Imagination ThΓ©o Bondolfi, formalized with AI assistance.Learn more Β· Contribute
Imagination ThΓ©o Bondolfi, formalized with AI assistance.
Observatory Analysis: This page was drafted following analysis of how potential funders interpret "funding" β€” what they think they are getting. Three recurring conceptual frames emerged: TIME, TRUST, and RIGHTS. Each is explored below.
WIL β€” What's in a Name?
WILWikiDeal Investment Licence
NominalCHF 1 = 1 month of usage
1 WIL =1 subscription month
TypesCash Credits / Miles Credits
Annual increase5% in CHF
Governance1 WIL = 1 vote

When someone backs WikiDeal, they receive Credits. But what are Credits, really? The answer is more philosophical than financial. This position paper explores three distinct conceptual frames for understanding what a funder is buying β€” and why all three are simultaneously true.

Why "WIL" as a Name Works

The name WIL (WikiDeal Investment Licence) was chosen deliberately. It avoids the word "token" (too crypto-speculative), "membership" (too social-club), "bond" (too financial), and "credit" (too banking). WIL sits at the intersection: it licenses future rights, it represents an investment of trust, and it is the unit of democratic participation in WikiDeal.

In some European languages, "wil" means "will" or "desire" β€” an intentional choice is embedded in the name. A funder exercises their will to see a more equitable digital economy exist.

Concept 1: TIME

You buy time for the project. Time is money; money IS time.

The most fundamental thing a funder provides is time. Not their own time β€” the project's time. WikiDeal needs months and years of development, iteration, community-building, and legal validation before it can reach the scale where it is self-sustaining.

When you back WikiDeal with CHF 100, you are buying approximately 100 months of platform existence β€” 100 users' worth of one month each, paid in advance. You are saying: "I believe this project deserves the time it needs to prove itself." Your money converts directly into time β€” runway, capacity, possibility.

This is why 1 WIL = 1 month of usage = CHF 1. The unit is not arbitrary. It anchors the abstract (a WIL Credit) to something tangible: one human being using this platform for one month. Your funding is a pre-purchase of that usage, made possible before those users exist.

Concept 2: TRUST

You bet that enough users will subscribe. Your contribution is a vote of confidence.

Credits generate Cash Credits (no guarantee*) only if enough users subscribe to the platform at WikiDeal Membership. This is the conditional nature of WIL: it is not a fixed-return bond. It is a conditional right whose value depends on collective adoption.

When you back WikiDeal, you are expressing trust β€” in the model, in the team, in the community that will build and govern the platform. You are saying: "I trust that enough people will find this useful enough to pay WikiDeal Membership for it." Your funding is a public bet on collective behavior.

This is fundamentally different from charity. Charity gives unconditionally. Funding WikiDeal is conditional: you believe in a future where many people choose a fair platform over an extractive one. Your trust is the seed of that future.

The 5% annual value increase rewards your patience. The longer you trust, the more your WIL is worth β€” whether or not you have yet received Cash Credits (no guarantee*). The increase acknowledges that time-value of money applies to trust as much as to capital.

Concept 3: RIGHTS

You acquire conditional rights on future months paid by users.

Legally, Credits represent conditional rights on future subscription revenue. As users pay their WikiDeal Membership, that revenue flows through the distribution algorithm: Commission to the provider, Commission to the User Group, Commission to the WikiDeal platform, and then distribution to funders according to their WIL holdings and allocation choices (Cash vs Miles).

These rights are conditional because they depend on users existing and subscribing. They are rights β€” not promises β€” because the algorithm that governs their distribution is public, immutable, and auditable by anyone. You cannot be cheated by a rule change that you did not consent to: the bonding curve and the distribution algorithm are fixed.

Rights also extend to governance. Each WIL Credit carries a vote in WikiDeal's community governance. As the Exit to Community process unfolds, your governance rights become more meaningful β€” you are part of the community that decides the platform's future.

The Synthesis: TIME + TRUST + RIGHTS = WIL

A WIL Credit is simultaneously:

No single frame is sufficient. The financial frame (rights) explains the mechanism. The temporal frame (time) explains the meaning. The social frame (trust) explains why it works as a community-building tool rather than a simple financial instrument.

What You Don't Buy

For clarity, it is equally important to state what WIL is not: