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Start a virtual company.
With Sitepie you can share ownership in an internet domain name. 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 makes any business sense.
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 members. 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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