Techendeavors is a worker cooperative. We have united as a group to meet our common needs and aspirations through a jointly-owned and democratically-controlled enterprise.
Cooperative businesses are typically more economically resilient than many other forms of enterprise, with twice the number of co-operatives (80%) surviving their first five years compared with other business ownership models (41%).
Our goal is to build a portfolio of companies with the understanding that some companies will achieve greater success than others. With several dozen companies under the Techendeavors Cooperative unbrella, we can ensure that all of our cooperative members have a reliable source of income
Techendeavors coop membership is open to anybody who agrees with our economic and social goals. The annual membership fee is $25 worth of Cryptocurrency, but we allow new members to pay their dues out of received dividends.
Once someone is a member, they can contribute labor and/or funds in order earn a stake, tracked with cryptocurrency tokens, in the projects that we work on.
Once a week, we calculate the profits of each project and distribute a portion of profits to all members based on the tokens they own.