0 Contents: 2
1 Summary TREEZ 3
Intro, why cryptocurrencies?
Tree Coin, TCF & ESI
Tempo/ Reserve Fund
2 Introduction to TreeCoins 5
Tech matters 5
Disbursement scheme 7
Expenditure and Reserve Fund 9
Tree Coins concept 10
The Tree Solution. Disrupting the “aid” sector 11
what is Rooting? 13
Legal matters, Voting shares 15
3 Team (FS, AI, RL, RF, CJ, FJ,TC) 16
4 What makes us stand out: 19
Need & Scope 19
Vision: Hope & Inspiration 23
5 More Innovative Tools and Strategies:
3 strategies (Toolbox, Eco platform, Impact Investors) 25
Swarm of currencies 29
Governance of the Commons, DAO 31
Coding the Ecosystem 32
1.1 Introduction, why we need a new Crypto Coin?
We at Tree Credits Foundation are working to make a worldwide basic income for eco volunteers possible. To fight poverty and climate change as one combined issue. We are creating online registration and monitoring systems to make it easy for impact investors to invest securely.
People usually don’t realize that money is an invention that works only because a community stands behind it, willing to use it in exchanges for goods and services. Most currencies are creatures of national governments that manage and back them. But what if a poorer community created its own currency to foster social exchange? That’s what happened in a several informal settlements, or slums in Kenya.
If communities could control their own means of exchange, they could make exchange work for their own purposes. They could lower their dependency on Kenyan shilling by using Local-Pesa when possible, thus creating a buffer for the community that helps it keep life going even during the worst economic periods.
So why should Tree Credits Foundation, as a recognized charity, create its own currency? And what are the possibilities?
To answer this, first we should look at the function of cryptocurrencies in general and where the blockchain revolution is about.
The Internet brought a revolution in communication, blockchain will bring accountability and will make innovative online organisation structures feasible.
6 fields of blockchain transition:
To enhance financial resilience (in case of a $ crash) by providing diversity; by creating an alternative ecosystem.
To reward Eco and Social Volunteers with support and an income;
To empower coin users and coin issuers. Local currencies for cash poor areas
To enable nearly free global transactions (payments and smart contracts)
To allow management by the crowd using Gamification, scores and ratings, various Crypto Tokens and lots of AI, apps and bots.
To facilitate monitoring, (supply chain) certification and rating of produce, products and services.
TreeCoins, TREEZ, is the first of a Swarm of cryptocurrencies, one Coin might be needed for each Niche, where Volunteer Work and Ecosystem Services should be rewarded.
1.2 Tree Coins,TCF & ESI
Tree Coin (TREEZ) is an innovative cryptocurrency created on the new ESI/Nxt ledger.
Tree Coins is an venture of the Tree Credits Foundation, a recognized Dutch charity, (ANBI). A working group has been set up, managed by Angel Imez, a superb Coder and Environmentalist, to make money great again! Starting with TREEZ.
Recently Angel created the ESI platform, a soft fork of the Nxt blockchain ledger.
This vital innovation enables TREEZ, to have nearly cost free (micro-)transactions and low cost and safe storage of (registration) data on a crypto notary.
Also our planting partners and other groups and organisations might benefit:
ESI makes owning your own currency EASY.
Low or no transaction costs; sign up bonus for Green groups or organisations!
ESI stands for Ecosystem Services Income, a kind of Basic Income for Eco Volunteers, reflecting on our goals: to address global nature loss and inequality and facilitate the necessary Transition.
Tree Credits Foundation:
The currency and platform have been designed as a toolkit in the joined fight against rural poverty and climate change. The ultimate goal of TCF is to plant “2 trillion trees” by 2050; our method is to empower 2 billion small farmers worldwide; to assist them and reward farmers, tribes and eco-volunteers for their Ecosystem Services.
Tree Coins will play be a central role a complete and viable ecosystem.The synergy will open many venues for sustainable growth and scaling.
Parties involved in the TreeCoin’s Rooting system:
The Online Platform, which we are building, will be Efficient and Scalable and will have the potential to disrupt the existing (and failing) Development + Aid sectors.
We will strengthen ties with the newly emerging impact investors, Transition and climate finance sectors.
1.3 “Rooting”: Each Coin is associated with a registered location and/ or tree.
