We are building ProductShare with an ambitious two-fold purpose in mind:
To eliminate or greatly reduce the inequality in distribution of global wealth and resources and
To demonstrate that true purpose of business to improve the lives not just of the shareholders, but the lives of everyone around it , the society at large and the planet we share together.
The How
ProductsShare will achieve these goals by means of creating a community owned and governed Decentralized Autonomous Organization that is designed to be the perfect embodiment of the Conscious Capitalism principles and that eternalizes our commitment to our purpose by translating our values and goals into immutable smart contracts on a distributed ledger known as the blockchain.
Conscious Capitalism
Conscious Capitalism (CC) is a socially responsible economic and political philosophy that businesses should operate ethically by serving the interests of all stakeholders involved—not just corporate management and shareholders. In fact, conscious businesses recognize that some stakeholders like the environment, are unable to speak for them but
must still be part of the value creation equation. The four guiding principles behind conscious capitalism are a higher purpose, stakeholder orientation, conscious leadership, and a conscious culture.
➕ Blockchain Technology
Smart contracts enable ProductShare to codify the values of CC directly into business logic and to achieve a fully autonomous and transparent distribution of economic value in direct correlation with our purpose and mission.
The advent of blockchain technology also made DAOs a reality as a new form of cooperation in a decentralized, provably fair and transparent manner. ProductShare will ensure that 100% of the value generated is shared fairly and equally among the stakeholders participating in its business ecosystem, the people in the community where it operates and the planet we all share together.
= ProductShare
By designing ProductShare as a DAO based on a set of community-governed smart contracts, that serve as the permanent guardian of the values of Conscious Capitalism, we ensure that we always stay on course of our Mission, and have the highest probability of achieving our goals and our ultimate Vision.
By combining profit-sharing smart contracts with the DAO governance model, ProductShare will continually make a socio-economic impact by automatically allocating a large and constant percentage of profits to social impact initiatives that get us closer to reaching our ultimate objectives of eliminating wealth polarization and showing that free enterprise can effect a global transformation into a more just and abundant society.