Return of Investment:
Everyone contributing money or time for initiatives accepted by the community via the voting process, will be considered an investor in the initiative if the community doesn’t have funds to compensate contributors. If the Open Company have cash to pay for a job, it is not considered as an initial investment, but rather as a registration for voting power
All Voting processes and meeting participation will not be paid, for this reason we need to motivate community participation:
To incentivize participation and investment a two-tier scale is set out:
- All members who have over 70% of participation in the voting processes receive a 0,5% increase every 6 months (1% annual) over their Initial Investment, which will be paid whenever the network as a whole generates enough income to do so.
- All members who have over 80% of participation in the Community meetings receive an adicional 0,5% increase every 6 months (1% annual) over their Initial Investment, which will be paid whenever the network as a whole generates enough income to do so.
(It means that the contributions in work and money increase 2% annual maximum for very active and collaborative members. If the community has not generated enough income that year, this money is registered as work performed and receives higher priority of payment for future years).
A monetary contribution will not increase ¨power voting more than 10% in case of small groups¨, only task accomplishment will. For those companies that provide a paid service, the service fee is included as a monetary contribution.
The criterion for payback the investments (work and money contributions) will be FIFO (First In, First Out), but always but always prioritizing paying for the work done first.
Open Company aim to pay back all investment a 3,5 % real money terms per year, but after paying the work done. this money is registered as work performed and receives higher priority of payment for future years. Regarding the investment is not enforceable money, an Open Company incentives money collaboration promising pay the money back as soon as the community generate extra revenues, but also keep the records of the initial Investment and continue paying the 3,5% annualy.
Example: someone, or an organization that gave 30.000 US$ worth in working or money contribution will receive 1.050 US$ (3,5%) per year. Additionally if he/she continue participating (working) in voting processes and community meeting will receive up to 600 US$ (2%) per year even the organization paid the initial investment. This money will be given after the organization paid all the direct labor and other fixed costs. (Payment until 15 of January every year).