Tree Coin is an Altcoin with a difference: each Coin is Rooted into the Earth.
For each Tree Coin, one recently planted tree and/ or a plot 3x3m restored land will be registered. This data collection will be done with our TC apps and bots (GPS + photo of location), by individuals and by our partner tree planting organisations. The registered locations will be monitored and will be supported for at least 10 years.
The benefits of the rooting system for poor countries will be twofold:
1. Each coin will reward the tree/ land caretaker for 10 year for maintenance, by issuing 0.10 TC/ year, or more if others join hands.
2. The rooting system, the registration and monitoring of trees and land, will be tailor made to give Green/ Impact Investors the security needed to invest in land restoration.
The location = an ESI Account ESI-001 for example. The account has properties, which could be the owner of the location (or registrar) and gps coordinates.
Then the Location account becomes a bucket to hold the immutable information for the location. For example, let’s say a tree is planted then an asset of that tree species gets transferred to the location.
-> ALMOND type planted (as asset)
Then another action happens like somebody goes and monitors, then a message or a token can be sent the location account ESI-001 with the outcome.
-> 1 ALMOND
-> Monitoring outcome(message, notary, etc).
Then the token TREEZ comes here, this is the PES payment. This will be done periodically and calculated based on the PES services provided by the location. So let’s say that ESI-001 in year 01 (period) has earned 1 TREEZ. Then the TREEZ is transferred to the location, or to the owner of the location. This we can define, as there could be rules to allow the owner of the location to transfer the TREEZ by validation of a central authority, or by a group of accounts, a community account etc. This we can decide.
-> 1 ALMOND
-> Monitoring outcome(message, notary, etc).
-> 1 TREEZ
So think as the account as the representation of the area, the rooting as planting assets in that area. The mining as evaluating the value of that area based on the monitoring and species etc.
This provides an objective way of:
2) Representing any physical asset or service no that area
Is it more clear now?
1.4 We are in it for the long run!
Working with trees and landscapes means working with a 20 year timespan of the projects. This long time frame stands miles apart from the Fintech time perception. This being a hybrid project, we have to set our own timing.
We don’t like the big bang ICO, rather the opposite, I like to keep it exclusive and as small as feasible, in the beginning. However, we are convinced of the huge potential of the venture and expect that within 4 to 5 years TreeCoin will be a force to reckon with.
To Stop Speculators, (sorry it’s not for you, if you’re in it for the short term!) we will actively intervene if TreeCoins leaves its planned path and dampen both ups and down by special AI and a substantial reserve fund (>50%!).
2 Introducing Tree Coins, TREEZ
2a “Tech potential”
TREEZ will be a listed cryptocurrency for general use, run on the energy efficient Nxt/ ESI blockchain platform.
Blockchain and “The Digital Revolution,”
Once Blockchain might be remembered as the final piece of the puzzle towards a truly digital era. Blockchain brings accountability to online projects.
I insert a recent article from CoinTeleghap.com:
How can Blockchain help the unbanked?
People who have bank accounts can easily ride the flow of the economy to fill in their basic needs, but what about individuals that do not have access to one? Blockchain may be able to help.
Here are three key ways Blockchain may improve access to the unbanked.
1. Easier access to mainstream financial system
Banks require an enormous amount of documentation to process loans for their customers. While that process may be considered as a long time-standard, it’s still discouraging.
With Blockchain, there is almost no chance of fraud. This makes it easier for customers to become part of the system while maintaining a high-security level – a win situation for both parties.
2. Easier and more affordable remittances
Since we’ve already established that not everyone in the world has access to a bank account, especially for countries with lower standards of living, mobile phones can be powerful tools.
Blockchain technology and cryptocurrencies create a medium for easier money transfers via mobile phones. Having a bank account is no longer needed to send or receive payments from anywhere in the world.
3. Access to more reliable financial products and better protection
Blockchain just plain works, and provides security and fraud prevention.
The transparent and immutable nature of Blockchain technology comes into play here. Remember that the information in the Blockchain is stored in a huge publicly distributed ledger wherein the details are visible to everyone in the system. Transparency is baked-in.
In terms of reliability, the old method requires too much human intervention in order to function properly. This incurs a great deal of cost. In Blockchain technology, everything operates almost automatically while maintaining reliability by enforcing the set algorithmic standards.
