Its a concept coin, that is testing new monetary rules, based on naturalmoney http://www.naturalmoney.org/
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Natural Coin
Natural Coin is a self balancing system, based on years of studying monetairy system's economic stucture and building tools for payments.
This system has a built in basic income.
Whenever a person enters the system, he generates 1000 nc, and he will have to pay a membership fee of 50€ to 100€ to the community.
The system has a relativeily high demurrage, witch automatically transfers money from the richest to the poorest, balancing at 1000nc The system allow's for anonymous accounts, but will not be credited basic income unless it is associated with a bitnation ID.
This system is based on the conscept of Natural Money
This system has a complete ban on usury, which is charging interest on loans.
Water standard
1nc is tied to 1 liter of high standard drinkable water. Right now its natural spring water from Finland (shipping cost not included)
Cash Vouchers
You can create your own cash or voucher by printing a note, that you generate. These use old fashioned barcodes.
Natural Coin is a self balancing system, based on years of studying monetairy system's economic stucture and building tools for payments.
This system has a built in basic income.
Whenever a person enters the system, he generates 1000 nc, and he will have to pay a membership fee of 50€ to 100€ to the community.
The system has a relativeily high demurrage, witch automatically transfers money from the richest to the poorest, balancing at 1000nc The system allow's for anonymous accounts, but will not be credited basic income unless it is associated with a bitnation ID.
This system is based on the conscept of Natural Money
This system has a complete ban on usury, which is charging interest on loans.
Water standard
1nc is tied to 1 liter of high standard drinkable water. Right now its natural spring water from Finland (shipping cost not included)
Cash Vouchers
You can create your own cash or voucher by printing a note, that you generate. These use old fashioned barcodes.
Its a fully working system, as a eCurrency, it has not yet grown to a full blown p2p crypto, but It will. We just need to get some funding to quit our day jobs. We offer bitnation ID registration and full membership with some coin to get you started and basic income for 50€.