Risk and Accountability
on FairSlice

At FairSlice, our mission is to foster a unique ecosystem that harness the power of creative Brand IP for the good of society.  

We initiate projects with the potential to grow into sustainable companies and gift the majority of ownership stakes to our community members who sign up, championing a new era of inclusive ownership.

Our Commitment to Safety and Trust

We are dedicated to creating a safe and trustworthy environment for everyone involved with FairSlice. While we facilitate the creation of brands and the distribution of ownership, the success and market readiness of these projects are nurtured by our collective effort and the dedication of our team.

We empower our community members with the opportunity to be part of something bigger, with their participation a contribution to a shared vision rather than a transaction.

Understanding the Journey

As participants in this pioneering model, it is crucial for our community members to recognise the nature of their involvement:

Ownership Stakes: The ownership stakes we gift do not come with a guarantee of monetary returns. Our ambition is to grow each projects value significantly; however, the primary reward is the experience and potential impact, not financial gain.

Trust Fund for Shares: To protect the interests of our younger stakeholders, we aim to secure their shares in a trust until they reach maturity, ensuring a responsible transition of ownership.

Value and Risks: The value of shares is subject to the unpredictable nature of business and market forces. We caution that shares may not appreciate, and the companies will bear any costs related to the maintenance and management of shareholdings without passing on liabilities to stakeholders.

Company Costs: All administrative and operational costs relating to shareholdings are covered by us, ensuring that our community members are insulated from financial liabilities associated with the projects.

For our Community Members

Participation: Engaging with our platform offers a unique opportunity to share in the growth of new brands. While direct financial investment is not required, the act of signing up and supporting projects is invaluable.

Ownership and Returns: Equity is managed with a long-term vision, and while direct selling of shares is not facilitated, the framework we've established aims to benefit all involved, particularly as companies grow and succeed.

Responsibility and Risks: We emphasise that participation is rooted in support for innovation and potential societal impact, rather than financial speculation. The journey of each brand is unpredictable, and we prepare our community for a range of outcomes.

Commitment to Community and Transparency

FairSlice requires that each project is it's own independent entity, and each must adhere to our guidelines and fulfill their commitments to shareholders (as outlined in our Terms of Service).

This involves adhering to our ethos of community and transparency, maintaining open lines of communication and utilising resources responsibly to fulfill their vision.

Delivering on promises to our community and sharing both successes, challenges and failures openly is paramount.

Key information for Early Adopters

1. Overview

Our marketplace website operates as a platform where users can buy products listed by companies. Users may also share ownership of a certain amount of equity in those companies, which is displayed on the company listing along with how many products need to be sold in order for the equity to be sold by the company. The investment and shared ownership will be done using a Special Purpose Vehicle (SPV).

2. Investment

Users may choose to invest in a company by purchasing a product listed on our website and sharing ownership of a certain amount of equity in that company through the SPV. The equity amount is displayed on the company listing, along with how many products need to be sold in order for the equity to be sold by the company.

3. Special Purpose Vehicle (SPV)

Everyuser will establish and manage the SPV, which will hold the equity on behalf of the users. The SPV will also collect any payments from the company and distribute them to the users.

4. Equity Ownership

Users cannot sell their equity share in the company, as it is held by the SPV. However, users may receive payments from the SPV in the event that the company makes a profit, subject to the terms of the SPV's operating agreement and any applicable laws and regulations.

5. Payment

Users who invest in a company will receive payments based on the company's profits. These payments will be distributed by the SPV and will be proportionate to the user's share of the SPV. Users will not receive any payments if the company does not make a profit.

6. Liability

Our company is not liable for any losses incurred by users who invest in a company through our website. Users are solely responsible for their investment decisions and any risks associated with those decisions.

2022

The Wealth Gap is out of control.
Businesses are owned by a few people
Those who take all the financial risk, take all of the financial reward.

2032

Company financial success is shared with users
Businesses are owned by the collective
Users have a stake in the success of a company without having to buy shares or work for the company
An ecosystem of Web3 apps owned by its users, for the good of its users.

What we're doing

We reserve a portion of equity for users
Marketplace owned by creators
Marketplace owned by creators

What we're not doing

We don't sell or trade in equities
Get rich quick! This is a slow burn we hope to build up over the next 3-10 years
Marketplace owned by creators