With the lowered cost of operation and maintenance, insurance companies can provide customers better services and policies.
In case of giving out loans Blockchain gives better assurance to the lenders by making sure that every contract they are signing is genuine to avoid any fraudulent activity.
Quote about Bitcoin from Brasil:
Those who have lived through hyperinflation can really understand the value of a deflationary currency.
That’s why we love Bitcoin, and why most of the central bankers hate it. Deep down they are envious, even fearful, of Bitcoin’s economic model. Bitcoin has achieved what is impossible for them, the creation of the first truly deflationary currency that’s free from the mismanagement of governments.
Nxt platform, Ardor
In a long and rather boring article, the world economic forum writer lists a list of leading digital assets (page 21). Ardor was listed as 7th in the list of “Top 10 Digital Assets, as of 17 June 2017”. In fact Ardor is not a digital asset, it is a revolutionary blockchain architecture designed to solve the blockchain bloat problem.
Interestingly enough you can see that the only “Digital Asset” which maintained its value during this period is Ardor.
Ardor has an improved blockchain architecture compared to Nxt from which it is a fork.
From the beginning at was envisioned that TreeCoin and thus ESI would be transferred to Ardor whenever they are ready, but not yet.25-10-17
IOTA has developed one of the latest in blockchain architecture: the Tangle, think fractals.
Angel is working with them on the next phase: Organic Architecture
2b Disbursement scheme TREEZ
100Million Tree Coins have been created and will be brought into circulation in a planned fashion over the next 3-4 years.
Proposed Coin issue program
price % of issue
Max Qt TREEZ issued
issue free to TC Fdn & Founders
Ongoing partner PES projects
0 – 20%
0 – 20%
0 – 20%
Pre sale in Nxt
1 -12- 17
Reserved for Tree Registration
Reserved for PES projects
TREEZ Disbursement scheme, above, can be summarized as follow:
20% of TREES issued to Founders and all involved in ICOs
20 – 25% for pre-sales and ICO
20% reserved to support registered Trees and other PES project
35 – 40% reserved for issuing to market upto 2020
2c Expenditures & Reserve Fund
How to allocate incoming funds over the various uses, will adhere to some general rules:
A Reserve and Stabilization Fund will keep between 50 and 10 percent of the total value of the TreeCoins issued in reserve, depending on the risk of a run on the coins and other such factors.
There will be 2 funds: one will be a basket of fiat currencies (Euro, IRs, Yen, Aus$ Sin$. Not US$), second one in mixed crypto coins, lost of Nxt/Ardor. We will have these funds in place before floating the currency on the various exchanges.
Of the other half or more the income, >40% can be used as working capital and to pay wages, and >10% is reserved for registration bonuses, PES & tree maintenance costs.
Basically we try to keep upto 50% of all Coin income in a reserve and stabilization Fund.
In fact there will be 2 funds: one in fiat money (Euro, IRs, Yen, Aus$ Sin$. Not US$), second one in mixed crypto coins, most Nxt/Ardor. We have to have the funds in place before floating the currency on the various exchanges.
The reserve funds will be established to be able by using intelligent trading software to maintain a minimum price, once the TC is listed on the exchanges. We foresee an issuing policy, such to keep the number coins in circulation low. All this is meant to dampen speculation and boom/ bust cycles; we plan to engineer a steady rising currency, reflecting its increasing intrinsic value and usage.
2d TreeCoins (general)
Tree Coins is an alternative crypto currency with an intrinsic value:
each Coin will be Rooted into the Earth.
100Million Trees Coins have been created and will be brought into circulation in a planned fashion over the next 3-4 years. In a similar time we expect to register over 100Mn trees and restored landscapes. The first tree registration drive is on its way with our partners AWG/ FMF in Kenya and CREA in South India.
“TreeCoins will be a proof-of-work issued e-currency that will represent the interest bearing benefits of tree planting, tree care and landscape restoration work” CJ.
TreeCoins are like dividends of the trees/ locations registered.
These locations will be counted and TreeTokens will be issued on the ESI ledger. Unlike these Tokens, TREEZ may be sold on the market to all interested parties at fair market value.
Presuming that a modest ICO price will be around 10 Euro cents or 1 Nxt, the intrinsic value of the coin within a whole ecosystem, is thought to be above or around 10 Euro and reach that in 3-4 years; or at least, that is what it will cost to take care of a tree for 10 years. When that happens the system might become circular and the program might even run without outside finances.
