FAQ

You as a customer become shareholder of the company you are buying a product from.

Simply by downloading the fair by share app and by scanning the QR-codes of the receipts of companies being part of the fair by share family.

No – just download the fair by share app and scan your receipts of your purchases.

As every fair by share family member your main right is the participation in profit.

Where will customers make their purchase? Of course in the companies in which they have a PROFIT share. And thereby the companies grow a lot bigger overcompensating the effect of giving shares to consumers. This is the basic idea – there are far more benefits.

fair by share is based on the three columns Product, Shareholding and Transparency. These three columns form the protective roof being the fourth part of our concept – Equality.

Partners of fair by share shall use the trademark to show that they are part of the fair by share family. Furthermore you can always check on your fair by share app.

In a transparent way the ownership of shares is written within the company register (book of shares). Out of this public document it can be seen that a part of the company is being owned by the consumers.

Simply by looking at the overview page of the fair by share app. Click on the companies to see your trading history and the percentage the company is offering to -consumers.

Simple math: Your turnover divided by overall turnover and taking into consideration the percentage of participation the -company is offering.

This depends on the company’s preferences: Click on the respective transaction history in the fair by share app, which shows the validity of the respective share (for example: Remaining valid for 2 years).

If you buy a product today and in, say, 10 years' time you would still be sharing in the profits for the same product, all new buyers of the product would receive an even smaller slice of the pie (dilution effect). In order to incentivize new customers, older purchases have purchases have a decreasing value.

Other than normal fairs golden fairs certify the right to longer-term profit participation. You buy a product once and stay profit-sharing for a long time (possibly forever).

Especially in the launching face of a new product it’s very important to attract new customers for companies as they are deciding about the success of the company. In order to reward these first times consumers making the companies successful these golden tickets are being issued.

You can communicate with other shareholder by a separate platform -community, which will be linked to the fair by share app – learn more on this concept. (note: This platform is still under construction).

Do you want to die around 15 years earlier because you have less money? Bad health condition, low social mobility, reduced economic output, democracy deficits and lack of happiness also characterize inequality.

Out of question – YES!

You are building a more equal world, are helping to address some of world’s biggest today’s challenges and earn money at the same time. Only some of the benefits.

No – all taxes are already paid.

Like every company in the world a -company can fall into bankruptcy. But do not worry as a fair by share customer you do not face financial risks or requests regarding your fairs.

We ask for your patience. As soon as the company makes a profit distribution, we will inform you. Then you can decide whether you want to have the winnings paid out immediately or leave them on the fair by share app and have them paid out at a later date.

Not every company currently belongs to the fair by share family and is therefore a partner company that wants you to share in its profits.

The prerequisite for a payout is a positive profit by the partner company. They then decide for themselves when and in how many tranches they share the profit with you. We ask you to be patient. You will soon receive a message that your share of the winnings has arrived.

In such cases, we have given you the option of connecting to your Apple or Google account. If you have a new phone, connect in the fair by share app and all your Fairs will be available again. If you choose not to connect, you risk losing the fairs. You decide!