The Amazon Seller can replace their stock with the same or better product before the end of each 30 day sales cycle, in which case the Sales Fee will reflect only the exclusive sales rights fee the pool charges the seller.

 

If our inventory has been sold and not replaced then we receive payment for it in the next cycle.   To achieve this, as each sales cycle ends, the data underlying each NFT is verified by Track.one. If the NFT is still satisfied then it remains in place, if product has been sold and has not been replaced, then this NFT is 'burnt' to prevent its use and a new NFT must be issued based on current inventory levels.

Inbound and Outbound funds

As, by definition, a revolving pool of capital has no end date, community members that commit capital can exit at set durations (currently every 24 hours) from their holdings if there are funds that have been committed to the pool but have not been utilized yet, to replace the exiting capital.

If funds are not available to replenish the capital then a request to exit causes the pool to be frozen. No new Amazon sellers can be added and no new inventory purchased until new capital has been found or the exiting party has been paid out. This eventuality is coded into the smart contract ensuring all parties understand the time their capital can be locked up and the obligations involved.

More Info

Origin Tracker purchases each participant brand's inventory as held by Fulfilled By Amazon. The Amazon Seller pays a recurring fee based on the value of their remaining inventory to maintain their right to sell the product on Amazon. Sales cycles run for 30 days, after which stock levels are assesesd, the next cycles fees are calculated, and the process repeats.​

 

The inventory is financed by a community of risk averse and risk taker capital providers. This allows the brands to pay a fair monthly fee that averages at an equivalent APR of 12% across the pool, and the community to receive a fair return on their risk capital.

 

- Brands that have slower moving, higher cost or historically intermittent sales pay a slightly higher sales fee.

- Brands that have a history of on-time payment, re-supply their inventory often and within proven sales expectations pay less. 

 

This encourages further good behavior from each Brand in the Pool.​

 

Promissory notes are issued by DataBased Finance to pay the community of capital providers based on sales rights fees and income from the inventory as it is sold by the Amazon Sellers. These are managed electronically; risk averse participants purchase DROP tokens and risk taker participants use TIN to purchase junior notes. This tiered financing acts as a level of protection to DROP holders as, in case a brand breaks the agreement, all DROP returns are fulfilled before any TIN payments are made.

 

If a brand does break the agreement, Databased Finance instructs Amazon to recognise the inventory purchase and transfer physical control of the product until it is cleared.​

 

The Pool of Brands as a grouping is designed to evolve and the finance to revolve, with more brands being added and with the brands themselves being able to qualify for more funding as their sales grow or as new product lines take off and sales increase.

Join Us

We look forward to hearing from you...

 

DataBased Finance & Origin Tracker Ltd are Registered Trademarks

Registered Offices:

Origin Tracker  Limited

Rm 1405,

135 Bonham Strand Trade Centre,

135 Bonham Strand,

Sheung Wan,

Hong Kong

Copyright Origin Tracker ® 2021