Freelancer and Collaborate Nation: November Shares Equal $500

Jan. 21, 2016 - PRLog -- Freelancer Nation, a freelance coop, and Collaborate Nation, a collaborative community, make up #TheNation and have recently released payment for its November Profit Share. In its first month, members received a total of $500 from profits the platform took in!

Based on the cooperative setup of the organization, Freelancer Nation pays a portion of their profit back to each of their members, month after month. Profit shares are divided among those that subscribe as a Share Member and are based on activity.

Throughout each month, members accumulate Patronage Points based on posting jobs, working jobs, sharing their opinions, promoting member services and more. The amount a person earns at the end of the year is based on the percentage a person has of Patronage Points compared to the number of Patronage Points allocated platform wide.

An easy way of looking at this is that if the total profit share is $100 and one person has 20 Patronage Points and everyone in #TheNation has only accumulated 100 Patronage points then that person receives $20. The formula is simple: the more money the platform brings in and the more active you are, the more you earn!

“It is time the sharing economy gives back,” says Dr. Needham, the founder of Freelancer Nation and Collaborate Nation, “Other platforms that engage in the sharing economy allow others to work and provide the value while earning, but the big winners there are the platform creators. The Nation way is to give back to the members that have helped create that revenue.”

And, to put his quote to test Dr. Needham’s Freelancer Nation and Collaborate Nation platforms paid out $120 to their top performing member and sent payments to many others. Dr. Needham addressed that their platform is relatively new and their membership is still growing but once the cooperative profit share and reduced fees catches on, it will change the industry entirely.