COMMON WORLD
Co-purchasing made simple.
Empower your business with CommonWorld, facilitating seamless co-purchases and collaborative ownership of high-value assets.
Make more possible, together with other SMBs.
Sellers embracing the co-purchasing revolution
Shared ownership, amplifying growth for all
CommonWorld revolutionizes high-value asset access for the SMB sector. We’re bridging buyers and sellers in a unified journey, dismantling financial barriers, and unlocking new possibilities. Sellers expand markets; buyers attain more—all through our streamlined co-purchasing platform where collective ownership becomes mutually enriching and effortlessly achievable
For Sellers
Turn maybes into sales with CommonWorld
Maximize your sales by transforming potential buyers into an empowered collective. Through co-purchasing, access clients who were previously out of reach due to financial constraints, enabling them to co-own high-value assets. Boost your customer base, reduce sales friction, and explore a new frontier of prosperous transactions.
For Buyers
Own together, achieve more.
Collaborate and co-own high-value assets without overextending your budget. This isn’t just about sharing costs; it’s about smart financial decisions, maximizing utility, and sidestepping overwhelming debts. With CommonWorld, you’re not just getting a piece of the asset – you’re joining a community that champions collective progress.
HOW COMMON WORLD WORKS
Seamless co-purchasing &
co-ownership
Unlock the power of collective buying and elevate your purchasing capabilities with a straightforward, secure, and beneficial co-owning experience. Navigate through CommonWorld’s intuitive platform, where every step towards shared ownership is a step towards amplified possibilities and minimized financial burdens.
Empowering CommonPay
Navigating through collective purchases is now smoother than ever with CommonPay, a feature designed to turn the complex into the uncomplicated, safeguarding your investments while providing an unblemished, cooperative buying experience.
Equitable CommonShare
CommonShare paves the way for a fair, straightforward, and community-driven shared ownership experience, enabling you to manage, utilize, and eventually exit your investments with utmost clarity and simplicity.
Smooth CommonService
Navigate your co-ownership effortlessly with CommonService, linking you to vetted service providers for expert asset management from acquisition to beyond
Enduring Security & Trust
Secure your co-ownership journey with CommonWorld, blending solid security and utmost trust in every transaction. Your data, investments, and experience are safeguarded, ensuring a secure and transparent co-ownership pathway.
AI-Powered future of business asset acquisition
Unlock the power of collaborative asset acquisition with CommonWorld. Leveraging cutting-edge AI, we redefine how businesses approach and manage shared ownership, ensuring efficiency and precision at every turn.
HOW ARE WE DOING
Product roadmap
Product Discovery
Our journey began with a comprehensive product discovery phase. We delved deep into the market, employing techniques such as in-depth interviews and Computer-Assisted Web Interviewing (CAWI) surveys. We honed our understanding of the challenges SMBs face, ensuring our solution aligns perfectly with their needs. Workshops, extensive research, and analysis laid the foundation for a robust product.
Product Design
Product design was a meticulous process involving building the business model, early prototypes, refining UX/UI, and iterating our designs based on feedback. User testing allowed us to fine-tune the user experience. Our commitment to a seamless, user-friendly platform was unwavering, resulting in a product designed to cater to our target audience.
Strategy & Traction
During this phase, we utilized quantitative CAWI surveys, revealing a remarkable 65% interest from SMBs. This data guided not only our product refinement but also the development of a robust business model. In parallel, we gained traction with sellers, resulting in 15 signed letters of intent by October 2023, indicating their eagerness to integrate CommonWorld into their businesses.
Fundraising
We're currently raising funds to start development. Our robust concept, user validation, and initial traction with sellers provide a strong foundation for this journey. The funds we raise will power the transition from concept to a tangible product, enhancing accessibility and utility for our users.
WHO WE ARE
Founders
We’re on a mission to simplify co-purchasing for businesses, transforming potential sales into reality. CommonWorld champions seamless, accessible, and inclusive co-ownership, crafting a pathway where every financial hurdle is turned into a stepping stone toward collective success and accessibility.
Got questions?
Well, we've got
answers
CommonWorld addresses the issue of limited access to high-value assets for businesses, especially among the unbanked SMBs and businesses without the need for full asset ownership, by providing a platform for shared ownership and co-purchasing.
We anticipate a democratized marketplace where even the smallest of businesses can co-own high-value assets, fostering community collaboration, reducing economic disparities, and driving sustainable growth.
The problem is quite intense. Lack of access to critical assets can severely stifle an SMB’s growth, potentially leading to stagnation or even business failure in competitive markets. 50% of 400 mln SMBs globally do not have access to formal credit.
With SMBs being major contributors to most economies, the potential to tap into this market and drive growth is massive. Word Bank estimates that there is an unmet financial need for 5,2 trillion $ yearly in the SMB segment.
While both fractional ownership and other sharing economy models fall under the broader umbrella of shared utilization, the key distinction is the element of genuine ownership in the former. In fractional ownership, participants have an actual stake in the asset, be it real estate, art, or other high-value items. This not only grants them tangible rights but also the benefits of potential appreciation. Furthermore, it offers the liberty to manage and utilize the asset without the risk of losing it due to financial or economic challenges. In contrast, models like renting or leasing lack this ownership dimension.
Our primary customer is small to medium-sized businesses (SMBs), particularly those that are unbanked or underbanked, seeking to acquire high-value assets to grow and expand their operations.
The rocket science here isn’t about reinventing the wheel, but rather about ingeniously repurposing existing mechanisms. While the concept of shared ownership isn’t new, what’s innovative is how and where we apply it post-adaptation. We may not be patenting shared ownership, but we’re pioneering a tool to broaden its application, embellishing it with essential components for managing this co-ownership. Similarly, co-management exists within individual companies, but it hasn’t been utilized intercompany. Traditional shared ownership often necessitated the formation of a joint legal entity or partnership. In our model, every party retains their independence, avoiding the constraints and commitments of forming an official joint business. This is where the true innovation and „rocket science” lie.
Join the CommonWorld Movement
Embark on a journey where your aspirations take flight, joining a community dedicated to transforming dreams into shared successes. Your path to co-ownership and collective prosperity starts here, with CommonWorld leading the way to a future unbounded by traditional financial limits.
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Be amongst the pioneers exploring new horizons of asset acquisition and management.