Most companies out there focus on a single industry and pour all of their energy into it. TripleOne, however, is a vastly different model that has managed to become extremely successful thanks to its unique way of diversifying business and having a stable presence in various areas of business. TripleOne is a decentralized company, and one of the most successful of its kind at that  Created by the entrepreneurial mastermind James William Awad, TripleOne allows people from all across the world to come together and collaborate on different ventures.

Anybody can join at any time and work as much as they like. TripleOne is a meritocracy, where pay is awarded based on the amount of work and contribution each member brings to the team. The system at TripleOne is very straightforward. Team members gather to vote and decide what businesses to participate in, by voting on new projects and completing various tasks as well. These businesses span from wellness to food and drink, entertainment, hospitality, and more. Each team member gains points based on their level of contribution, and those points then give them segments which can amount to monetary compensation. In other words, one can work as little or as much as they like, and their pay will be a direct reflection of their effort.

As a result of this business model, TripleOne has been growing monumentally. “We are trying to provide a new model for people. The idea here is not just to make money, but also to transform the world into a place of cooperation. We want people to have the freedom to choose when, how, where, and how much they work. We are putting power back into the hands of the individual and eliminating the dreaded nine-to-five office model of the past,” says James William Awad.

Thanks to the broad scope of TripleOne’s team members and their willingness to invest in different industries, the company is almost guaranteed to always do well. Diversification is an important element for anybody; from an independent entrepreneur to a small business, the more diverse of a portfolio they have, the lesser the chance of failure, and TripleOne is the perfect example of this philosophy.

The beauty of the decentralized model is that anybody with expertise and drive is welcome on board. This is how the company has been able to make great investment decisions so far, by betting on the knowledge of its diverse members, who all get to vote. There are two types of votes that can be accumulated at TripleOne: the “normal” and the “special” vote, with the special vote having more weight behind it. The process of accumulation is based on the amount of participation each person puts in, so everything is fair in the end.

The decentralized model is quickly gaining traction and enticing budding entrepreneurs from all across the world who want a better future for themselves and for humanity as a whole. TripleOne is building an incredible reputation for itself and is being recognized as the leader of the decentralized business arena. James William Awad hopes to leave a legacy of cooperation and meritocracy that will last for decades to come.