/r/cooperatives

Photograph via snooOG

Here is a place for news and information about Cooperatives (Co-ops), Democratic Workplaces, Collectives, Communes, Intentional Communities, Eco-Villages, etc.

r/cooperatives Rules:

  1. Follow Reddit Content Policy

  2. Submissions must be explicitly about cooperatives. If it is so broad it could be posted over dozens of subreddits, it should not be posted here.

  3. Don't be a jerk, please don't swear. We are here because we love coops. Refrain from insults, attacks, bigotry, etc.

  4. No Memes. Please post memes to more specific subreddits.

  5. Low Effort Posting: many answers depend on context, location, etc. If you are asking a question, give at least a paragraph of context, please. Also remember there are Consumer, Worker, Hybrid type Cooperatives. Basic clarification on Wikipedia

  6. No surveys without moderator approval. Message the Moderators

  7. Any self-promotional or advertisement content (about Coops!) should be generally in a self-post and have the majority of content on reddit. Posting a self-promotional link with no further information in the comments or not replying to comments is low-effort and spammy.

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/r/cooperatives

20,845 Subscribers

10

Monthly /r/Cooperatives beginner question thread

This thread is part of an attempt by the moderators to create a series of monthly repeating posts to help aggregate certain kinds of content into single threads.

If you have any basic questions about Cooperatives, feel free to ask them here. Please also remember to visit this thread even if you consider yourself a cooperative veteran so that you can help others!

Note that this thread will be posted on the first and will run throughout the month.

0 Comments
2024/12/01
02:00 UTC

10

Minecraft server and Cooperatives

Hello,

I'm working on a Minecraft server with some friends, it's starting to generate some income.

I'm really interested into cooperatives, but never started/joined one. Do you think it is viable to run a Minecraft server with a cooperative status ?

2 Comments
2024/11/29
11:41 UTC

18

Co-op relief efforts during hurricane Helene

Hello! I live in Upstate South Carolina, where we got hit by Hurricane Helene over a month ago. I experienced first-hand community members and small businesses come together to meet our needs and even had the chance to witness co-op relief efforts in Western North Carolina. I’ve shared my story on the Critical Mass (@criticalmasscoop) channel for anyone interested in learning more 💙

1 Comment
2024/11/28
04:07 UTC

6

To start a housing cooperative how to share profit and loss between investment and rent

Suppose some founders use investment to buy a building or buy land to build housing, to form a market rate cooperative, and let future members to lease rooms like any apartment. What is a fair way to share profit and loss between the investment that the founders put in and the rent future members pay?

Edit: Typical model is for future members to buy share in the coop before they can "lease" a room. If the money to buy share is as small as a leasing deposit that would not be market rate, but for market rate to buy share not many people can afford it. In a model that just let new members pay deposit like a typical lease, but they become partial owner by paying rent to share profit.

4 Comments
2024/11/27
04:07 UTC

33

I've run my business alone for a few years now, considering turning it into a cooperative.

So, I started a film equipment rental business with 20,000$ and turned it into a multi million dollar business (during the hardest time in the film industries history no less)

But I'm burnt out now, and the novelty is largely gone for me.

It's a fun business with a great reputation and there's no reason not to assume it's going to do well.

My workers all make AT LEAST a living wage (which is much higher than minimum in Vancouver where I am)

I was thinking of opening it up to the film community as a coop. **EDIT** This would not be a worker coopertive as it's a small business with 2 full time and many part time/casual workers and they wouldn't want to take that on themselves they see how overworked i am. :D This would be a coop coop, like where anyone in the film industry here could join on as a member/owner?

The business could 100% be paying me out long term and still be plenty profitable, especially if new ownership also means new capital as well as a buyout/payback scheme.

I did sink years of my life into it, (like, an unbelievable amount of my time, physical and mental health) so while I want to pass this off to a group who's going to continue it's traditions and not just sell it to a big corporate shop, I also need to get something back for my time, energy. Would be happy to stay on as a part owner, but largely would like to be bought out and share the load, use that capital for other stuff, buy that little farm I've always wanted.

I guess my question is, how realistic is this? Anyone done something similar?

9 Comments
2024/11/25
20:06 UTC

3

Best Places to Found a Worker-Co-op

I’m wondering what the best states are to form worker cooperatives?

Thanks!

