26 lines
2.3 KiB
Markdown
26 lines
2.3 KiB
Markdown
---
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title: 'ThreeFold Cooperative'
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sidebar_position: 5
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---
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In H1 2025, we plan to establish a Cooperative structure that will unite and represent the interests of all TFGrid Farmers as well as TFGrid Users.
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Cooperatives are powerful, regulated entities with a long history of promoting decentralization and community-driven governance. By forming a cooperative, we can create a structure that not only aggregates the voices and needs of our farmers and users but also provides a legally recognized framework for truly decentralized decision-making.
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Cooperatives are uniquely suited to the decentralized ethos of the ThreeFold Grid. They operate on democratic principles, ensuring that each member—whether a farmer or user—has an equal say in the direction and operation of the network. This approach aligns perfectly with our vision of a decentralized, peer-to-peer infrastructure where power is distributed, not concentrated.
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Moreover, cooperatives are recognized globally as legitimate and effective governance structures. This recognition will help us engage with regulatory bodies and broader societal systems, ensuring that the decentralized nature of the ThreeFold Grid is respected and protected as we continue to grow.
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As long as the TF Cooperative is not up and running ThreeFold Dubai will keep on executing this role and provide full transparancy to the community.
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> LINK TO DAO: The DAO = Decentralized Autonomous Organization is our code which manages the decision process of the TFGrid 4.0
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### **What is a Cooperative?**
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A **cooperative (co-op)** is a member-owned organization where all members share equal ownership and decision-making power. Unlike traditional corporations, cooperatives prioritize the collective benefit of their members over maximizing profits. Key principles of a cooperative include:
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1. **Democratic Governance**: Each member has an equal say in decisions, often following a "one member, one vote" policy.
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2. **Shared Ownership**: Members collectively own and share the profits or benefits generated by the cooperative.
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3. **Inclusive Participation**: Membership is open to anyone who fulfills the cooperative’s requirements.
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4. **Community-Focused**: Cooperatives exist to serve their members and community, often emphasizing long-term sustainability and mutual benefit.
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