A Platform for the Crypto Finance of the Commons
What is RHC2.0
A new kind of democratically governed decentralized financial cooperation tool,
a community for risking and speculating together, prototyping new financial instruments,
also offering a legally compliant service to have exposure to the crypto market and continue to innovate in the cryptoeconomics field.
What is Robin Hood?
The Robin Hood Asset Management Cooperative started in 2012 as a Wall Street alternative hedge fund for supporting independent projects, and is now finalizing the software application that will ultimately transform it into A Platform for the Crypto Finance of the Commons.
The coop members (its owners) and supporters all over the world have been waiting for this. At the moment we are about 850 members. One member one vote.
In the past we have funded different international Commons based initiatives, collaborated closely with and inspired yet many more into the future of autonomous organizations. People see the new platform as yet another Robin Hood contribution towards a fairer world.
This new platform presents both an innovation in technological and legal terms by offering cooperative shares in the form of peer to peer exchangeable cryptotokens - a legally compliant service to provide exposure to the crypto currencies markets.
Robin Hood continues to reclaim finance as a tool at everyone’s favor, not for the 1%, nor for the powers of predatory and extractive economies that exhaust both human and natural resources.
For the last 8 years Robin Hood has been a celebrated laboratory of new modes of cooperation and self management around money, a hub for political economy thinking and a collective of bold minds that insistently aim at better access and distribution of financial means and wealth creation.
The old Robin Hood shares need now to become a cryptocurrency. As much as other areas of life, the digitalization of money is a reality and it just isn’t the mainstream yet because the banking industry and other hegemonic extractive institutions have little or nothing to benefit from democratically governed, decentralized and distributed financial cooperation tools such as the one we are here presenting.
As a hub for new autonomous economic spaces, we believe this platform will bring value to the cooperative, its members, its related projects and the common good.
Democratizing Finance on the Blockchain
We will have a cryptotoken (new version of the old cooperative shares) that offers the possibility to design new portfolios and include new tokenized asset classes in legally compliant ways. This token can be peer-to-peer exchanged, so is therefore a token that has “moneyness” outside the coop, functioning as other cryptocurrencies you might have heard of.
From the cooperative movement perspective the innovation is in the flexibility, decentralization and distribution that the cryptotokens afford; from the crypto perspective the innovation is the legal and governance model that a cooperative’s form gives to a crypto-organisation.
Our project is to become a new kind of democratically governed decentralized financial cooperation tool, a community for risking and speculating together, prototyping new financial instruments, also offering a legally compliant service to have exposure to the crypto market and continue to innovate in this field.