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Topic: Charity coin! Would you be a member of the board of governors or a developer? (Read 637 times)

sr. member
Activity: 378
Merit: 325
hivewallet.com
Nice job getting it out there Nick!
sr. member
Activity: 365
Merit: 250
Making things better with better things.
Hello,  SolarCoin is going to starting soon (1-3 weeks). www.solarcoin.org is a charity coin that may interest people involved in renewable energy and sustainability.

Our goal is to have the cleanest and greenest coin for an audience interested in that.  Spend to save the planet. As the functional utility (demand) for the coin increases our capacity to issue from the reserve account increases. The goal is a stable currency with growing demand.

SolarCoin is setup with a huge pre-mine and an independent board of governors and an independent board of givers to control public issuance to limit inflation impacts.  the goal is a charitable circulation to reported entities using a stable unit of value rather than having the coin be a speculative vehicle.  Initially it will likely be speculative as miners will be and are intended to be the primary recipients of coins relative circulation base.

we need some good economists to help with our estimates on the optimal marginal incentive for solar energy production as a coin target value at either regional or global level.  Any economists or others with renewable energy backgrounds from multiple countries and regions (primarily PV), drop me a line, it would be great to talk. We will need people nominated for our board of governors. 

Developers we will need our litecoin fork maintained, blockchain, fuacets (special green angle which may use 2 factor auth).

Some of the work on the coin is based on an energy backed currency paper http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1802166

If anyone would like to know more or would like to help out let me know, we are interested in thoughtful feedback from the community and being as open and transparent as possible.  the project is being run under the auspices of the name: www.opencentralbank.org

For full disclosure 0.50% of the pre-mine is reserved for a founders fund.

N
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