3. How It Works: Membership, Benefits & Governance

How to become a member

Membership begins with a financial contribution of $25. The Member will be asked to verify his email. The Member should be at least 18 years old. The membership contribution is added to the Community Fund to be used as described subsequently.

At this point, the Member has access to the exclusive “Member’s Hub” to connect with other members. A community manager will welcome and introduce the member to the group. He may also request to be connected to other group members based on his needs.

The member will receive membership credits for each $1 of contribution. These membership credits entitle him to voting rights and a share of the surplus of the Community Fund.

To be eligible for the other benefits of membership described below, the Member must complete the “Know Your Customer” (KYC) process.

Benefits of Membership

As of this writing, the following membership benefits are launched or in the pipeline.

Member Connect

A service to connect members to one another to achieve a Member’s stated goals. The community manager maintains a database of Members and their asks and offers and connects Members together when there is synergy.

Life Protection Benefit

All eligible members are entitled to the Life Protection Benefit at a contribution of $25, equivalent to the membership contribution. Eligible members are between the ages of 20 and 60, have no pre-existing medical conditions and are not residents of a sanctioned country. The Life Protection Benefit pays out to their beneficiaries in the event of their passing. The payout amount is determined by the underwriting algorithm and is disclosed at the time of application of the benefit. Members may upgrade their Life Protection Benefit, and corresponding payout, by increasing their contribution to the Community Fund.

Farewell Benefit

The Farewell Benefit is designed to provide protection to as many members as possible, including those who may not be eligible for the Life Protection Benefit. The Farewell Benefit provides end of life services that include burial, repatriation of the body and legal services related to the passing of the Member. The Farewell Benefit includes a concierge service which provides logistical support to aid in the completion of end of life processes.

Members pay an additional contribution to apply the Farewell Benefit and their contribution covers their spouse and up to four children. Members up to 65 years of age and those who have pre-existing medical conditions are also eligible.

Collective Investment Pools

The Community Funds are invested in accordance with a strategy that is governed by TLD members. Members have access to invest additional sums alongside the Community Fund. Any individual sums added by Members are owned by the Member and are deposited and withdrawn at the Member’s discretion in accordance with the lock-up period of the pools invested in.

Prepaid Crypto Payment Card

Members who are not in sanctioned countries are eligible for a prepaid crypto payment card which is a way to spend cryptocurrencies in the real world. For an additional one-time fee of $25, Members receive a virtual card that can be connected to Apple or Google Pay. They can top up their card directly from their TLD-connected wallet and spend crypto as USD$ globally anywhere VISA is accepted.