6 Comments
2024/11/25
16:50 UTC

12

Coop housing in northeast US

Hello, I'm posting here to see if there may be some folks who are looking for a coop living environment who have the passion and energy to help me create that. I live in Maine and reside cooperatively with 5 other people currently, in a home that I personally own. We are looking for another founding member to join us and start the journey of shifting this into a coop, and hopefully also becoming a nonprofit community center over time. There are a number of services we can offer as a coop business - most of us are healers (therapist, nurse, breathworker/reiki, massage therapist) and/or artists (classical pianist, tattoo artist). If this sparks any interest, please reach out. Another thing of note is that we are all queer and we do a lot of land projects and food growing here. The vision and mission is still forming here, for housing and beyond! Thanks 🙏

5 Comments
2024/11/25
12:08 UTC

2

Neill Wycik Student Coop Housing Canada increased rent nearly 50% for the summer

This post is for people to rant about the recent rent increase of this coop.

Background: They have a building reassessment for improvement with a very high quote for renovation. So, the board decided to increase “summer rent” by 50% to cover it (no member vote required for summer rent) as they anticipated members won’t vote for the “ school term rent” increase ever. However, still hinting they are trying to increase everything, including other tactics in the future such as changing the bylaws for them to not requiring member votes, forcing hydro fees to members by installing meters, etc. The board held a town hall where concerned members voiced their opinions about the role but it became hostile as the board kept their stance.

What went wrong? 1/ Chronic financial problem: They chronically messed up the financials for years leading to the current situation which the board and management resourced to this easiest option to save their years of alleged negligence. Obviously, members addressed the enormous rent increase even though for 4 months of summers are too much given economic conditions and punishing summer members and not term members (no rent increase) is not fair. The Board only convinced the members that the increase is only the equivalent of several uber deliveries or outing a month which left member speechless.

2/ Board fiduciary duties: Insiders shared that in the town hall it was unveiled that some of the board did not understand that they have to act in the best interest of the members but the “corporation”. A knowledge member pointed that out and they were embarrassed but later covered themselves that the rent increase will help the building financially aka corporation sustainability hence member of interest. Okay but indirectly. Their responsibility is to balance the conflicting interests of both though they seemed to work for the corporation than considering enough of member interest. Then the board flipped the script on members on what would be the best option besides rent increase… members owed nothing to them. They are elected and be trusted to act on behalf of the members to figure out the best option or challenge on management with the best options. It’s their responsibility.

3/ Board duty of care: The board has to demonstrate that they did all necessary due diligence to come up with the rent increase decision. But they seemed to have failed to do so as members are infuriated about it and all they got was this was the only way etc. They should have shown what options were available and why they made that choice so members can see if it’s the best choice or the lazy choice they/mgt presented but they failed to do so or just asking people to go back to the minutes.

4/ Board financial skills: The board never acknowledged that they need people with financial experience. A source told us that in one of the meetings that recruited interim board member, a director said that they were not looking for financial people. This is clearly a big issue when the building is struggling financially and having capital budgets issues. So all decisions have been allegedly made with none having financial expertise. In the town hall, there was a sentiment of the board that they don’t want to get anymore loans bc they don’t want to pay interest. However, is not that all corporations do, taking out loans to sustain their business unless they are over-leveraged, any finance person would have known that. The board did say they checked with the accountant and they suggested not to. But shouldn’t they do all due diligence and check with the banks to see if they still have leverage?!? If they had financial expertise, there would be a better solution for this and a better risk philosophy for loans taking.

4/ Board conflict of interest: Most of the board members living in units that are not subject to this rent increase (legally) and were still eligible to vote on this. This is a serious conflict of interest issues that the board ignored and kept blaming the legality of it “even they want to pay more”. A numbers of members pointed this out and they seemed to swept it under the rug.

5/ Communication: There used to be a fb group where members can voice their opinions but they quickly change it to a “sale only” page to silent people. Also, in the town hall, over and over their communication has been “for the best interest of the corporation”, “for the financial of the organisation” which infuriates members as they work for them, not the corporation. Moreover, comparing the increase to how many ubers or night outs per month members have to forgo for the rent increase has further upset people and showed that they are completely ignoring member interest and seeing them as enemy for not voting for the rent increase.

6/ Reconsideration plea: Some members ask for reconsideration or at least not make it 50% but the board said it’s locked in without mentioning that in the past there has been petitions that got successful to shut off members. Some members cried as they were on EI and it would be so hard on them.

