Wealth should be the willingness within us to support others.

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Neighborpreneurship is an innovative unit of measure embedded in the Distributed Capital philosophy that uses work as an alternative to cash for specific transactions.
It is like someone who offers another method to get paid for a job done. Pay me now with cash or equity.

Are classic unpaid volunteers a thing of the past?

For the neighborpreneurship economy, professional volunteerism is an evolution from what we know about classic volunteerism so far. But in no way is the end of it.

It will always be enough room for people to fit into the wide variety of volunteering types available at the moment.

For Walletever, provolunteerism is not corporate volunteerism, since it is not a service attached to corporate employees performing a planned activity under an NGO guidance. It is not a skill-based volunteerism offspring either, where corporations lend professionals to work for charity groups, and NGOs for a set time to help them through the solutions of a few key issues.

Professional volunteerism is the column for the success of neighborpreneurship. That is compiled by formerly unpaid volunteers transitioning through pay-for gig type of volunteers working on their own projects, intending to convert themselves into social for-profit entrepreneurs.

Although volunteerism is universally defined as a concept or practice of offering personal services in a charitable organization, government entity or social agency without accepting any pay for it, DiCap is promoting professional volunteerism as a door opener to those seeking to use their personal and professional skills and talents to serve others for compensation that can be transformed into investments, like equity, for instance.

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The building of collective wealth can be a rapidly attained goal only with the convergence of as many citizens as possible.

We have matched classic volunteerism with the transfer value feature of crypto-assets to promote local growth through the integration of professional volunteerism as a core element within the Distributed Capital framework.

This new factor will come to strengthen the capacities of Distributed Capital as an economic force to redirect the economy, in a way that the people are always properly rewarded for their efforts.

GOOD FOR VOLUNTEERS WANTING TO BE EMPLOYEES

Classic volunteers, community service neighbors, professionals in the pro-bono industry, coaches, instructors, trainers, advisors, and counselors, and contractors can opt for enhanced volunteering as a way to get paid for work they otherwise would have done for free for people unable to afford their services.

 

Also, neighbors involved in professional volunteerism will allow the interexchange of work for delayed compensation, that will be honored according to smart contract indications and at market rates.

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INTENDED FOR VOLUNTEERS EXPLORING TO BECOME INVESTORS

As an investment vehicle under the neighborpreneurship scheme, it allows volunteers to acquire equity in any flexible startup or ongoing business financed by any DiCap fund, using their brains, skills, or sweat as currency.

 

Professional volunteering is not the same as the classic form of volunteerism or even paid volunteerism since it includes pro-bono, coaching, counseling, mentorship, trade professionals, contractors, and subject matter experts, among others —along with a variety of compensation schemes.

To further the Distributed Capital framework, Walletever is implementing the Workforce Integration Schedules, which is a process supporting the compensation of all professional volunteers associated with any clustered entity funded with DiCap resources.

Besides the conventional salary schemes that we all are familiar with, professional volunteerism provides innovative mechanisms that would fit employee/employer relationships based on their particular needs and capital requirements.

 

Therefore, to enhance individual earnings for the time and effort invested as a founder, as a volunteer for equity contributor, or as an employee, professional volunteers would have access to alternative methods when it comes to how they are going to be paid.

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As a game changer, neighborpreneurship is intended to have as many people enjoying the benefits that any funded venture may offer by allowing them access to productivity streams.

 

Neighbors are encouraged to take part in the growth of professional volunteers as entrepreneurs, employees, or on a per-project contract basis. Depending on the duty chosen, professional volunteers will be paid accordingly, —on payroll or as a direct contractor, and based on the compensation models suggested below:

DELAYED COMPENSATION

A process where volunteers agree to self-finance with work any project they believe in.

Professional volunteers would work on projects they believe
by self-finance their own working hours and expertise. The hiring clustered entity should cover an initial hiring bonus while the professional volunteers acting as employees, self-finance the work themselves for up to 90 days. Interest rates will be accrued as if a regular bank would have issued a loan to cover payroll. Entities would escrow the accorded amount or have a fractional lending package issued and managed by a WEEN smart contract, to assure the payment when the term is up.

MIXED COMPENSATION

Patience pays off. Split your yearly salary in 12 minimum wage income and get the other half by year's end —with interest.

