A Co-Creator Agreement, or CCA, was the instrument that let 📝Citizens of One form 📝virtual corporations inside 📝One Inc as a worker cooperative. A virtual corporation united individuals and organizations into a temporary association around a single project; for its duration, the participating entities acted as one company. CCAs functioned much like traditional shareholder agreements, and served as the 📝Living System of governance through a project's formative years.
Framework
A CCA was organized around six elements:
- Parties — the Citizens, Citizen-led corporations, and existing relationships involved.
- Roles — each party's intentions: approximate titles, chosen work, and capital commitments.
- Capital — contributions across all 📝Types of Capital, plus the stories each party brought.
- Plan — the vision: course of business, metrics, budget, and co-creator compensation.
- Choice — the rewards: preferred returns by time and type of capital, and decoupling clauses.
- Governance — the foundational agreements of 📝One Governance that united every virtual corporation.
Reflections
"CCAs are like transferrable 📝Convertible Notes. They enable a kind of infinitely transferrable digital equity." ~ 📝John Zdanowski