ICO Today Magazine News
Commerce CO-OP is an enterprise owned by Shoppers and Brands, managed democratically, that aims at fulfilling the holistic needs of the Shopping journey. The CO-OP members operate within the interplay of supply and demand, independently of centralizing middle men which allows for fair prices and incentives for goods and services. This conjoined economic participation between CO-OP members is natively deterministic within the rules and operations of the SHOP Protocol intended for mutually beneficiary value exchanges.
The Commerce CO-OP is not another retailer, eCommerce platform, or centralizing authority. We are an entity designed to operate for the benefit of all participants in a member-led democracy, decentralizing and reorganizing the retail core onto a blockchain protocol.
This radical redesign of supply chain economics provides a new type of alignment that the system has never seen before. Making data available empowers CO-OP members to create new kinds of value exchanges, fair approaches to margin and price, and represents an opportunity to drive innovation in unforeseeable ways.
As the most authentic way of managing a physical, real-world structure of people and companies against the decentralization of a blockchain protocol, the CO-OP commits to the principles guiding the cypherpunk dream. We’re not here to control how these entities are going to interact and collaborate. We are here for our members and the innovative ways they choose to engage.