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work The Employment Commons Work #
0.01 USD -0.02% 0.00
0.01 0.01
Circulating supply 0
Total supply 296.5M
Uphold Logotype

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work Price

Current Price 0.01 USD
Price Change 24H 0.00 USD
Price Change 24H -0.02%
Price Change 7D 2.75%
Price Change 14D 15.79%
Price Change 30D -2.26%
Price Change 60D 71.80%
Price Change 1Y -19.02%
Market Cap Change 24H 0
Market Cap Change 24H 0.00%
Market Cap 0 USD
All time high (ATH) 0.31 USD
ATH Change -96.46%
ATH Date 2021, Sep 25

work Markets

Sushiswap (Polygon POS)
Last price: 0.01 USD
Last price: 0.01 0X2791BCA1F2DE4661ED88A30C99A7A9449AA84174
Spread: 0.75%
24H Volume:
200.6 USD

* Anomaly - Trading price is an outlier against the average

** Inactive - No trades in the last 3 hours

The Employment Commons Work

The $WORK Rewards (“$WORK”) of the Employment Commons (the “Commons”) aligns economic incentives between Commons Members to support the future of the independent, self-sovereign worker. There are two types of Members in the Commons; Employee and Coalition.

- Employee Members are independent workers actively co-employed through the ecosystem

- Coalition Members provide new Member referrals, technology and/or services to the Commons

- Initially, Employee Memberships are limited to those who are qualified to work in the United States

- The Commons anticipates eventual global expansion

- All U.S. and international persons, organizations, and DAOs are qualified to be Coalition Members

The Commons economic model allows for Stakeholder Capitalism in a collectively owned, for-purpose (and profit) digital employment cooperative, as discussed in the Opolis Off-White Paper. $WORK is designed as a Cooperative Patronage Rewards token used as a means of incentivizing stakeholders to engage in certain patronage activities deemed valuable by the Commons. $WORK tokens are a unit of account to determine the amount of patronage profits a Member is entitled to if/when they are declared by the Commons.

Functionally, the Commons offers Employee Members the ability to:

- Reap the benefits of group purchasing power for reduced costs on products and services (e.g. group healthcare insurance, technology tools, and shared services)

- Share in profits with other stakeholders based on patronage

- Become an “owner” in a shared network that protects its Members’ best interests

- Participate in the governance of the Commons

Members earn $WORK for patronage in the Commons ecosystem via:

- Using the Commons for the processing of payroll, employment benefits, and shared services as an Employee Member

- Direct referrals of new Employee Members

- Staking rewards by staking $WORK

- The Commons Trustee, Opolis, Inc., as a team member, contributor, advisor, or shareholder