Continuous Organization

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= "Using the Continuous Organization model, organizations can set themselves in continuous fundraising mode while benefiting from solid and flexible mechanisms to align stakeholders’ interests in their financial success".

Description

"The digital economy has radically changed the nature of the relationship between customers and corporations. Today's individuals have switched from being passive consumers to being an essential force in creating value, either by their actual work (think Airbnb, Uber, Apple's App Store, Amazon Marketplace...) or through their data (Facebook, Google...). By leveraging their users' work, organizations in the digital economy have the ability to create products with personalized user experiences that can sustain increasing returns to scale, thus providing investors with large returns on investments. Unfortunately, today's organizations have no simple and efficient way to strongly align the interests of their workforce of users with the financial success of their organization. This is mostly due to today's securities' laws that impose constraints and frictions when it comes to selling and distributing securities, especially to non-accredited investors.

To solve this issue, we propose a new paradigm: the Continuous Organization (CO), a new type of organization designed to align the stakeholders' interests significantly better than in traditional organizations. A Continuous Organization is any kind of organization that set up a Continuous Securities Offering (CSO) by funneling part or all of its realized revenues to a Decentralized Autonomous Trust (DAT). A DAT is a smart-contract with the ability to automatically issues, buy back and cancel fully digital securities called FAIR Securities (FAIRs) to meet market demand using predefined rules." (https://github.com/C-ORG/whitepaper)


Technical Description

"A Continuous Organization is an organization that sets up a Decentralized Autonomous Trust (DAT) and gives it value by funneling part or all of its present or future cash-flows to it.

The Decentralized Autonomous Trust (DAT) is a specific immutable smart-contract that implements a bonding curve contract with sponsored burning to automatically mint, burn and distribute fully digital security tokens that we call FAIR securities (FAIRs). These FAIRs represent a claim on the future cash-flows handled by the DAT.

It is important to note that the DAT is not the organization; like an irrevocable Trust, it is a contract external to the organization." (https://hackernoon.com/introducing-continuous-organizations-22ad9d1f63b7)