Purpose: ProductShare DAO is founded on the principles of Conscious Capitalism with a mission to build a socially conscious e-commerce platform that shares the economic value it creates equitably among its stakeholders. These stakeholders include not just investors, vendors, and customers, but also the communities where ProductShare operates, and the planet as a whole. Our goal is to create a fair and transparent ecosystem that fosters a community-driven approach to commerce, rooted in ethical, sustainable practices that empower individuals, organizations, and the environment.
Core Values:
- Conscious Capitalism: We believe in a purpose beyond profit. Our business exists to improve the lives of all stakeholders and drive positive social, environmental, and economic impact.
- Community Governance: ProductShare is a decentralized platform where decisions are made by the community through democratic voting and stakeholder participation. Governance is enacted through the StakeShare (PSS) token, which allows members to influence protocol decisions.
- Fair Profit Distribution: All profits generated by the platform are shared equally among three key groups: Customers Circle, Co-Creators Collective, and Community Causes. This ensures that value is returned not only to the direct participants in the marketplace but also to charitable and social initiatives.
- Transparency and Trust: All transactions and profit-sharing processes are executed via smart contracts on a blockchain, ensuring full transparency and accountability for all stakeholders. The use of the ShareCash (PSC) stablecoin ensures real-time profit distribution with immutable records.
Pledge: We, the members of ProductShare DAO, pledge to foster an inclusive, harassment-free, and supportive community for all participants, regardless of background. We will act with integrity, empathy, and respect toward one another, ensuring that every voice is valued and heard.
Code of Conduct: ProductShare DAO members are expected to:
- Actively participate in governance and decision-making processes.
- Demonstrate respect for different perspectives and opinions within the community.
- Strive for positive social, environmental, and economic impact through actions on the platform.
- Avoid behaviors that harm the community, including harassment, trolling, or malicious use of the protocol.
Membership Requirements:
- Initiation: Members must agree to this Covenant through an on-chain signature when registering for the community.
- Stake: Members are required to stake a defined amount of StakeShare (PSS) tokens to participate in governance decisions and voting processes.
Council and Tribunal:
- Council: A decentralized council will manage community governance, overseeing platform development, smart contract management, and community pool settings.
- Tribunal: The Tribunal will act as the judicial arm of the community, reviewing disputes and ensuring the Covenant is upheld. Tribunal decisions will be enforced on-chain through smart contracts.
Enforcement: ProductShare DAO combines on-chain governance with community-led off-chain activities. Disputes, governance decisions, and enforcement of community rules will be executed via smart contracts. The Council and Tribunal are responsible for upholding this Covenant, with all actions visible on the public blockchain.
Scope: This Covenant applies to all activities within the ProductShare ecosystem, including interactions on the marketplace, governance proposals, and social media integrations. ProductShare DAO is an evolving organization, and this Covenant will be regularly updated based on community input and democratic governance.
Forkability: As a permissionless and decentralized organization, any community member has the right to fork the ProductShare ecosystem under the same open principles, ensuring the continuous evolution and adaptation of the community-governed marketplace.