Catty Town’s vision is a global online community led business that is –
- Owned by the community market it serves.
- Designed by the community market it serves.
- Operated by the community market it serves.
We want to build the IDEAL online home for the community we are all passionate members of, Vintage-Rockin’-Roots. Why should we rely on global corporations (whose only motivation is greed) to provide the services we use to interact with our friends and customers, wouldn’t it be better to build our own, one that reflects our interests and passions in an authentic way. This is a global business where the profits stay in our market, constantly being re-invested ensuring we all reach our maximum potential.
The Project FAQs
Q: What is a Catty Town Trading License (CTTL)?
A: To trade on the future platform all traders will need a Catty Town Trading License. Once the platform goes live these licenses will be available for purchase for €50 each. Traders can buy these direct from Catty Town or from a friend they know that has a license for sale. If you are a trader yourself, you will need to keep one license for your own activity, leaving you four to sell or give away for friends and other traders. If you own 2 revenue shares you would have 9 licenses to trade or give away. If you sell all your available CTTL's you will already have made most of your initial investment back, before any revenue dividend is paid.
Q: How many CTTL's will exist?
A: We are issuing 1000 revenue shares, which will create 5000 trading licenses. When the first 5000 are sold, we will re-issue another 5000 trading licenses to our existing revenue shareholders. The CTTL's are permanent TL's with just a once off cost but ARE non transferrable.
Q: Can I get help to trade my CTTL's?
A: The Catty Town Platform will have a system that allows traders to buy a license easily for an annual fee of €50, but the licenses being sold will belong to our revenue shareholders and will be sold on a first come, first sold basis. The very first license (in fact the first 5) we sell in this system will belong to our first investor and we will issue the revenue created directly to the shareholder, they do not have to lift a finger. The next five sold will belong to the person who purchased the second share etc. Revenue Shareholders can also sell directly to friends using this system, with the purchaser being able to denitrify a preferred seller from our list of shareholders.
Q: Are there really several ways I can get value from my initial €200 investment?
A: As listed above, you will receive CTTL's that can be sold, you will receive a preferred share in Catty Town that is a commodity with a rising value as the business develops and that you can sell on at any time in the future for a profit. But you will also receive a growing quarterly return on your investment based on the total trading revenue the platform generates. Further benefits include your own access to our global platform enabling you to reach as wide an audience as possible and sell your own goods directly to them.
Q: Has anything like this ever been done before?
A: Community owned and funded businesses like Catty Town are a new but growing phenomenon and one of the best examples is the UK Craft Brewery Brewdog who have successfully built a multi million pound brewing and pub business using an equity crowd fund approach.
Q: Are there any other reasons for investing in Catty Town?
A: Yes, we believe there are compelling community, ethical and moral reasons to invest in Catty Town. We will be providing a new online home for EVERYONE involved in any aspect of the global "Vintage and Roots" community. Catty Town exists to benefit our community, not to rip it off, check out our slide below.
The trading licenses will be available for registration and sale through the platform itself. Because Catty Town will be an exclusive buyer/seller community there are only 5000 licenses available total. By investing early your licenses can be sold for you by the platform automatically and the proceeds will be deposited in your account