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Start a virtual company.
With Sitepie
you can share ownership in an internet domain name like ourgreatwebsite.com topweb.com or any other. By sharing the
ownership of a domain name, you and the other owners can develop a
website without having the hassle of starting a real company. This
prevents you from paying expensive legal fees and having to perform a
lot of administrative tasks. Sitepie domains are very useful if you
have a website idea and want to test if it gets any traction on the
web.
Why use
Sitepie
If you build a
website with other people it’s nice to trust each other, but in
the case of a conflict you are not protected from getting excluded from
the project. You don’t want to spend your time and effort
building a website, ending up getting excluded from the project and
don’t profit from it. With Sitepie it’s not possible to
cheat on each other or to exclude one of the owners. It’s like a
contract between the owners to cooperate and give each other credit for
their work in case the website is successful. Instead of worrying about
potential conflicts, you put all of your energy into developing a great
website and we take care of the rest.
Each owners interests protected
Because Sitepie
is the holder of the domain name, we can enforce our governance system
on our users. In this way the interests of each owner are protected and
cooperation between the owners is coordinated. There are only three
ways in which the ownership of the domain name, intellectual property
and the project can be changed.
One is by
agreement between all owners on the new owner of the domain. In this
way you can transfer the domain to a legal or natural person. This
process is monitored by Sitepie and can only be conducted through our
online agreement application.
It’s even
possible to add new participants later on, by changing the list of
owners and their share of ownership. This requires agreement between
all owners on the new ownership structure. This process is also
monitored by Sitepie and can only be conducted through our online
agreement application.
The third way
to change ownership is to transfer the domain to a legal person without
consent between all group. The equity stakes in this entity must
reflect the ownership shares your group members have in the domain
name. This only requires a majority vote, but the transfer process must
be monitored by an independent lawyer.
To learn more
about how our governance system works, read our terms of service
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