• Corpus ID: 245385100

Collectives: Compositional protocols for contributions and returns

@inproceedings{Niu2021CollectivesCP,
  title={Collectives: Compositional protocols for contributions and returns},
  author={Nelson Niu and David I. Spivak},
  year={2021}
}
We introduce a concept called a collective: an interface with a protocol for aggregating contributions and distributing returns. Through such a protocol, many members may participate in a mutual endeavor.1 Here is one such collective: each member contributes an amount of money, and these are pooled into a single investment; then a return on this investment is divided among the members in a manner proportionate to their contributions. For example, if three members contribute $2, $3, and $5, and… 
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