FairCoop launches the first round of investment through its Coopshares project

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Coinciding with the closing ceremony of the Ouishare Fest, where FairCoop was nominated in the category of Collaborative Finance, we launched our campaign of collaborative investment with Coopshares!
Coopshares is a decentralized cooperative focused on providing the FairCoop ecosystem with liquidity and resources to finance the transition to an alternative economy.
It will initiate the creation of:
– A liquidity fund for building a trusted and resilient economic ecosystem around the world, that provides support for the activity of all the services and users involved.
– A cooperative investment fund for Coopshares projects and for the development of a P2P equity crowdfunding platform to invest in social capital of cooperatives as a key resource for the Fairstarts incubator project.
– And a development fund to promote FairCoop over the next 12 months, supporting projects including FairCoin 2.0, Coopshares, FairMarket, Fairstarts and Faircredit.
To accomplish all this, it aims to create a P2P equity crowdfunding platform (known as crypto-equity) focused on cooperatives, social enterprises and productive projects. It will be supported by FairCoop and it will be based on Faircoin.
“Coopshares will be the first P2P cooperative platform available to help other cooperatives”
The Coopshares platform will be characterized by investment in cooperative projects and by eliminating the speculative element that currently exists in the cryptocurrency marketplace, through a system by which the cash inflows and outflows for each token of social capital would be linked to the growth and degrowth of the number of shares instead of their value, in accordance with cooperative values.
Taking advantage of the power of Faircoin both as a store of value and as the currency at the service of the cooperative ecosystem, Coopshares aims to solve one of the key problems that cooperatives and non-profit enterprises face when they try to find investments for these type of projects.

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