Wycik Members, it’s your chance to rant in this post if you are reading this.

1 Comment
2024/11/25
08:00 UTC

17

Are all co-ops fully democratically owned and operated?

Do all types of cooperatives have to be one-vote-one-share, or are there types where a founder can own more shares? So it would be employee owned but the companies founder could retain more shares.

A follow up question: Since theoretically a business could have equal ownership, but still one person who makes all of the decisions (like a traditional CEO), would this still be a cooperative?

I’m not at all in a position or interested in founding a business or cooperative, I’m just curious. Thank you

16 Comments
2024/11/25
06:10 UTC

3

What to learn?

I am doing Bachelor of Business Administration in India. What do you think are the relevance of study and theory of subjects such as Management, Marketing, and Organizational Behavior is in today's world? Would like to know how you learned these things if you did.

0 Comments
2024/11/21
06:08 UTC

39

Looking for potential co-founders

This may be a long shot, but I’m looking for people who could be interested in teaming up to form a multi stakeholder cooperative. Ideally, you’d be willing to exchange your time and skills for shares, but am open to other arrangements or ideas.

The idea is audacious, and I welcome any roasting.

It’s a worker/patron/supplier owned ethical alternative to Amazon. I’ve actually already built what amounts to a minimum viable product. It’s currently just me under an LLC, hoping to make enough revenue in the next couple months to pay to convert to a Limited Cooperative Association.

I’m looking for literally anyone who feels they could add value.

33 Comments
2024/11/21
01:54 UTC

12

Ecostarters.com

Hey hope this is allowed. I work for a new site called Ecostarters.com and they are looking to engage new members. Come check them out! Thank you.

🌱 Join Ecostarters Today! 🌍

Looking to start or grow your eco-community? 🤝 At Ecostarters.com, we’re making it easier for people like you to connect, collaborate, and build sustainable living projects.

✨ Here’s what you can do on Ecostarters:
âś… List your current projects to attract new members or resources.
âś… Create or join public and private groups to build a team for your project.
âś… Access agreement templates to simplify project planning.
✅ Engage in our global chat to connect with eco-minded individuals worldwide!

💡 Whether you're starting from scratch or adding to an existing project, Ecostarters has the tools to bring your vision to life. 🌟

👉 Ready to make a difference? Join us at Ecostarters.com and take the next step toward creating a sustainable future. 🌳

Let’s grow a better world together! 🌏💚

#Ecostarters #EcoLiving #SustainableCommunity #EcoFriendly

7 Comments
2024/11/21
01:00 UTC

30

What laws have existed that banned or made it more difficult for worker cooperatives to form?

I'm sure there have been some pieces of legislation historically that either forbid or made things more difficult for worker cooperatives, including in the USSR/China, eastern Europe, and perhaps in some western countries. Any information would be greatly appreciated.

3 Comments
2024/11/18
22:15 UTC

0

Think Blockchain Isn't for Cooperatives? Think Again—Unlocking Its Revolutionary Potential

Blockchain technology often carries a heavy stigma, especially within cooperative circles. It's frequently associated with speculative cryptocurrencies like Bitcoin or Ethereum, environmental concerns due to high energy consumption, and complex technical jargon that's hard to penetrate. Recent critiques, such as Josh Davis's insightful articles "Doubts About 'DAO Tooling'" and "The Blockchain is No Place to Build a Co-op", raise valid concerns about these issues. However, dismissing blockchain entirely—or conflating it solely with cryptocurrencies—is a mistake that overlooks its transformative potential for cooperatives.

I want to challenge these misconceptions and explore how blockchain, when correctly understood and applied, can address practical challenges cooperatives face and potentially spark an economic revolution rooted in our shared values.

Understanding Blockchain: Beyond Cryptocurrency

At its core, blockchain is a decentralized ledger technology that records data securely, transparently, and immutably across a network of computers. Each "block" contains a list of transactions or data entries, and these blocks are linked together in a "chain" using cryptographic principles. This ensures that once data is recorded, it cannot be altered without consensus from the network.

Why Is This Significant?

In today's digital age, we often operate in environments where trust is difficult to establish. We interact online with people and organizations we may not know, relying on central authorities—like banks, governments, or large corporations—to verify identities, validate transactions, and maintain records. While these intermediaries provide a layer of trust, they also create vulnerabilities:

  • Single Points of Failure: If a central authority is compromised, the entire system is at risk.
  • Censorship and Control: Central entities can censor transactions or data, limiting freedom and autonomy.
  • Power Imbalances: Central authorities hold significant power over individuals and smaller organizations.

