Notice: This is not an ICO. This is an opportunity to own shares of Petition.io. Allowing you to receive dividends from revenue (from fees), help make company decisions in the shareholder chatroom and more. All trustless through the smart contract so the shares you own are yours, and so are the dividends. You can also sell shares in the future on the Petition.io P2P marketplace (coming September 2018, see roadmap below).
Buy Petition.io Shares
Get access to the shareholders chatroom to state your opinion on vision, design, product and more. Design and UI wireframes will be posted for members to select which ones they like the most and to recommend edits to make them better.
Collection weekly dividends.
All shareholders earn a percentage of fees collected from listings, featuring, advertising fees and peer to peer share sales based on the percentage of shares owned.
For example: Lets say Petition.io made 2 ETH in listing fees, 10 ETH in featuring fees, 50 ETH in advertising fees and 6 ETH from p2p share sales from the shares marketplace. If you owned 60,000 of 1,500,000 shares sold (5,000,000 total shares available but lets say only 1,500,000 have been sold to this date) then you would get 4% off all fees. In this example (2 + 10 + 50 + 6 = 68 ETH * 0.04) you would get 2.4 ETH as a dividend.
Notice: Shareholders must collect dividends weekly from the shareholders dashboard (this calls the collectDividend() function in the smart contract and knows how many shares your address owns).
Sell Shares (if you want)
You can list your shares for sale on the shares marketplace. You set the price and quantity of shares you want to list for sale. This is a good feature for shareholders in the case you need to liquidate or if you want to sell for a appreciated share value.
Notice: If you sell all your shares you will lose access to the shareholder chatroom.
Immutable Petition's, Votes & Signatures
Petitions & Signatures
Using the blockchain to leverage petitions, signatures and votes is ideal due to its imutable nature. Once a petition, signature or vote is recorded onto the blockchain via the Petition.io smart contract the data can never be erased. This prevents coruption, manipulation and the presentation of false data, which is a foundation to what petitions are about.
The Petition.io smart contract is programmed so every feature is trustless. If you sign, your signature is imutable. If you're a shareholder you revshare amounts are held in the smart contract. As a petitioner, voter or shareholder you don't have to depend on any thrid party to use this service. Even in a worse case scienerio, if the Petition.io website goes down, the smart contract still exists so another service can call and utilize the smart contract features.
Change.org is a centralized petition website that raised $72,000,000 giving up an unknown amount of equity (source). Change.org is a centralized company who can manipulate petition's and signatures. No one is saying Change.org is, but Petition.io is saying they have the opportunity to (The Petition.io smart contract does not allow any opportunity to manipulate or change any data).
Petition.io is offered at a lesser valuation and offers better technology then Change.org. 80% of all Petition.io shares are offered to the public to represent a service that is owned by the people and for the people.
Release renew featured petition, advertising deposit feature (can be used to accept donations too) in the UI (already finished and tested in the smart contract).
Release user profiles and directly transfer shares feature (already finished and tested in the smart contract).
Release a more detailed how to page.
Release an in depth advertising panel for Petition creators to spend advertising funds more easily to promote what they believe in (spending advertising funds is already finished and tested in the smart contract).
Release Petition.io peer to peer shares marketplace (smart contract functions already finished and tested).
Release shareholders chatroom.
Revamp design & UI/UX with Shareholders collaboration.
Release Petition.io forum.
Release the iOS or Android (Shareholders will help decide) Petition.io mobile application.
Release the iOS or Android (decided from decision above) Petition.io mobile application.
Serious customer education, political integration & more features as discussed with community and Shareholders.