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LICENSE-SUPPORTED COMPENSATION

For integrated teams working as a service providers during projects early stages.

The license-supported compensation for individual productivity positions is a time set model that shares entity earnings based on the production outcome of an assigned production unit. It is a plan usually for five years term but it is up for revision every year before the renewal.

HUMANS AS A SERVICE

Feel like you are taking care of like in a team payroll, but earning as an individual contractor.

The HaaS is a service management model for professional volunteers based on skill volunteerism —but paid. Professionals are listed in a registry to work as a team of 3+ people on specific projects. As a professional service hub, it handles any RFPs, and open bids for all professionals to participate. Service management charges a fee to handle the team's sales, booking, and payables.

THE SPINNING MODEL

Increase your earnings by adding auto-savings to your steady income, and gain access to cyclic bonuses paid with your group savings every quarter.

A basic salary is set within a teamwork —or payroll. Members split the salary in three portions: Monthly take-home-salary 75%; 15% for the spinning bonus that will be assigned to a member every 3-4 months; and the remaining 10% for a year end compensation to everyone. Clustered entity would match up to 50% of the spinning bonus and 100% of the year's end bonus.

INTEGRATED CONTRIBUTION SCHEME

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This model is suitable for organized professional volunteers whose earnings are based on equity split within the team. Although the team operates as a workforce under one contract, compensation would be done based on individual milestones, without affecting the rest of the team.

All these exercises shown above are under analysis along with a few more, including straight commissions and Direct Installments and completion compensation, that we believe would work as payment alternatives to the typical 40-48 hours a week journey. 

 

The examples will cover the entire business spectrum of the professional volunteer model, and apply to any mid to long-term commitment between the clustered entity and the individual doing the job. 

 

Compensation methodology should be chosen for mutual convenience since the pay rate would not vary much. 

 

Since CEO-oriented neighborpreneurial tasks are initially loans that can be converted into grants, the models shown below will not apply, unless a person gets a position as an employee within one of the DiCap-funded entities. 

CURRENT STATE OF VOLUNTEERISM.

Paid Volunteerism Vs. Professional Volunteerism.

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Is there such a thing as paid volunteer work?

At least a couple of ways are known when it comes to paid volunteerism. The first one is by receiving a monthly stipend of around $1,000 plus an incentive of ~$12,000 that is available to cover college tuition —among other things, for seasonal volunteers enrolled in government-sponsored programs.

The second popular version is a partnership between a contractor and private volunteers who pay a fee to enroll in a voluntourism-based program organized in countries outside the United States.

Although it seems like an individual volunteer paying to be allowed to perform a job instead of getting paid for it, the institution acting as the contractor covers housing, food, insurance, clothing, and internal transportation throughout the term.

The enrollment fee paid by the applicant, the contractor says, goes toward covering a portion of the housing setup costs. The rest comes in the form of a subsidy provided by donations contractors receive from corporate donors.

In the professional volunteerism scenario, the applicant selects a project, gets a team together to work on it, write a summary for approval, and then the funding from Walletever, that manages a loan to grant program to finance the work.

This procedure entitles an action-hashed mining protocol known as Proof of Civism, which supervises the algorithm powering the minting of crypto on a per cycle basis.

The method behind professional volunteerism was created to support WEE, an Ethereum compliant cryptocurrency designed to empower the building of collective wealth through entrepreneurial habits within neighborhoods. That is called Neighborpreneurship.

Currently, the implementation of neighborpreneurship as a way to fund projects is restricted to vertical-specific programs, operating local businesses, and markets.

Based on the funds sought, projects get funded, and promoters, called field developers, get paid based on their own financial assumptions.

An integral part of the professional volunteerism asset creation lifecycle consists of furthering the building of wealth. Therefore, the volunteer's assets will end up investing in a hybrid assets growth plan where the mined funds will be available to finance other local ventures while earning interest rates.

The mined assets in virtual custody can also be used as collateral to back flash loans and to cover various lending needs a licensed miner investor would be experiencing.

VENTURE PHILANTHROPY VS NEIGHBORPRENEURSHIP

Recycling same old wealth to make it look fresh & cool.

As many connoisseurs are saying, venture philanthropy is a new business paradigm within the VC industry that is promoted by the mega-rich and corporate juggernauts that use their extra money from operations to finance projects that are related to the arts, the environment, social justice, and feeding the hunger, among others.

