ByteShares.dk

How it works

Planned digital feature

From membership to digital participation.

Your membership is first recorded in the official ByteShares membership register. You receive a member number, a membership certificate, an active membership period and one vote. Digital features may later be added as a planned layer.

The cooperative’s established membership foundation with planned digital admission, register, certificate and digital functions above it.
Cooperative established

Membership and governance foundation

Member-owned cooperative · one vote per officially admitted member · public information and governance foundation

Planned digital feature

Planned digital layer

eIDspot and digital identity · digital membership credential · VPLedger and documentation · ByteShares DLT and future services

The digital layer is a planned operational representation of the same membership — not a second membership.

Membership first — digital services later

  1. 1

    ByteShares.dk

    Membership and certificate

    The cooperative and this information site are live. Digital application, admission, membership register entry, member numbers and certificates are being prepared and are not yet activated. Once active, this is the legal record.

    Cooperative established · digital admission in preparation
  2. 2

    eIDspot

    Identity and access

    The planned identity hub for verified digital access and a digital membership credential.

    Planned
  3. 3

    VPLedger

    Compliance and proof

    The planned compliance, registration and execution protocol for digital activity.

    Planned
  4. 4

    ByteShares DLT

    Digital activity

    Where a verified member may later operate a digital account. The account is not a second membership.

    Planned
  5. 5

    AI City

    Services

    The modular framework of digital products, services and solutions organised within the member-owned ByteShares structure.

    Planned

Certificate and digital account

The certificate remains the legal proof of membership. The on-chain account, once deployed, becomes the operational proof. A certificate alone does not authorise DLT activity, and tokens alone do not create membership.

Full digital participation requires matching official and verified digital status: active membership, eIDspot verification, VPLedger activation, a digital credential and the relevant VPL or TIB status.

VPL and TIB

  • VPL is the token abbreviation. One unit is a Vimple; several are Vimples.
  • 1 VPL has a protocol reference of EUR 1 and is a compliance and activation unit.
  • VPL grants no extra vote. 1 VPL can support 1 TIB.
  • After deployment, an Annual Membership may be linked to 160 VPL activation capacity, subject to final rules. This is not operational today.
  • TIB is the planned native utility and collateral layer. It grants no extra votes and is not the legal membership registration.

TIB is created under the protocol’s validation and collateral rules. It is not an ordinary bank credit. If a qualifying TIB position falls below the applicable requirement, the digital membership position is no longer fully supported.

Your account is your digital house

You control the key, the certificate documents membership, eIDspot verifies identity, VPLedger enforces compliance, VPL and TIB support the digital position, and the ledger preserves history. This is an analogy — it is not ownership of physical or virtual real estate, and ByteShares cannot move member tokens arbitrarily.

Closing an account

Permanent closure is irreversible. The account can never be reopened, reused or transferred, and the old key cannot reactivate it. Ledger records remain as immutable audit trails, but owner access ends permanently. A closed or empty DLT account does not by itself complete a formal withdrawal from the cooperative — a separate formal request is required, and repayment is never automatic.