FUND is a fund through which persons finance each others activities.
Each FUND is composed of a limited number of persons (maximum 12). If
the numbers exceed this limit, additional FUNDs should be organized.
Each person contributes a sum of money agreed upon between the persons
participating, at certain intervals, for example every month. All contributors
in turn get the possibility to have their activities financed for a period
by the other persons. The contributions are submitted directly to the
person who is in turn to receive funding. This person decides exclusively
how to use it. The activities can be carried out by single persons or
with the support of other participants.
The FUND exists for one cycle, where after it is decided whether to organize
Most funds are based on the principle of competition or exclusion and
represent large concentrations of capital. FUND offers the possibility
to collaborate on financing each other s activities by accumulating
Every group of participants administrate their version of FUND by themselves.
The system can be renamed, shaped and modified to fit the participants.
Anybody can expand FUND by setting up their own versions of FUND.
N55 are initiating a version of FUND. Persons or groups of persons who
want to participate can be included by writing an email to email@example.com.
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