What is Sarafu Trade Network?
The Overview
The Sarafu Trade Network (STN) is a collective business community building initiative. We provide a platform where members can conduct business transactions within the network. The network is a collective of businesses of all types, allowing the ability to more effectively keep trade circulating throughout the community. By targeting all major business categories, our members have a more complete directory and can find the product or service desired. Members also enjoy perks including; general admission to networking events, space or representation at pop-up markets and market share in The Sarafu Trade Network to name a few.
Business transactions within the network are carried out via a specially designed digital currency. All transactions are securely recorded in a complex blockchain ledger. Additionally, the currency is transferable on general crypto currency markets. While a member has the ability and control to exchange the Sarafu Token for dollars, we encourage the circulation of business within the community. Members can arrange their dealings using any combination of monetary means (Sarafu Token, dollars, direct trade, etc).
The combination of a directory that is capable of supporting the vast needs of a community and the incorporation of the Sarafu Token provides an added level of security to network members. Members can leverage the use of the directory and networking events to build relationships and create unique business dealings.

GOALS
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Diversify avenues of trade within a business community.
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Circulate support and commerce in the community.
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Strengthen and unify business relationships in the community.
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Build joint investment opportunities in the community.
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Help businesses liquidate excess product and services
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Become a collective of a businesses of all types, including but not limited to; accounting, advertising, agriculture, automotive, construction, consultation, cosmetology, education, engineering, entertainment, food, finance, information, insurance, health and medical, manufacturing, management, real estate, retail, research, technology, transportation, warehousing, wholesale, utilities and all other services.
Specifications
Sarafu Trade Network members pay an annual fee of $250. Of this annual fee, $50 (20%) is used to maintain the network's platform. Most of the fee (80% or $200) is deposited into the members digital account in the form of Sarafu Tokens. By depositing most of the fee back into their account, we encourage members to trade within the network. Members can increase their number of tokens in their account by trading products and services or converting dollars or other forms of crypto currency into Sarafu Tokens. As more members are added to the network and more capital enters the system, the value increases making the Sarafu Token a sound investment. Members do not have to worry about making any conversions as these tokens are automatically converted within the secure blockchain system to match the value of the dollar that a member applies to a product or service. Members have complete control over their accounts. With these blockchain style accounts each transaction is final and stays on the ledger. If you are working with another member and you send them a payment by mistake, the member you sent the payment to will have to return that payment to you via their secured account. The finalization of each transaction makes fraud a much less likely occurrence as the digital ledger cannot be falsified. The Sarafu Token is embedded in the Solana crypto currency exchange. By existing on the exchange non-members have the ability to invest into the Sarafu Token market. This unique feature adds more value to the Token and widens the customer base. This gives non members the ability to access member products and services adding even more exposure for our members.
Direct trade of products or services is also highly encouraged. An example would be, a member trading [tax preparation services] for [personal fitness training] provided by another member. While this method bypasses the Sarafu Token platform, we believe this practice helps to foster strong business relationships. Bartering is an engaging process that allows a business to leverage excess inventory or services while conserving liquid capital.
Members can elect specific products that they may have an irregular excess of, taking up valuable warehouse space or services that can be rendered at little to no cost to the providing member to offer on the network. It is not necessary to provide all your products and services on the trading platform. STN administrators make it their business to connect members to prospective clientele and via the relationships built in the network, referrals become a natural practice.
The Sarafu Trade Network hosts monthly networking events to help members build meaningful business relationships. General admission to these events is included for all members at no charge. Additional amenities will be available at networking events for a cost. Proceeds raised by any networking events hosted by the Sarafu Trade Network goes towards the maintenance, support and growth of the network. While the majority of the networking events hosted by the STN are exclusive to members only, some events will be open to specially invited businesses and speakers. The administrative team of the STN will also provide regular information regarding other business networking events and resources outside of the network via website or newsletter.
The STN provides a directory of member businesses, an online marketplace and organizes at least 6 markets each year. Membership includes a mix of up to 3 free booth rentals at the market events or spotlight placement on the online marketplace or newsletter. Members also have access to helpful information and resources via their membership portal of the STN website. The STN Directory is a valuable tool for increasing exposure for member businesses. When someone is looking to use their Sarafu Tokens they, in many cases, look to the STN directory. The directory is an organized, easily searchable database of all businesses in the network.
