Equity
Aquisition
Share Purchase
Membership is acquired through the acquisition of a Permanent Share. Initially this share is valued at $1000USD but its value can be adjusted by The Collective’s membership.
Earned Equity
Membership can also be earned through Project Equity (PE), by participating in a signatory project, a person may earn their membership in The Collective. This means that they will not start earning Ordinary shares on PE until that $1000USD threshold has been passed.
Share Types
Shares would be in two classes:
Permanent Shares
Each Member would be allotted a single permanent share at a value of $1000USD. This share would provide one vote and the member would hold that share in perpetuity and it would provide dividends based on its annual relative value to that of ordinary shares.
This share can only be sold back to The Collective when an individual wishes to cede their membership at the current valuation of that share.
Ordinary Shares
These shares are primarily acquired through participation in JUYAA Media and Signatory Projects as determined via the Project Equity model below. They may also be acquired from time to time as determined by The Collective via cash contributions to the organization. They will also determine annual dividend distribution as outlined below.