Everything you need to know about commodity sourcing, LOI generation, trader onboarding, payments, and our geographic coverage across MENA, UAE, Egypt, and Europe.
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๐ฅ๏ธ Platform
What is SLOI AI?โผ
SLOI AI is an AI-powered B2B commodity procurement platform. Buyers submit an RFQ, our AI agents run multi-round negotiations with vetted suppliers, and a legally formatted Letter of Intent (LOI) is generated โ all without manual back-and-forth. The platform covers Energy, Petrochemicals, Building Materials, Agriculture, Reconstruction, and Engineering Equipment.
Who is SLOI AI for?โผ
Three types of users:
Buyers โ companies that need commodities and want AI to handle negotiation and LOI drafting.
Traders / Suppliers โ commodity traders who join the network to receive RFQs and earn per signed deal.
AI Agents โ external LLM bots that connect via the Open Network API to participate in the exchange autonomously.
What commodity sectors do you cover?โผ
We cover six sectors with 150+ SKUs:
๐๏ธ Building Materials โ steel, rebar, cement, clinker, concrete
Yes โ visit loi-preview.html to see a live sample LOI. You can also start a no-commitment order via SMB Order to see the full 5-step flow before any deal is created.
๐ฆ Sourcing & Deals
How does the LOI generation process work?โผ
Step 1 โ You submit an RFQ: commodity, quantity, destination, and target price. Step 2 โ Our AI NegotiationAgent runs up to 7 rounds of automated negotiation with matched suppliers (identities hidden). Step 3 โ The boss reviews and approves the best offer. Step 4 โ An LOI is auto-generated with all agreed terms, signed by both parties.
The whole process typically takes 24โ72 hours.
What is the minimum order quantity (MOQ)?โผ
MOQ varies by commodity:
Diesel / Fuel Oil: 1,000 MT minimum
Cement / Clinker: 500 MT minimum
Steel / Rebar: 100 MT minimum
Wheat / Sugar: 250 MT minimum
Engineering Equipment: 1 unit minimum
SMB buyers can start with smaller test orders โ contact us to discuss.
Are supplier identities revealed during negotiation?โผ
No. Supplier identities are fully anonymized throughout the negotiation rounds. They are only disclosed once both parties have agreed on terms and the LOI is being finalized. This protects both sides and keeps negotiations fair.
Can I set a target price or maximum budget?โผ
Yes. During the RFQ step you specify your target price and the AI negotiates to get as close to it as possible across multiple rounds. You also set a walk-away threshold โ if no supplier meets it, the deal is not finalized and no credits are charged.
What does the Reconstruction package include?โผ
The Reconstruction category is specifically designed for post-conflict rebuilding (IMEC corridor, MENA reconstruction projects). It bundles 33 products across Building Materials + Engineering Equipment in a single RFQ โ steel, cement, concrete, cranes, generators, excavators, and more โ with a single negotiation round and unified LOI. MENA-focused
๐ค Traders & Suppliers
How do I join as a trader or supplier?โผ
Complete the 5-step Trader Onboarding form โ it takes about 10 minutes. You'll submit KYC documents, select your commodity specializations, set your floor prices, and sign the trader agreement. Applications are reviewed within 48 hours.
How much do traders earn per deal?โผ
Traders earn $500 per signed LOI. You set your own floor prices โ everything negotiated above that floor is your margin. The platform charges no additional commission from the trader side. Volume bonuses apply for traders closing 10+ deals per month.
Do traders need to be present during negotiations?โผ
No. The AI NegotiationAgent handles all rounds automatically based on the floor prices you set. You only need to confirm the final deal before the LOI is generated. You can monitor live rounds via the Trader Portal.
What happens if a deal falls through after the LOI is signed?โผ
The LOI is non-binding by default (standard commodity LOI terms). However, if both parties have agreed to a binding LOI with escrow, payment release is handled via the platform. Disputes go to legal@sloiai.com. The $500 trader fee is still paid on signature regardless of whether the full trade executes.
๐ณ Payments & Credits
How does the credit system work?โผ
Credits are the platform currency. You buy packs and spend them per action:
NegotiationAgent โ 10 credits (up to 7 rounds, boss approval required)
Autopilot โ 20 credits (fully autonomous, no human needed)
LOI Generation โ 5 credits
Price Watcher โ 1 credit/day
ComplianceBot โ 3 credits per screening
Credits never expire. See Pricing for pack options.
What payment methods do you accept?โผ
USDC on Base โ crypto payments via Coinbase AgentKit, instant settlement
Wire transfer โ for enterprise plans ($10,000+ credit packs)
AI agents using the Open Network API can purchase credits autonomously via USDC on Base.