This increasingly adopted format has received much criticism from voices from all walks of life, claiming that these investors are showing themselves as saviors when they are coming to clean the mess they have helped create.

Daring situations communities are currently facing such as environmental pollution, cutting jobs as they move their factories to cheap labor nations, have their private equity behemoths acquired rental properties, the rising cost of foods, and charging high-interest rates to finance needed consumer purchases, among many others. That pile of elements together has accelerated crime rates and have broken families apart in neighborhoods across the world.

https://www.anand.ly/

“Most of what I’m trying to do is to convince the general public to stop outsourcing the changing of the world to plutocratic elites.”

Anand Giridharadas.

"Winner Takes All", author.

Neighborpreneurship, on the other hand, is the core of DiCap autonomous integration. It is the mechanism formed by enhanced volunteerism contributors through their equity investments across revenue-oriented Local Productivity Integrators that will promote startups and local business financing through most neighborhoods worldwide.

DiCap funded startups and local businesses are owned and managed by neighbors and volunteers converted entrepreneurs, with no funds submitted by governmental entities, corporations, or private charities.

WAS SOMEONE TAKEN FOR A RIDE HERE?

Addressable market for volunteerism.

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  • In 2013, over 1.41 million non-profits were registered with the US Internal Revenue Service. Those values put together contributed with US$905BN to the US economy —a whopping 5.4% of the GDP for that year).

  • Public charity accounted for 3 quarters of the sector revenue (US$1.73TN) and expenses (US$1.62TN); and three-fifths of assets at US$3.22TN.

  • New jobs assigned to this vertical account for 12.2% of the sum of the total private employment in the USA.

  • In the US, the volunteering and community service combined as industry vertical encompasses the involvement of more than 77.34 million citizens whose time and effort have impacted areas such as child care, teaching, medical care, animal care, environment and construction, arts and music, sports, NGOs-support, refugees help, women's empowerment, community development, elderly care, as well as special needs care, primarily.

  • In Canada, the volunteering efforts of 13.3 million people go toward sports, religion, social services, education, research, and the health-related verticals.

  • Across OECD nations, volunteerism accounts for 70% of employment in manufacturing. It surpasses the full-time employees created by construction, agriculture, banking, and insurance combined.

  • Calculations suggest that 70% of the total volunteering activity is not formal or measured under any statistical evaluation. Even though, there are approximately 970 million volunteers across the world.

     

  • During 2018, a total of 8.1BN hours contributed US$297.5BN at US$24.69 per hour across the United States. In the European Community, the estimation for money saved per hour in salary due to volunteering ranged between 21 and 32 euros.

LATHER, RINSE, REPEAT.

Corporate-sponsored volunteerism winning big time.

Regardless of how they are called: Social impact investing, community foundations, venture philanthropy, social grantmaking, the big corporate titans are always exposing their brands in as many charity-related activity.

To highlight one benefit from the corporate-sponsored charity playbook: their combined earnings from free media exposure is enormous and difficult to calculate.

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    It would be safe to believe that the above 1.41 million non-profits registered with the IRS, most are private donor-dependent.

  • In 2014, private giving from individuals, foundations, and business entities was US$358.3BN. 35% of those non-profits made a total of US$2.26TN in revenue for a total asset calculated at US$5.17. Public charity leads the spectrum with 950K organizations attending the arts, culture, and humanities-related projects.

  • Volunteerism appears to be a great saving strategy for big corporations that are the largest private donors for the charity group.

  • 28.8 of all American employees do volunteer jobs.

  • 36% of corporations surveyed by another study said that they provided volunteering programs for their employees.

  • 55% of companies taking part in the study believe that volunteerism had a positive impact on profitability.

  • In 2004, a study conducted by the Case Foundation noted that volunteering and community services represented savings totalizing assets for US$58TN, which adjusted for inflation would reach US$79TN in 2020.

  • 82% of the total companies surveyed used those volunteering programs to address strategic business goals.

  • 85% of companies in the study confirmed that by supporting volunteering programs they see their PR activities increase.

  • 55% of companies believe that volunteerism has a positive impact on their profitability.

  • 60% of the corporate executives believe that by supporting volunteering their companies gained greater exposure through PR and earned media that enhanced their brand reputation.

  • 59% of the surveyed executives believe that corporate citizenship improves company image and reputation.