You turn your private Folder into a shared Workspace by inviting another user as the second "member" -- you are the first member and owner of the Workspace.
By inviting additional members to a shared Workspace you enlarge the group of people who may access the Workspace and the objects it contains.
Before you turn a private Folder into a shared Workspace, please read chapter 4, in particular sections 4.4 to 4.7.
A private Folder, a shared Workspace or a Folder or Discussion within a Workspace may be made a public Workspace by inviting the user anonymous. The action lets you do this. There is, however, a more convenient way, which also gives you extended control over what anonymous may do in the Workspace:
to open its Info page.
to invite the user anomymous to the Workspace.
As a default, this will grant him only the right to read everything it contains. As a side-effect, your Workspace will also be visible in your BSCW server's Public Space (see section3.6).
Section 4.7 explains how to modify the access rights of anonymous and of other members of your Workspace.