For Product: Difference between revisions
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== Purpose == | == Purpose == | ||
The For_Product model changes how we | The For_Product model changes how we fund, build and govern [[User Owned]] supply-chains. | ||
We do not sell shares for money to investors who hope to collect [[Profit]] and [[Rent]] from others. | |||
Instead, we first separate financial investors from workers: | |||
== Strategy == | == Strategy == | ||
# | # We mint 1 Coin for each square meter of Land currently "for sale" on the open market. | ||
# | # We then sell those Coins to buy that Land. | ||
# | # Just like Bitcoin, Coin holders do receive no Land ownership and no rights of governance. The Coin has no redeemable value and no implied financial value. | ||
# | # If all the Coins for a parcel are sold, we buy that land and hold it for now... | ||
# | # We then ask potential Users for the future Objects they want. | ||
# | # We issue 1 Product_Ticket for each requested Object. | ||
# We issue 1 Work_Contract for each job required to fulfill each step in a Product_Ticket supply-chain. | |||
# We issue 1 Land_Title for each area required to fulfill each step in a Product_Ticket supply-chain. | |||
# We then offer a *bundle* of many different Product_Tickets for each Work_Contract signature. | |||
# Finally, we vest Land_Titles to those who complete Work_Contracts. | |||
# The specific Land_Titles you receive are of the same *kind* which "back" the Product_Tickets you selected. As a simplified example, if you selected Bread Tickets, you would recieve Titles in a Farm, a Mill, and a Bakery. | |||
# As an owner, you hold Land to avoid paying Profit and Rent to others. | |||
# As an owner, you may sell surplus Objects, but some % of the profit collected (any amount above 0) must be invested *for the user who paid that profit* to ensure all users gain "their own instance of" the [[Physical Sources]] required for (that same kind of) future production. | |||
---- | |||
https://docs.google.com/document/d/1cRYLXIQnNWfXNU88UvxdlKgdLfOyoXSvl4xyp6xytMU/ | https://docs.google.com/document/d/1cRYLXIQnNWfXNU88UvxdlKgdLfOyoXSvl4xyp6xytMU/ | ||
[[Category: | [[Category:User_Owned]] | ||
Revision as of 00:15, 4 November 2025
Purpose
The For_Product model changes how we fund, build and govern User Owned supply-chains.
We do not sell shares for money to investors who hope to collect Profit and Rent from others.
Instead, we first separate financial investors from workers:
Strategy
- We mint 1 Coin for each square meter of Land currently "for sale" on the open market.
- We then sell those Coins to buy that Land.
- Just like Bitcoin, Coin holders do receive no Land ownership and no rights of governance. The Coin has no redeemable value and no implied financial value.
- If all the Coins for a parcel are sold, we buy that land and hold it for now...
- We then ask potential Users for the future Objects they want.
- We issue 1 Product_Ticket for each requested Object.
- We issue 1 Work_Contract for each job required to fulfill each step in a Product_Ticket supply-chain.
- We issue 1 Land_Title for each area required to fulfill each step in a Product_Ticket supply-chain.
- We then offer a *bundle* of many different Product_Tickets for each Work_Contract signature.
- Finally, we vest Land_Titles to those who complete Work_Contracts.
- The specific Land_Titles you receive are of the same *kind* which "back" the Product_Tickets you selected. As a simplified example, if you selected Bread Tickets, you would recieve Titles in a Farm, a Mill, and a Bakery.
- As an owner, you hold Land to avoid paying Profit and Rent to others.
- As an owner, you may sell surplus Objects, but some % of the profit collected (any amount above 0) must be invested *for the user who paid that profit* to ensure all users gain "their own instance of" the Physical Sources required for (that same kind of) future production.
https://docs.google.com/document/d/1cRYLXIQnNWfXNU88UvxdlKgdLfOyoXSvl4xyp6xytMU/