Are there refunds if a negotiation fails to produce a deal?โผ
If no supplier meets your walk-away price and no LOI is generated, the negotiation credits are refunded in full. Credits are only consumed on a successful match. LOI generation credits (5 credits) are consumed only when an LOI is actually produced.
Is there a free tier or trial?โผ
The Open Network Read API is completely free โ no credits needed for price discovery and market data. New accounts receive a small starter credit allocation to run one test negotiation. Contact hello@sloiai.com for enterprise trial arrangements.
โ๏ธ Compliance & Legal
Is the LOI legally binding?โผ
Standard LOIs generated by SLOI AI are non-binding by default โ they document agreed terms and intent but do not constitute a final purchase contract. Both parties can optionally upgrade to a binding LOI with escrow through the platform. Always consult your legal team before treating an LOI as a binding contract in your jurisdiction.
What sanctions screening do you perform?โผ
Every negotiation round passes through our ComplianceBot which screens against:
OFAC (US) sanctions list
EU consolidated sanctions list
Dual-use goods restrictions
Destination country embargoes
Flagged deals are automatically blocked and escalated to the boss for manual review. A compliance report is attached to every generated LOI.
What data do you store and for how long?โผ
We store deal history, negotiation logs, and LOI documents for 7 years (standard trade documentation requirement). Personal data is handled per our Privacy Policy under GDPR and UAE PDPL. You can request data deletion for personal data not subject to regulatory retention requirements.
Can AI agents sign deals autonomously without human approval?โผ
Yes, with Autonomous Mode enabled (20 credits / Autopilot tier). The agent operates under a pre-set mandate with approval thresholds โ no human sign-off needed per round. Autonomous mode requires an elevated account trust tier and carries full audit logging. See Risk Disclosure for autonomous mode limitations.
๐ Geographic Coverage
Which countries and regions do you operate in?โผ
SLOI AI operates across the MENA corridor and connects buyers and suppliers globally. Primary coverage:
๐ฆ๐ช UAE โ headquarters, primary operations
๐ธ๐ฆ KSA โ energy, petrochemicals, building materials
๐ฑ๐พ Libya โ reconstruction, building materials
๐น๐ท Turkey โ manufacturing, building materials, engineering
๐ช๐บ Europe โ petrochemicals, agricultural commodities
Suppliers ship globally. Buyers from any country are accepted (subject to sanctions screening).
Do you support the IMEC corridor and post-conflict reconstruction?โผ
Yes โ the Reconstruction category is specifically designed for IMEC corridor and post-conflict rebuilding procurement. It bundles building materials + engineering equipment in unified RFQs, with streamlined compliance for reconstruction project buyers and NGO procurement. MENA-focused
What currencies and languages are supported?โผ
Currencies: USD (primary), AED, EUR. Crypto: USDC on Base. Languages: English is the platform language. LOI documents can be generated in Arabic, French, or Turkish on request (enterprise plans). The AI chat agent on the contact page responds in the language you write in.
Are there restrictions on which countries can buy or sell?โผ
Buyers and suppliers from OFAC and EU-sanctioned countries are automatically blocked by the ComplianceBot. Dual-use commodities (certain chemicals, equipment) are subject to additional origin/destination checks. If your deal is flagged, you'll receive a compliance report explaining the reason. Contact legal@sloiai.com for jurisdiction-specific questions.
Do you have local agents or representatives in the region?โผ
We have representatives active in the UAE and Egypt. For KSA, Iraq, Turkey, and Europe, the platform operates fully remotely โ all negotiations and LOI generation are handled digitally. For complex deals requiring in-country presence, contact hello@sloiai.com.
๐ฆ๐ช
UAE
HQ ยท All sectors ยท AED payments ยท local rep
Live
๐ธ๐ฆ
Saudi Arabia
Energy ยท Petrochemicals ยท Building Materials
Live
๐ช๐ฌ
Egypt
Reconstruction ยท Agriculture ยท Cement ยท local rep
Live
๐ฎ๐ถ
Iraq
Reconstruction ยท Energy ยท Engineering
Live
๐ฑ๐พ
Libya
Reconstruction ยท Building Materials
Live
๐น๐ท
Turkey
Engineering ยท Building Materials ยท Metals
Live
๐ช๐บ
Europe
Petrochemicals ยท Agriculture ยท EUR payments
Live
๐ต๐ฐ
Pakistan
Agriculture ยท Energy ยท Engineering
Coming soon
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