Cryptography: Building Trust Without Central Authorities

Cryptography enables us to establish trust in this trustless digital environment. Here's how:

  • Security Through Encryption: Cryptographic algorithms secure data, ensuring only authorized parties can access specific information.
  • Verification Without Disclosure: Technologies like zero-knowledge proofs (ZKPs) allow one party to prove to another that a statement is true without revealing any additional information.
  • Immutable Records: Once data is added to the blockchain, it becomes tamper-proof, as altering it would require consensus from the majority of the network.

This combination allows for secure, transparent interactions without the need for intermediaries—a concept that aligns closely with cooperative principles.

Addressing Misconceptions

It's crucial to differentiate between blockchain technology itself and how it's been misused:

  • Blockchain ≠ Cryptocurrency: Cryptocurrency is just one application of blockchain technology. The underlying capabilities of blockchain—secure decentralization, transparency, and immutable record-keeping—have untapped potential in various sectors, including cooperative governance.
  • Environmental Concerns: Early blockchain networks like Bitcoin use energy-intensive methods (Proof of Work). However, newer models employ more sustainable consensus mechanisms like Proof of Stake or Proof of Cooperation, significantly reducing energy consumption.
  • Complexity and Accessibility: While blockchain can be complex, user-friendly interfaces and education can make the technology accessible to non-technical users.
  • Speculation and Scams: The speculative frenzy around cryptocurrencies has overshadowed blockchain's real potential. By focusing on practical, value-driven applications, we can avoid these pitfalls.

Practical Pain Points Blockchain Can Solve for Cooperatives

  1. Enhancing Democratic Participation Cooperatives thrive on member participation, but engaging all members in governance can be challenging, especially in large or geographically dispersed groups. Blockchain can facilitate secure, transparent voting systems where every member can easily participate from anywhere. Votes are recorded immutably, ensuring transparency and trust in the results. Smart contracts can automate governance processes, enforcing bylaws and ensuring decisions are implemented consistently.
  2. Streamlining Collaboration and Resource Sharing Coordinating resource sharing and inter-cooperative trade often involves administrative burdens and reliance on traditional financial systems. Blockchain enables decentralized platforms where cooperatives can trade goods and services directly, using tokens or mutual credit systems representing real value within the network. This reduces transaction costs and barriers, fostering stronger collaboration.
  3. Transparency with Privacy While transparency is essential for accountability, cooperatives also need to protect sensitive information. Blockchain allows for transparency in transactions and governance while maintaining privacy through permissioned structures and zero-knowledge proofs. Data can be verified and audited internally without exposing it to the entire public, balancing openness with confidentiality.
  4. Secure Membership Management Managing member identities and participation securely is crucial. Decentralized Identifiers (DIDs) provide unique digital identities for members, enhancing security and simplifying processes like onboarding, voting eligibility, and access to cooperative resources.

Unlocking Untapped Potential

Despite its challenges, blockchain technology has yet to reach its full potential. Just as the iPhone wasn't the first smartphone but revolutionized how we interact with technology through user-friendly design, we have the opportunity to harness blockchain in a way that could revolutionize how cooperatives engage with one another, their members, customers, and the world.

Introducing the InterCooperative Network (ICN)

To help realize this potential, I've been developing the InterCooperative Network (ICN). The ICN aims to provide cooperatives with blockchain-based tools tailored to our specific needs, avoiding the pitfalls associated with earlier implementations:

  • Energy Efficiency: The ICN employs energy-efficient consensus mechanisms suitable for cooperative environments, minimizing environmental impact.
  • User-Friendly Design: Emphasis on intuitive interfaces ensures accessibility for all members, regardless of technical background.
  • Non-Speculative Tokens: Tokens within the ICN are used for utility purposes—facilitating transactions and governance—not as investment assets, avoiding speculation.
  • Privacy and Compliance: Utilizing permissioned structures and zero-knowledge proofs, the ICN maintains data transparency and verifiability within the cooperative while protecting sensitive information.

A Call for Community Collaboration

I believe the ICN's success depends on being a community-driven project built on the ideas and feedback of cooperators like you. Your insights, critiques, and suggestions are invaluable in shaping a platform that truly serves our collective needs.

