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How BIG Group Works

How does BIG Group Work?

BIG Group is a group investment club!

BIG Group is developing an independent economy powered by businesses and investments that are:

  • 100% owned by the people
  • 100% controlled by the people, and
  • BIG Group employs a social contract that ensures fair and equal income distribution

We invest in products, ideas, businesses, and more.

Your investment value is distributed to unique tokens that have different purposes, mechanics and values.

You can use your tokens to customize your investment portfolio.

To begin, most members will join as BIG Blocks as their initial group membership options.

BIG Blocks: Member Contributions (MC)

Each BIG Block membership has a Membership Contribution value.

For instance, BIG Block 1 has a $7 USD Membership Contribution value.

A minimum of 50% of your Membership Contribution is immediately available for investment.

How is the other 50% of your Membership Contribution (MC) used?

  1. MC may be paid as Club Rewards (BBr) to the member network;
  2. MC may be used in BIG Expense Accounts to maintain platform uptime or invest in further development (expenses are voted on and approved through member voting initiatives), or
  3. Your remaining Member Contribution will be rolled up and returned to the network in the PIt Bank which is reflected in your PIt value each month.

All Member Contributions are always disbursed back into the token network to cover expenses or to increase your member token and investment value.

BIG Block: Token Distribution

Your Membership Contribution is divided into 3 token groups:

  1. BIG Block Token – or BBt
    • 23% of your Member Contribution is allocated to your BBt value
    • Your BBt has a fixed value of 0.54 USD per token
    • Your BBt are automatically invested for 12 months in the highest-earning and longest-running investment fund that is compatible with the BIG investment club
    • Your BBt will be invested for 12 months
    • Your BBt will earn compounded interest monthly – interest is determined by the fund where your BBt is invested and may have a fixed APY or a Variable APY
    • At the end of your 12 months, you will have the choice to exchange your BBt value (0.54 USD) plus compound interest (interest yield) in the form of USDB or BIGmint tokens
    • You may choose to withdrawal USDB to a local or crypto currency
    • You may use BIGmint to reinvest or utilize the BIGmint protocol to mint different tokens
  2. Personalized Investment Token – or PIt
    • A minimum of 27% of your Member Contribution is allocated to your PIt value
    • It is estimated that PIt value will never fall below 0.00189 USDB per token
    • PIt value may increase based on rollover funds from burned BIG Block Rewards (BBr)
    • PIt value is displayed on the pit.browninvestment.group website
      – Your initial BIG Block PIt tokens are automatically invested for 12 months in the highest-earning and longest-running investment fund that is compatible with the BIG investment club
    • At the end of your 12-month contract your PIt will be credited back to your account
      – Also at the end of your 12 months, you will have the choice to exchange your earned compound interest (interest yield) in the form of USDB or BIGmint tokens
    • You may choose to withdrawal USDB to a local or crypto currency
    • You may use BIGmint to reinvest or utilize the BIGmint protocol to mint different tokens
  3. BIG Block Rewards – or BBr
    • Members may earn BBr by referring new members
    • Each BIG Block has a unique Rewards payout schedule
    • After issuance BBr is only available to withdrawal for 30 days
    • Any unclaimed BBr is burned (deleted) and the USDB value of the burned token is rolled up (sent) into the PIt Bank and reflected as an increase in the value of PIt tokens network-wide

BIG Blocks are the cornerstone of the BIG Group. Member Contributions provided through BIG Blocks help to create stability and improve development network-wide.

BIG Group Mechanisms

BIG Blocks are just one mechanism that helps to facilitate BIG Goals and our primary mission:

“decentralized economy and management bound by a social contract that constrains maximum individual profit within the network.”

There are additional components that bind BIG Blocks to a set of rules: learn more about BIG Blocks here.

Additional mechanisms that are building blocks for the network include:

  • Tokens: Learn more about tokens here.
  • Funds: Learn more about funds here.
  • Voting: Learn more about voting here.
  • Independent Investments and Businesses: Learn more about SIPs and SIFs here.
  • BIG Investments and Businesses: Learn more about BIPs and BIFs here.