Contributor Credits
Live
Trigger-Based
Contributors get paid when the business reaches a trigger
Contributors can easily "charge" for their work on an early-stage passion-project as a way of ensuring that they share in the profits if the project turns out to be successful.
Contributor Credits
Coming Soon
Revenue-Based
Contributors get paid as dollars/euros arrive
Contributors can easily "charge" for their work on an early-stage passion-project and claim their share of each Dollar or Euro as it arrives.
What is a Contributor Credit (C²)?
A way to pay your collaborators before you have money or even a business.
Each Contributor Credit, written "C²", is a promise to pay $1 the future, when the project or business has cash. If an project pays 300 C², then it must pay the holder of those C² $300 when it either reaches a trigger (like a round of investment) or begins earning revenue. If the project fails to bring in money, then it doesn't have to pay.
When do I use C²?
When you have a cool idea and collaborators to help you build it.
Most businesses start out as projects, experiments to see whether a product or service is useful and valuable. These projects often don't have much funding, and often aren't even part of a registered business. In these cases, the people who contribute to the project need a secure and transparent way to share in its success if goes on to become a valuable business.
Can I trust C²?
Yup. This is why we built it on the Ethereum blockchain.
Remember that C² are essentially promises. By using the blockchain for C² transactions, we are making sure those promises are public, permanent, and impossible to erase. It doesn't even matter if Cooperativ disappears. Your C² are still there in your wallet, and the contract the payor signed is still valid.
Contributor Credits
Live
Trigger-Based
Contributors get paid when the business reaches a trigger
Contributors can easily "charge" for their work on an early-stage passion-project as a way of ensuring that they share in the profits if the project turns out to be successful.
Contributor Credits
Coming Soon
Revenue-Based
Contributors get paid as dollars/euros arrive
Contributors can easily "charge" for their work on an early-stage passion-project and claim their share of each Dollar or Euro as it arrives.
Revenue Share
Coming Soon
Fixed Issuance
Each token is a right to 1% of income
The project issues 100 tokens. Each token gives the holder access to 1% of all the income sent to it. The project can never issue more tokens from this contract.
Revenue Share
Coming Soon
Issuable
Similar to shares in a company
The project can issue as many tokens as it wants. Every new token dilutes the share that each existing token represents.