We Fund Community Not-For-Profits by Purchasing From Participating Members
Participating members, including individuals and businesses, use a phone or computer to register sales made to any members who share their Fractal Economy Member ID.
Our system calculates 3% of such sales as a Community Contribution. Businesses are invoiced for Community Contributions when exceeding $10.
Each Individual Member is being given an equal vote and ability to direct funds from our Community Contributions Fund to approved Not-For-Profits (NFPs) as a donation, dispensed monthly upon reaching $3000 and according to the preferences of members. Together we strengthen our cohesion as a society by intentionally referencing sellers who are supporting the NFPs who likewise support us and our community.
See How Our Purchases Support Our Community
We intentionally buy from Businesses who contribute some of the sale to democractically chosen NFPs who support our community.
Search our Fractal Directory and look for the FEC logo on your local businesses website, window and trade vehicles, and preference them with your trade purchases. This is how more business sales are contributed to support the invaluable NFPs who admirably support our community.
How To Participate
After creating a free account, you will have a clear view of your membership ID.
When purchasing from any other members, share your ID or your Mobile number with them so that they can record the sale made to you as a member. The transaction will then show on your Purchases page, and the seller will then contribute 3% of the sale to our community fund for NFPs.
All individual members will have an equal vote for which NFPs receive funding from our community fund, the voting function enables easy online voting from each member’s online account.
54 Members have already joined as of 16th October 2022
Questions and Answers
Click on a question to see the answer
Joining the Cooperative provides us all with funds to give back to the community. With the ability to recognise and support businesses who are clearly supporting our democratically chosen NFPs who are likewise being enabled by us to support our community for reasons well beyond profit.
If we sell products or services then we are able to list our trading business within our Fractal Directory, aka our Purple Pages, where our members intentionally search for participating businesses to support with patronage and in-turn support NFPs who are so appreciated by our communities.
When selling to members, participating businesses record the transaction and contribute 3% of the sale to our Community Fund. As individual participants, each person gains an equal vote for the direction of this Community Fund to any participating NFPs, voting is available for members from 1st March 2022.
The online systems to list a directory of participating NFPs, and also enable equal voting by all members for the direction of Community Funds to these NFPs. We plan to further advance the system and may provide optional promotional discounts etc to members. These system development advancements are presently being funded by donations from people wanting to support community supporters.
No, there are no membership fees.
The only payments able to be welcomed and accepted by our Cooperative at this time are:
- Optional donations from people who also want to support community supporters by purchasing from participating businesses
- 3% of sales made by participating businesses when our members share their Fractal Economy Cooperative ID when making a purchase.
Yes, you can access your account any time with your smartphone, either by visiting this website with your browser or by using our Mobile App.
All you need is a device with a browser, internet access and available data.
Yes, we are enabling businesses, individuals, NFPs and our community with web-enabled communication and processing functionality. Our directory, member accounts and management system is being developed and maintained by Websight Creative based on their proven proficiency developing our web systems thus far and with their creation of Community Voting Systems.
Yes, you may see a more extensive list of Questions and Answers with our Hands-on Guide to the Fractal Economy Cooperative.
Please feel welcome to contact us with any questions via this contact form and we will respond to you promptly.