  • What are your thoughts on integrating blockchain technology into cooperative practices?
  • What challenges or concerns do you foresee, and how might we address them?
  • Are there specific features or tools that would benefit your cooperative?

Let's Begin a Conversation

Blockchain technology offers us a tool to address practical challenges in cooperative governance, collaboration, and participation. By embracing and shaping this technology according to our values, we can unlock its true revolutionary potential and spark an economic revolution centered on cooperation, equity, and mutual aid.

I invite you to join me in this exploration. Let's work together to clear up misconceptions, harness blockchain's transformative power, and build a more equitable future for our cooperatives and communities.

In solidarity,

Matt

28 Comments
2024/11/18
03:10 UTC

13

Worker-owned preschool coops?

We're in Oregon, looking for any examples, tips...

1 Comment
2024/11/15
05:56 UTC

18

How to set up a cooperative tattoo studio?

I have the opportunity to take over a tattoo studio but, as an anarchist, am interested in settling up something like a cooperative instead of owning it myself. How could this best be done in the specific realm of a tatoo studio? It brings up more challenges than a typical business.

How the studio works
There are resident artists, which pay 140€ or 30% (whichever is less) of what they earn each day they tatoo at the studio, and guest artists, which pay 170€ or 30%. Artists mostly get their own clients, although sometimes they get clients through the studio's social media, which promotes them too. In return for their pay artists get supplies and a tatoo space for the days they have booked.
Now the studio has a running cost of around 4.000-5.000€ per month. This goes for rent, bills, taxes, tatoo supplies, some kitchen stuff, a weekly cleaning lady, and a 80% part-time manager (~1.200€) who takes care of social media, getting guests and being there ot receive them, taking care of stock and ordering supplies.
The months that there are little bookings and/or not enough guest artists, the studio goes into red. The first 2 years the studio closed in red, but the last two years it had around 3.000€ of net profit. But take into account that the owner has, of course, never paid percentage himself.

The coop plan
I would like to set up a cooperative with those artists that are interested. My idea is that all residents that would like to be part of the coop would pay equally into a transparent bank account every month to cover the running costs. Everyone can then use the studio as they wish, which would be coordinated through a shared google calendar (which is already the case). The fair percentage that is charged from guest artists would then be distrubuted back to all coop residents at the end of the month or the quarter. This way, everyone is used to paying a fixed monthly amount and they can benefit from getting more guests to come to the studio - incentivising people to recommend the studio to others and keep the vibe inviting etc.

Potential issues & questions
Apart from tattooing, there is a certain amount of work that needs to be put in to keep things going. Those administrative tasks can easily be a full-time job, especially if the time is invested to do it well. I think it wouldn't be easy to divide these activities up amongst the coop residents, because 1. most don't want to have to deal with these tasks and 2. these tasks all weight differently in terms of how much time they consume and how much they contribute to the studio's success (it's often not linear). How to deal with this part of the work? Hiring an administrator feels wrong, as the person would not be of equal stading to the coop members but is still an integral part holding it all together and influential in steering the studio's course. But that person being a coop member in the same model as the residents wouldn't work either, as the artists live off the money they make from clients for their tattoos, and the admin of course doesn't tatoo (as I said, admin is a job on itself). So what to do?
Also, how do we buy the studio off the owener's hands as a group? And what to do in the future if new residents want to join the coop or if existing ones want to leave?
Then there are the more typical questions of how to shape the decision making process, like about the decoration of the space, what artists to invite, which promotional platforms to use, what other uses to give the space, etc. How to make sure people contribute "equally"/fairly (since people also often travel to tattoo in other countries/cities)?
Bonus question: What legal pathways are there for us here in Berlin?

Your advice is greatly appreciated, thank you!

8 Comments
2024/11/13
22:03 UTC

8

Renting and owning in a housing co-op?

I've looked around online and on the sub and don't see a straightforward answer. Could a co-op have both people renting and buying homes or rooms in houses? Like if 80% of our people own their home on the cooperative land but 20% rent a house or part of a house? Or would someone in the co-op need to own that house and rent it from there?

12 Comments
2024/11/11
02:28 UTC

8

Who is responsible for fixing this damage?

I live in a small cooperative apartment building. Over the summer we had a communal pipe burst and it flooded half the building. We each called our insurance and got settlements, and the building manager reached out to the building insurance and got money as well. Then we got tested for mold... positive. But too late for our insurance to cover, so we covered and they left gaping holes that needed drywall and painting.

