Stakeholder Economy
Learn about PUBLC's ecosystem, who is part of it, their role, and how they are connected.
Last updated
Learn about PUBLC's ecosystem, who is part of it, their role, and how they are connected.
Last updated
While most companies follow the traditional model of Shareholder Economy where the company's main purpose is to maximize shareholder value, PUBLC's model implements Stakeholder Economy that serves not just the company's shareholders but also the rest of its ecosystem, and in PUBLC's case it is the Web Ecosystem.
We believe that in order to create the biggest platform value, PUBLC's economic model needs to incorporate all its participants and give value back to them.
PUBLC blurs the lines between the company, the platform and its users and places everyone on the same side, working together to achieve a mutual goal. Learning from the crowdsourcing potential of collaborative platforms like Wikipedia, Quora, Waze and more, and taking it a step further and having the ecosystem not only take part in curating and building the platform but also earning part of its revenue.
PUBLC creates a network of key participants in the Web ecosystem that contribute to PUBLC and benefit from its ongoing growth. Each participant's actions, starting from categorizing content and managing pages to driving traffic, add value to the platform. Beyond having PUBLC's ecosystem create value for the platform, PUBLC model also results in having the ecosystem's actions create value for one another and complement each of their needs.
The network effect is compounded across all ecosystem participants by combining thousands and millions of these small actions that will exponentially grow PUBLC to become a viable alternative to platforms by the existing tech giants.
