In a world that’s rapidly changing, a better, more dynamic economic model is needed. One where wealth is fairly and sustainably distributed and allows for the integration of new tech towards decentralization, transparency, environmental support and social development.
A Decentralized Autonomous Organization is a self-running organization that is transparent, democratic and decentralized. Managed through smart contracts on the blockchain, a DAO can be used to raise capital, manage resources, make decisions and execute plans. It’s the perfect tool for building a new, more equitable and sustainable economy.
Cooperatives are “autonomous associations of people voluntarily united to meet their economic, social and cultural needs and aspirations, through a jointly managed enterprise”. The difference between a DAO and a cooperative? Cooperatives are grounded in the offline world and represent the legal support for our digital platform.
The Coop Network is firstly a growing community, then a business conglomerate that aims to build a more sustainable future and an alternative investment and passive income platform. Anyone can join and contribute, whether it’s through hard skills and expertise or financial investment.
The Coop Network is based on Stakeholder Capitalism, meaning is focused on serving the interest of all stakeholders that are part of the COOP and can contribute as either an employee, specialist or project manager. This economic system differs from Shareholder Capitalism, where the dominant corporate form is legally independent companies. They can pool capital from various shareholders with limited liability, with the added benefits of an open stock market where shares can be traded freely.