Flagship Product · Live on Sui
Real-world assets.
Global liquidity.
A farmer delivers nutmeg. Tokens appear on his phone. He can hold for surplus, or exit to USDC immediately when he needs liquidity.
The Problem
Billions flow through Caribbean commodity markets.
Farmers wait months to get paid.
Traditional commodity cooperatives operate on long timelines — farmers deliver, receive a small advance, and wait for the full payout until the lot sells overseas. The system works, but it locks value in place for weeks or months. Spice changes the timing.
How It Works
James is a nutmeg farmer
in Grenada.
- 01
James delivers nutmeg
Same process as always. The cooperative weighs, inspects, and pays the standard advance. Nothing changes for James here.
- 02
Delivery is recorded on Spice
The receiving officer enters the delivery. James receives NUTMEG tokens on his phone automatically — each representing 1 kg in the pool.
- 03
James chooses: hold or exit
He can hold his tokens and wait for full surplus when the lot sells. Or he can sell immediately for USDC if he needs cash now.
- 04
Lot sells overseas
Surplus is automatically distributed to all token holders, pro-rata. Transparent, trackable, and instant — no waiting months for a check.
The Key Insight
James signs in with Google. He never sees a wallet, a gas fee, or a blockchain. He sees a number on his phone — and a button that turns it into cash.
The blockchain is invisible. The product is a savings app that happens to be backed by tokenized nutmeg. That is the entire design goal.
Technology
Zero friction.
By design.
The blockchain is a tool — not a product. Every technical decision is made to hide complexity, not showcase it.
Core Innovation
Why it feels simple.
zkLogin + sponsored gas.
Sui zkLogin creates an invisible, non-custodial wallet from a Google account. The blockchain stays behind the scenes, while the user simply signs in and uses the product like normal software.
Anansi sponsors transaction fees, so the experience behaves like a consumer app instead of a crypto workflow. The infrastructure matters, but it does not need to surface.
Built on Sui
Sub-second finality. Sponsored gas. Native support for zkLogin. Transaction fees under $0.003 — fast enough for real-time commodity trading.
Real asset backing
Every token represents physical inventory held by a licensed custodian. The pool is transparent, auditable, and redeemable.
Deep DEX liquidity
Tokens trade against USDC on Cetus. Holders can exit to dollars instantly, 24/7 — no intermediary, no waiting for the cooperative.
Beyond Nutmeg
One platform.
Every real asset.
The architecture that tokenizes nutmeg can tokenize any real-world asset. Adding a new commodity, country, or asset class is a configuration change — not a rebuild.
Now
Agriculture
- Grenada Nutmeg, Cocoa
- Jamaica Coffee
- Mace, Spices
- Partner onboarding
Next
Real Estate
- Caribbean villas
- Boutique hotels
- Fractional ownership
- Diaspora investment
Future
Revenue Streams
- Rum distillery cash flows
- Tourism revenue
- Carbon credits
- Renewable energy
Who It's For
Three roles.
One platform.
01
Farmers
Deliver commodities as normal. Receive tokens on your phone. Hold for surplus or exit early for cash. Fees are zero.
02
Custodians
Cooperatives and licensed buyers record deliveries through a simple admin interface. No blockchain knowledge required.
03
Investors
Buy commodity-backed tokens for yield. Real asset exposure, transparent redemption, instant USDC settlement.
Try it now.
Open Spice in any browser, see the flow end to end, and understand how commodity-backed liquidity can work without crypto friction.