by 1 The problem Acces to investments and different ways of funding is most probably the biggest problem that cooperatives, social enterprises and peer to peer production projects have always faced. The legal difficulties of investing in a coop if you are not a member, the scarcity of tools existing to do it, or the perception of most investors that a coop or a social enterprise is not a good way to make money are some of the difficulties that coop entrepreneurs have against them. The ethical and cooperative banks are helping in this area, but they don't invest in risky projects that are just beginning, or they loan only small amounts, which makes only small projects possible - and this is one of the reasons why corporations dominate the global economy, although every day more people are turning to cooperative ways of organising. as an open global cooperative focused on the use of P2P money with the intention of building a new economic system, would seem to be a logical agent (amongst others) to provide leadership towards the solution of this challenging problem, and Coopshares is a key proposal to make it possible. 2 The solution: Coopshares Coopshares is a decentralised cooperative destined to provide FairCoop and the global open cooperative ecosystem with sources for funding and liquidity to make it easier and less risky for everyone to be involved in the transition to the new social economy that is going to be born after the era of capitalism. It will be a key resource for the Fairstarts plan, used to build a network of incubators and accelerators focused on open cooperativism and P2P/Commons production. *See: https://fair.coop/fairstarts-a-network-of-incubators-for-a-collaborative-economy-and-p2p-production 2 The solution: Coopshares (functions) - Liquidity provider for monetary markets based in Faircoin. The aim is to bring liquidity and stability to the Faircoin open markets and make it easier for investors to get in and get out of Faircoin and related tokens. - Liquidity provider for cashout services, creating resilence for cashin and cashout of Faircoin, in projects like Fairtoearth, Fairmarket and Coopshares itself. - Develop and sustain a crowdfunding cryptoequity for the FairCoop ecosystem as a key resource of the Fairstarts project. - Create a Cooperative Investment Fund for projects presented at Coopshares. - Provide funding for the development of the FairCoop ecosystem in a way that gives investors ample possibilities to recover and eventually profit from their investment in the project. 3 The mission Create a functional way of investing in innovative coops and not-for-profit enterprises that are aiming to change the world. We would like to Faircoin achieves a marketcap at least €10 million, which means a value of €2M for the Fairfunds and as a part of That €200.000 for the pooled fund. Crowdinvestment Campaign Goals: >> € 100.000 for FairCoop developments. >> € 200.000 for the Coopshares Investment Fund >> € 700.000 for a liquidity fund to add security to the FairCoop economic system. Every year - if needed - a new crowdinvestment campaign would be launched. 4 Who could be involved Investors Entrepreneurs of cooperative projects Working partners Common good promoters ("commoners") ... 5 Our competitive advantage We are the first cooperative P2P platform available to help all other cooperatives. Thanks to our commitment to Faircoin we have a cryptocurrency tool available to help us build a cooperative environment for the commons, whereby both seeding cooperative values and benefiting investors can be combined. 6 Calendar The plan is scheduled to come to fruition within six months from its launch in May 2015. 7 – FairCoop tools to develop with funding FairCoin 2.0: an important blockchain-based innovation to allow the Faircoin blockchain to function, secured with 'proof of cooperation', and bring to the world a really functional alternative to the current unfair systems that are based on competition between nodes: 'proof of work' and 'proof of stake'. Fairstarts development: Other tool for sharing skills and knowledge that will need to be built with the direct support and collaboration of local incubators is the development of the Fairstarts Network of Incubators for a Collaborative Economy and P2P Production. Fairmarket consolidation: Fairmarket has already launched the alpha testing version. After that the functional beta will be released. In this way we will arrive at the final version of the full-featured marketplace needed to build the post-capitalist network economy that all of us deserve. FairCoop ecosystem developments: There is endless work to be done in updating FairCoop, extending the network, making new connections, improving the existing tools and energising the participatory process until it becomes strong enough to launch the Fairfunds. Improvements to tools, sustaining and taking care of the whole ecosystem, extending and promoting local nodes around all the world; this important work also deserves some funding. Faircredit: is the most anticipated monetary tool of the FairCoop ecosystem. We have a very complex development process awaiting us in order to build an innovative decentralised monetary system; not only for the FairCoop ecosystem, but also as a practical example on how to recover the sovereignty of the people related to the access to credit as a commons. 8 What is the growth potential for Faircoin? 8 What is the growth potential for Faircoin? 9 Different ways to participate 10 Why invest If you want to participate in solving the age-old problem of bringing together the financial interests of both investors and cooperatives, then this is the project for you. You can be part of a global financing solution, enabling sources of funding which will provide the liquidity that FairCoop and the global open cooperative ecosystem need, and also benefiting as an investor without having to compromise cooperative values. At the same time you will be involved in the transition to a new post-capitalist social economy. www.coopshares.net by
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