Once everything was dry, the management agent gave each owner their choice of two painting/plastering crews, to redo the damaged drywall and paint the apartments. I chose the one I liked best and the building manager assured me they had worked together in the past and that he did high quality work. So I got everything ready, moved things around and packed boxes and he and his crew arrived.

Near the end I saw some large mistakes that needed fixing, and they said they would fix them. A few were not fixed to my satisfaction and I asked them to fix them again. It became apparent that nobody on this crew knew how to paint or plaster these particular areas of my home. Once they were gone, I took a pretty big look around and saw dozens of major errors. Places I'd asked them to fix were globbed with raw plaster. Drywall wasn't flush. While I hadn't seen it the first time, they painted AROUND my furniture instead of sliding it aside. Instead of one prime coat and two paint coats, as promised in the contract, half the walls were painted midway with primer then a careless coat on regular paint on top. It's a disaster, and in going through my carefully packed boxes I've found that one is missing--one with six Rxs in them. I told my building manager, and he felt that since they'd done the job he should pay them.

I told my board and the building manager, this was two weeks ago, and I took it upon myself to find a painter to fix the damage. I have estimates and chose one I like.

My homeowner's insurance doesn't cover construction mistakes, so here's the question: who pays for this damage?

6 Comments
2024/11/09
23:44 UTC

12

Wondering if Anyone in the NOVA area is interest in joining an Informal cooperative dinner.

As mentioned in the title. I am the worker owner of a tech cooperative and I am thrilled to be making connection with folk in northern virginia especially in the coop atmostphere. I feel like cooperatives are really lacking in NOVA and we could really use some cooperation among cooperatives. Our cooperative Nova Web Development along with others are holding a dinner sometime mid December to foster allyship in the NOVA community. We are a group of immigrant worker owners who strive to build a new system.

Please message me if you are interested, even if you are not part of an organization, interest and commitment is what drives cooperation!

5 Comments
2024/11/09
04:05 UTC

7

Looking for Co-ops in Seattle

Does anyone have any resources in the Seattle area or know of any co-op groups?

4 Comments
2024/11/07
19:38 UTC

11

Boston Housing Co-ops?

Howdy there. Trans woman living in Texas. I'd like to leave. Looking at moving to Boston with my partner, then Seattle. Currently living in a co-op owned by CHEA/NASCO Properties.

2 Comments
2024/11/06
16:34 UTC

15

Artist Co-op: Rappers, Poets, Filmmakers and more

Looking for thoughts, ideas and suggestions on creating an artist co-op in my town. Specifically looking to create a space to share resources, host events and increase member pay at events.

1 Comment
2024/11/05
19:34 UTC

4

What software cooperatives need?

Are there software solutions that are well suited to your needs? Or do you adapt to solutions from other industries?

1 Comment
2024/11/05
19:33 UTC

9

ICN Update: Revolutionizing Cooperative Management, Trade, and Governance

r/cooperatives Post Update: Building the Future with ICN!

Hey, fellow cooperators! I’m thrilled to update you on the InterCooperative Network (ICN) project, which is all about making life easier for cooperatives. Imagine a world where cooperatives can manage operations, govern, and trade with each other without the need for traditional banks or economic systems. ICN is designed as a one-stop platform for cooperatives, offering tools to automate bylaws, handle memberships, share resources, and interact with other cooperatives—securely, efficiently, and on your terms.

