What does a $100K investment purchase?
A $100k investment will purchase 1,000 Klismos (investment share) valued at $100 each. This is 4% of the total supply of 25,000 Klismos in this round.
A Klismos is a legally registered investment share in eDemocracy Coop. It will be issued as a limited-edition digital artwork of a chair, along with IP rights over that artwork.
Holders of Klismos have with the following rights (“Klismos Rights”)
What percentage of ownership will $100k purchase?
“Ownership” of a coop is not the same as ownership of a company. Although investors will have rights to dividends and assets on dissolution along with the other rights above, they will share notions of ownership and control of the board with Members.
The Thelo token economy is a critical part of the eDemocracy business strategy. However, the Token economy is not the same as the eDemocracy Coop and so the value of all Klismos will be smaller than the market cap of Thelo tokens. The Thelo treasure will be under the control of eDemocracy Network Society, which will be controlled by eDemocracy Coop. All 1 billion of the tokens in that Treasury will be directed towards advancing the mission and business of eDemocracy Coop and in that respect those tokens can be regarded as non-dilutive financing. However they will not be assets available for distribution to investors on dissolution like other assets owned directly by the Coop.
How to measure the success of a $100,000 investment?
Four factors will influence the value of Klismos;
The value of Thelo will be determined by the size of the market for Thelo and perceived strength and growth potential of the Thelo economy. This will turn on several factors;