What is ByteShares?

Member-owned cooperative

A Danish cooperative where the members own the foundation together.

ByteShares carries the classic Danish cooperative idea into the digital economy. The members form the shared ownership and governance foundation.

What is ByteShares?

ByteShares is the member-owned structure. As a member you become a member-owner and take part in the shared ownership with one vote.

AI City is a central part of this long-term development.

Medlemmer ejer ByteShares Andelsselskab i fællesskab, som udvikler AI City og services til kommuner, virksomheder og lokalsamfund.
Medlemmerne ejer andelsselskabet i fællesskab. Medlemskab giver ikke direkte ejerskab af hvert enkelt produkt eller AI City-miljø.

Co-ownership

What do I become a co-owner of?

When you become a member of ByteShares, you become a member-owner of ByteShares Andelsselskab.

You are not buying a separate part of one specific digital product. You become part of the shared ownership of ByteShares and of the activities, products and solutions that sit within the member-owned structure of the cooperative.

Every member has one vote.

Ownership through membership

The ownership exists through your membership of ByteShares Andelsselskab. Membership does not automatically provide direct ownership stakes in a specific individual product or in a specific AI City environment.

The ordinary economic rights of members follow the applicable articles of association, the membership terms and valid decisions.

AI City

What are we building with AI City?

AI City is not a single app.

AI City is the vision of an ecosystem of digital products, services and modular solutions.

A

Digital identity and access

Solutions that help connect a verified person or organisation with the right digital account and the right rights.

Under development
B

Documentation and rights

Digital processes where certificates, agreements, permissions, membership status, document versions and rights can be documented and checked.

Under development
C

Governance and decisions

Digital workflows that support transparent decisions, approvals and member administration.

Under development
D

AI-supported modules

Practical AI-supported services and workflow modules for members, organisations, companies and potentially cities.

Under development
E

Digital services

Modules that can connect identity, documentation, permissions, services and digital processes.

Under development
F

Modular city solutions

Solutions that can be composed to fit the needs of a city or an organisation instead of requiring one large combined system.

Under development
G

International licensing

The long-term aim is that relevant AI City modules can be licensed or delivered commercially to companies, organisations and larger cities internationally.

Under development

The categories describe what AI City is intended to develop. They are under development and are never shown as operational before they are ready. ByteShares has no published external licensing agreements.

Value creation

How can ByteShares create value?

The aim is that ByteShares and AI City can over time develop digital products, services and modular solutions that can both be used by members and offered to external customers.

Over time, revenue may come from areas such as:

  • services
  • licences
  • digital products
  • modular solutions
  • company agreements
  • organisation agreements
  • international city and infrastructure solutions
  • other approved activities in ByteShares

Value created in a member-owned structure

Because ByteShares is a cooperative, this value is created within a member-owned structure. When ByteShares creates economic value through products, services, licences and other activities, the value is created in a company that the members own together.

Future products require development. Milestones are not guaranteed, commercial success is not guaranteed, and future distributions to members are not guaranteed.

Member value

What do I get as a member?

Co-ownership

You become a member and member-owner of ByteShares Andelsselskab. You are entered in the membership register and receive a member number, a membership certificate and member-owner status.

Influence

One member. One vote. All valid members have the same basic voting weight under the applicable governance rules.

Member value

The aim is that members gradually gain access to relevant ByteShares and AI City services on particularly attractive member terms.

Membership, the membership register, the member number, the certificate and the voting right apply once your admission is approved. Broader AI City services, eIDspot, VPLedger, ByteShares DLT, VPL / Vimples and TIB are planned and are never shown as operational.