Performer ownership

Own a piece of the house that prices you. The stake is free, and it is yours to keep. Five short steps.

Questions? kale@heretomorrow.us

  1. 01Who you are
  2. 02Your ownership
  3. 03Eligibility to trade
  4. 04Confirmation
  5. 05Your page

Who you are

What you do
Step 1 of 5

Before you start

What the stake is, what it costs, what happens to it as more owners join, and what it does not entitle you to. Ask us anything else at kale@heretomorrow.us.

What exactly am I being given?

A stake in the exchange itself — an ownership percentage in the house, not a share of any one contract. It is granted on approval of your claim, it is free, and there is nothing to pay now or later to keep it.

Why would you give this away?

Because the people this market prices should own it. Athletes and performers are the subject of a large part of the book, and a house owned by the people it prices behaves differently from one that merely writes contracts about them.

How much of the company do performers hold in total?

Sixty per cent, and that is a ceiling rather than a target. Owners together will never hold more of the exchange than that, however many join.

What happens to my stake as more performers join?

Once the grants together reach the sixty per cent ceiling, every owner's percentage scales down pro-rata so the total holds. Nobody who qualifies is turned away, and nobody's slice is taken to pay for someone else's — the dilution falls on everyone by the same factor, so relative standing between owners never changes. Your dashboard shows both the grant as written and what it holds today.

Does owning a stake let me trade here?

No, and the two are deliberately separate. Trading is gated by a federal eligibility threshold that has nothing to do with ownership. You can be an owner and not yet be eligible to trade; nothing about your stake depends on it.

If I am approved as an owner, what does it get me on the platform?

Full Member access, with the membership fee waived. That is the club: the daily Books, the private calendar, Club Tables, the thesis feeds and the events.

What does the stake pay?

Distributions follow the volume the exchange does. We will not put a number on that, because it depends on how much business the house writes and nobody — including us — controls that. What we will tell you is exactly how yours is calculated, every period, on your own dashboard.

Is this equity? Do I have to file anything?

It is an ownership interest in the platform, granted rather than sold, with no payment and no obligation attached. The exact instrument and any reporting that follows from it are set out in the documents you sign at approval — read them, and have your own adviser read them. We are not your adviser.

What is a Founding Member?

The first fifty owners, permanently. Founding standing is decided once, at enrollment, and never changes afterwards — it does not lapse and cannot be lost by going quiet.

Can I keep this private?

Yes. A public page is offered and is off unless you turn it on. Nothing about your claim, your stake or your attendance at events is published without you choosing it.

How long does it take?

The claim itself is five short steps. Approval is a human review — we verify you are who you say you are, which is the whole reason the register is worth being in.