Purple Inc.: Difference between revisions
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'''Purple Inc.''' is a company, as well as | '''Purple Inc.''' is a company, as well as sovereign state. It is owned by Purple Holdings Inc., which also owns other subsidiaries under the Purple umbrella. Purple Holdings Inc. is entirely owned by [[User:Ashe|Ashe]], who is also the chief executive officer and sole board member of Purple Inc. | ||
== Structure == | == Structure == | ||
=== Purple Holdings Inc. === | === Purple Holdings Inc. === | ||
Purple Holdings Inc. was founded on {{#dateformat:22 December 2023}}, at which point all shares in Purple Inc. got transferred to it. Its sole purpose | Purple Holdings Inc. was founded on {{#dateformat:22 December 2023}}, at which point all shares in Purple Inc. got transferred to it. Its sole purpose was to own other companies under the Purple umbrella, enabling it to carry out activities that may be impractical or legally impossible as a Solstan province. Its future status is unclear now that Purple Inc. is a sovereign state and thus unbound by Solstan law. | ||
=== Purple Inc. === | === Purple Inc. === | ||
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The province was formally incorporated as Purple Inc. on {{#dateformat:20 December 2023}}, becoming the first corporate province of Solstice Federation, and was 2 days later made a subsidiary of Purple Holdings Inc. | The province was formally incorporated as Purple Inc. on {{#dateformat:20 December 2023}}, becoming the first corporate province of Solstice Federation, and was 2 days later made a subsidiary of Purple Holdings Inc. | ||
Shortly after [[People's Democratic Federal Republic of Solstice]] was established, Purple Inc. seceded on {{#dateformat:8 May 2024}}, becoming the first corporate sovereign state on the server. It joined the [[Solstan Union]] on {{#dateformat:9 May 2024}} in order to ensure its own safety. | |||
=== Purple Commerce Inc. === | === Purple Commerce Inc. === | ||
Purple Commerce Inc. was founded on {{#dateformat:22 December 2023}} as a subsidiary of Purple Holdings Inc. for the purpose of being able to do business with other entities without being constrained by the Solstan constitution's limit on the power that provinces have. | Purple Commerce Inc. was founded on {{#dateformat:22 December 2023}} as a subsidiary of Purple Holdings Inc. for the purpose of being able to do business with other entities without being constrained by the Solstan constitution's limit on the power that provinces have. Its future status is unclear now that Purple Inc. is a sovereign state and thus unbound by Solstan law. | ||
=== Purple Software Inc. === | === Purple Software Inc. === | ||
Purple Software Inc. was founded on {{#dateformat:22 February 2024}} as a subsidiary of Purple Holdings Inc. as its software development arm. It is responsible for all software development activities under Purple Holdings Inc., including holding any intellectual property rights associated with said software. | Purple Software Inc. was founded on {{#dateformat:22 February 2024}} as a subsidiary of Purple Holdings Inc. as its software development arm. It is responsible for all software development activities under Purple Holdings Inc., including holding any intellectual property rights associated with said software. Its future status is unclear now that Purple Inc. is a sovereign state and thus unbound by Solstan law. | ||
Unlike the other companies, Purple Software Inc. is registered not within | Unlike the other companies, Purple Software Inc. is registered not within the country of Purple Inc., but within Republic of Quebec. This was with the goal of avoiding Solstan regulation pertaining to software, particularly the [https://docs.google.com/document/d/1atGK8ez4TyzWG59VrGoC9hNAow0dleQtQ_xv7nmzR0U/edit Software Freedom Act]. | ||
Purple Software Inc. exclusively licenses its software to Purple Commerce Inc., which is then responsible for distributing it. | Purple Software Inc. exclusively licenses its software to Purple Commerce Inc., which is then responsible for distributing it. | ||
Revision as of 06:23, 12 May 2024
- I COULD HAVE DONE THAT 67% FASTA! This article is a stub. You can help by expanding it.
Purple Inc. is a company, as well as sovereign state. It is owned by Purple Holdings Inc., which also owns other subsidiaries under the Purple umbrella. Purple Holdings Inc. is entirely owned by Ashe, who is also the chief executive officer and sole board member of Purple Inc.
Structure
Purple Holdings Inc.
Purple Holdings Inc. was founded on 22 December 2023, at which point all shares in Purple Inc. got transferred to it. Its sole purpose was to own other companies under the Purple umbrella, enabling it to carry out activities that may be impractical or legally impossible as a Solstan province. Its future status is unclear now that Purple Inc. is a sovereign state and thus unbound by Solstan law.
Purple Inc.
Purple Inc. was originally founded as a non-corporate Solstan province under the name Unnamed Solstan Province on 10 December 2023. At the same time, the Provincial Court of Unnamed Solstan Province was established, with its chief justice being Ashe.
The province was formally incorporated as Purple Inc. on 20 December 2023, becoming the first corporate province of Solstice Federation, and was 2 days later made a subsidiary of Purple Holdings Inc.
Shortly after People's Democratic Federal Republic of Solstice was established, Purple Inc. seceded on 8 May 2024, becoming the first corporate sovereign state on the server. It joined the Solstan Union on 9 May 2024 in order to ensure its own safety.
Purple Commerce Inc.
Purple Commerce Inc. was founded on 22 December 2023 as a subsidiary of Purple Holdings Inc. for the purpose of being able to do business with other entities without being constrained by the Solstan constitution's limit on the power that provinces have. Its future status is unclear now that Purple Inc. is a sovereign state and thus unbound by Solstan law.
Purple Software Inc.
Purple Software Inc. was founded on 22 February 2024 as a subsidiary of Purple Holdings Inc. as its software development arm. It is responsible for all software development activities under Purple Holdings Inc., including holding any intellectual property rights associated with said software. Its future status is unclear now that Purple Inc. is a sovereign state and thus unbound by Solstan law.
Unlike the other companies, Purple Software Inc. is registered not within the country of Purple Inc., but within Republic of Quebec. This was with the goal of avoiding Solstan regulation pertaining to software, particularly the Software Freedom Act.
Purple Software Inc. exclusively licenses its software to Purple Commerce Inc., which is then responsible for distributing it.