For Product

Purpose

The For_Product model changes how we fund, build and govern User Owned supply-chains.

The Material Sources of production are held "For Product" instead of "For Profit".

This is a proposed implementation of Propertyleft.

Strategy

Fund

• For each parcel of Land currently "for sale" on the open market, mint 1 Coin for each square_meter of Land.
• For each parcel, sell those Coins to buy that Land. Like Bitcoin, these Coins bestow no rights of governance, have no redeemable value, imply no financial return and do not represent Land ownership.
• For each parcel, if all Coins are sold, buy that Land and hold it for now.

Build

• Ask users for the Production they want.
• Mint 1 Ticket for each requested future Production.
• Ask for the Work and Land required for that Production.
• Mint 1 Contract for each kind of Work required to fulfill each Ticket.
• Mint 1 Deed for each kind of Land required to fulfill each Ticket.
• Offer many Tickets for each Contract signature.
• Deeds Vest to Users who complete Contracts.
• Deeds Vest to Users who receive surplus Production.
• Users hold Deeds to Govern future Production.

Govern

• You may hold Deeds to Govern future Production.
• You may hold Deeds to avoid paying Profit and Rent.
• You may sell surplus Production.
• Some Profit must fund even more Land, which slowly vests to those new Users.
• Each new User must be informed they now hold a tiny amount of (UNALLOCATED) Deeds.
• This ensures all Users gain the Material Sources required for future Production.
• The kind of Deeds you gain are listed on all the Tickets you hold.
• The amount of Land you gain is limited by the amount of Land required by all others.

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https://docs.google.com/document/d/1cRYLXIQnNWfXNU88UvxdlKgdLfOyoXSvl4xyp6xytMU/