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Soconomy

Category : Non-Profit & Philanthropic

Type: Public Membership
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Founded: Apr 5, 2007 8:51 AM
Location: CA
California-US
Member(s): 2356
"Soconomy Is Yours"


Soconomy is a social-economic networking website that is owned by it's members through the free and equal distribution of voting class shares to any verifiable member that wants to join this online community.

Soconomy uses nominal commissions from its online auctions to pay for the development, maintenance and day to day operations of the website.

Soconomy shares 60% of advertising revenue with its members based on various metrics like how much content they upload, how many unique page visits their personal page receives, etc...

The remaining 40% of ad revenue is set aside in a pool that is invested at the end of each quarter into new Soconomy services, ventures, and charities that are selected by each member. Members have the option of donating money to any credible organization and the most popular causes will be ranked and awarded bonuses.


If anyone wants to build a publicly owned website that offers all the trendy features of modern social networks then start networking in the forums and make it happen.

It's not like you don't have the skills to make it happen...






www.soconomy.com


GOALS:


1. A group of programmers must build the initial Soconomy website. The first goal is to network with any programmers who know enough coding to make the beta version. This is the crucial step and we will need lots of help from the local teenage prodigy to the seasoned code master.


2. Invite everyone you know to join this group and start contributing their ideas and suggestions. We need a lot of people to make this happen.


3. Update Soconomy website to have the core features like; friend adding, groups, online auctions for each personal profile, photo sharing, blogs, school material with tutor tips, & a bulletin board feature.


4. A team of lawyers will set up a corporation that states in its constitution that every member who joins is entitled to receive a specific yet equal number of shares in Soconomy for free.


5. Hold the first AGM for the board of directors and elect the executive that will manage the day to day operations.


6. Begin selling ad space to advertisers and then pay out the money earned back to the members based on several factors like how many unique views do their pages/blogs receive as well as some other metrics...


7. Donate the first fiscal quarters excess ad revenue to charities selected by each individual member. The charities who get the most support will get additional funding from Soconomy.


8. Invest in an intense research and development project to create new features for the Soconomy members. All members can submit website ideas on the improvement page and they will be voted up or down by the other members.
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