How ICN Will Make Cooperatives’ Lives Easier

  1. Seamless Inter-Cooperative Trade Without Traditional Money: ICN’s tokenized marketplace lets cooperatives trade goods, services, or resources directly with each other. Instead of using money, cooperatives can exchange based on need, agreed value, or reputation. This removes reliance on traditional economic systems, enabling cooperatives to thrive in a truly cooperative economy where mutual aid and resource-sharing are front and center.
  2. Automated Bylaws and Smart Governance: ICN’s Virtual Machine (VM) supports a cooperative-specific contract language, allowing each cooperative to automate its own governance rules. By encoding bylaws as smart contracts, cooperatives can ensure that decision-making, voting, and proposal handling follow agreed processes. This not only strengthens transparency and consistency but also frees up time by automating routine governance tasks.
  3. Effortless Membership Management: With Decentralized Identifiers (DIDs) for each member, ICN enables secure, pseudonymous membership tracking. Each member has a unique DID linked to their cooperative, making it easy to verify membership, track participation, and assign permissions without cumbersome paperwork. Membership updates, onboarding, and offboarding are seamless and secure within this framework.
  4. Integrated Reputation System for Accountability: ICN’s built-in reputation system keeps cooperatives accountable and incentivizes positive contributions. Members’ and cooperatives’ actions within the network affect their reputation scores, which can impact their ability to participate in governance, trade, or other collaborative activities. This system helps cooperatives easily identify reliable partners and committed members.
  5. Flexible Resource Allocation and Management: ICN’s resource management tools allow cooperatives to allocate resources directly through smart contracts, helping them manage shared assets efficiently. Whether it’s distributing pooled resources among members or coordinating with other cooperatives, ICN streamlines these processes, saving valuable time and administrative effort.
  6. Real-Time Updates and Notifications: Stay informed with ICN’s WebSocket API, which provides instant updates on key activities like proposals, voting deadlines, resource allocation, and cooperative actions. Automated notifications ensure members are always aware of governance events and operational updates, making it easier to stay engaged and aligned with cooperative goals.
  7. Built-In Tools for Mutual Aid and Federation: Cooperatives can federate on ICN, allowing them to collaborate, share resources, and support each other across the network. By forming federations, cooperatives can create mutual aid networks, pool resources for bulk purchasing, or combine skills and services to tackle larger projects, creating a self-sustaining support system outside of capitalist structures.

ICN’s Core Components and How They Work

Here’s a deeper dive into the technology that makes all this possible:

  1. Blockchain Architecture: ICN’s blockchain securely manages transactions, recording them in blocks to create a tamper-proof ledger. Transactions can range from standard resource exchanges to governance actions within cooperatives. ICN uses Proof of Cooperation (PoC) for consensus, which is efficient and cooperative-driven, avoiding the need for energy-intensive methods like Proof of Work.
  2. Virtual Machine (VM): The VM interprets ICN’s cooperative-specific contract language, allowing cooperatives to define and automate governance, resource allocation, membership handling, and more. This contract-based approach lets cooperatives structure their internal processes directly within ICN, saving time and ensuring consistency in operations.
  3. Decentralized Identifiers (DIDs): Every member and cooperative gets a unique DID, enabling secure, pseudonymous interactions within the network. DIDs make it easy to manage membership, track contributions, and control access, all while respecting privacy.
  4. Reputation System: ICN’s reputation system tracks cooperative engagement and trustworthiness. Reputation scores help cooperatives assess potential partners and members, promoting a culture of accountability and mutual respect. This helps cooperatives maintain integrity in interactions without relying on external validation or traditional credit systems.
  5. WebSocket API: The WebSocket API allows cooperatives to stay connected in real-time, receiving updates on transactions, governance actions, and reputation changes. It enables instant engagement with cooperative activities, keeping members informed without delay.
  6. Automated Notifications and Alerts: Automated notifications inform members of governance events, voting deadlines, and cooperative updates. These alerts ensure everyone stays on the same page and can engage in critical actions without missing key events.

Join Us and Be Part of the Future

ICN’s mission is to empower cooperatives with the tools they need to operate autonomously, trade easily, and collaborate meaningfully. It’s a platform designed by and for cooperatives, supporting values of mutual aid, transparency, and resilience.

If this vision resonates with you, join our community and help us shape ICN into the foundation of a cooperative economy. New collaborators are always welcome! Feel free to join our Discord (link valid for 7 days): https://discord.gg/HvdF96dT or reach out if you need another invite after it expires. Our GitHub repo is open for anyone who wants to dive into the code: GitHub Repo.

Together, we’re building a cooperative future—one where collaboration, transparency, and solidarity define our economy.

2 Comments
2024/11/05
00:32 UTC

33

Fare.Coop Launching!

Hey y'all! Fare.coop is launching! It's a platform cooperative alternative to Lyft and Uber.

Allows drivers to buy-in, share equity and profits, receive 90% of the fare (rather than 30-50% with Uber) and so many more benefits!

It requires input of a referral code to register, feel free to use mine GE29SGGK

Let's replace antiquated platforms that suck wealth from the sources of the value!

Here's the site and press release: https://fare.coop/

Press release: https://fare.coop/news/driver-owned-ride-hailing-platform-fare-co-op-launches-in-california-ahead-of-robotaxi-era/

7 Comments
2024/11/04
00:07 UTC

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