Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 32. (Read 138370 times)

     Discussion of incorporation, in which the following key points were raised:
        Generator and Genesis Pools may need to be governed by different legal entities.
        Possibility of dividing the Generator Pool to be governed by multiple legal entities in multiple countries.
        Importance of flexibility to be able to change jurisdictions if necessary.
        Need to consult with attorneys in jurisdictions of interest prior to establishing complex legal structures, e.g. multiple entities.
        Importance of establishing legal existence of the SolarCoin Foundation in a simple way as soon as possible.

By the time the distribution end we will either have thorium reactors or nuclear fussion

The SolarCoin Mission:

Recognizing the value of renewable energy for the economy and environment, the SolarCoin Foundation strives to increase global solar electricity generation. To achieve this mission, the Foundation provides economic incentives to producers of solar energy in the form of a digital currency called SolarCoin.

Goals & Scope:

The SolarCoin Foundation grants one SolarCoin (§1) to community-verified solar electricity generators for each megawatt-hour (1 MWh) of solar electricity produced. The Foundation also grants SolarCoins each year to environmental charities, nonprofits and worthy ventures consistent with our mission. Sufficient quantities of SolarCoin are believed to have been created and are held in reserve to fulfill these goals for the next 40 years.

Community & Governance:

The SolarCoin Foundation is a global not-for-profit community of volunteers and supporters who champion the SolarCoin mission. The community is led by a 5-member Board of Governors who pledge to uphold the SolarCoin Foundation Bylaws in pursuit of the mission and goals.

The Bylaws explain the activities, roles, responsibilities and operating constraints of Foundation volunteers and personnel; criteria for membership and roles of members in governance; and procedures for selecting Governors, developing organizational policies, and amending the Bylaws and Charter.

SolarCoin Recipients, Users & Supporters:

The SolarCoin Foundation encourages individuals, businesses and organizations to consider the uses and benefits of SolarCoin. Use SolarCoin to buy, sell, invest, trade, donate, give or receive and you are contributing to the mission by generating solar-based economic activity. Thank you for embracing the vision of a better world we can create together through our voluntary economic actions.

Sorry about the delay. We've all been very busy. Will try to get them out to the community soon.

Meeting minutes?    

go solar with BTCitcoin

https://bitcointalksearch.org/topic/m.7607842

we are taking orders

Any idea what the new block reward will be? 1 to 5 solarcoins every minute would really make the price go up.

The problem is that there is no way to verify where the coins are going.
He could easily claim that he paid this and that and actually dump the coins.

Besides...what are people going to do with the coin?
Nothing. They just dump it to cover cost.

Can you do something else?
By the time the distribution end we will either have thorium reactors or nuclear fussion

The general consensus is that "premine" is evil, but that is because with most coins the premine is solely for the dev to make a quick buck. But with solarcoin, the premine is what allows for solar power grants, which will ultimately be the source of value for this coin. If you get rid of solarcoin's premine, solarcoin will die, and the entire purpose behind the project will be null and void.

From an organizational development standpoint, about to become more alive than ever before.

We had our second Board meeting yesterday and minutes will hopefully be ready to publish to the community within the next few days. Some important decisions were made.