All parties involved in the TreeCoin’s Rooting system
2e Tree Solution and the need for a new delivery system
The ‘tree solution” could take us a long way that solve global (rural) poverty and climate change as one combined issue; using the combined power of the internet and the blockchain.
Tree Solution: planting Food Forests and Restore Landscapes worldwide.
Our final target is to double the global tree cover. Trees are a major tool to detox the air, to stabilize water and climate and to bring income to the rural poor.
Trees are able to store carbon in wood and soils and so reduce CO2 in the atmosphere and to provide Timber, Food, Income, Clean Water and Air and a Biotop for wildlife.
Land development is special, because each location is unique and merits a holistic approach, where respect for the locals should be central. This makes community based land development difficult to manage and scale, unless the locals take the initiative!
Here locals also include local nature itself (natural regeneration), local farmers (+ their goats!) and local power structures and all. These local initiatives can be voluntary, we want to stimulate these kind of initiatives with support, rewards and viable business models.
TreeCredits/ TreeCoins wants to disrupt the Land Development and Green Finance Sectors.
We will use blockchain tech to make the delivery of “bottom-up” social and climate aid feasible and efficient. Many development sectors have chronic problems of ineffective middlemen, and need an alternative platform, able to deliver know-how, funding and other assistance, online.
A major by-product of all online registration and monitoring bots is to improve accountability for impact investors and allow finances to flow directly to the grassroots.
Our target group are local enterprising people, (like small farmers) schools and other organisations and groups, who are cash poor and located near degraded lands.
Those we want to offer access to international resources; to get support and potentially a small but fair and steady income.
Only local volunteers might be diverse and efficient enough to upgrade their local environments. Examples of voluntary activities, who merit our support:
#beachcleanup #treeplanting #urbanfarming #organizing #educating #promoting #coding #caring #sharing #community cooking #washing the dishes #telling the stories #etc
By organising it online, we want to make P2P Project Assistance & PES scalable.
2f How the Rooting system works?:
TreeTokens, TT’s are issued when young trees or restored locations (3x3m grid = 1 tree) are registered with our Tree app which include GPS location and photo of the place or the tree. We will pay a registration bonus.
This registration process we call Rooting and forms the base of intrinsic value of the TreeCoin, since we guarantee a fixed relation between the number of TT’s rooted and TC’s issued, so each coin has a stake in the returns of one tree (may it be clean air, fruits or carbon credits). So the number of TTs limits the quantity of TCs issued.
TT’s pay yearly dividends in Tree Coins to the location or its caretaker. Even monthly, so that real tree activists with sufficient quantities of trees registered could get a basic income this way (if TCoin price reaches 10 euros).
– The rooting process links the coins to locations and gives intrinsic value to the coins and 10 years of upkeep of the location
– This rooting process limits the quantity of the coins to the land surface restored and registered
– This rooting process has high value for SDG donors and Impact Investors
– This rooting process has value for linking up to VER and other emission compensation schemes
– This rooting process is community based and enhance both the local environment as well as local empowerment
2g Legal matters and Voting rights
Tree Coins will have the character of a Social Enterprise (profit not the main objective)
For now under Dutch law; starting off as a workgroup under TreeCredits Fdn. a recognized charity.
The Netherlands have no policy yet or even the intention to regulate blockchain and ICO’s. The various governments are waiting for Brussel and Frankfurt, who in turn have to find a compromise of the 27 members, which will not be soon.
From the press:
In the West and the EU, ICO bans are not expected, but rather stricter regulatory rules, fines and penalties for cybercrime and other criminal activities. ….. the legislation lacks harmonisation and the European Securities and Markets Authority has not yet covered ICOs, implying that national laws of member states are currently crucial for the ICO process.
Therefore we plan to take one year to draft a suitable legal structure, taking in consideration the potential, expected state regulations as well as to build in the securities which will be needed by (impact + institutional) investors to invest.
TREEZ will have democratic internal voting system with an own crypto voting token (TVQ?) on the ESI ledger.
We propose to divide the Voting sh in 4 equal parts to all contributers:
To the founders – to the workers – to the users – to the investors
We expect lots of overlap between all these categories and shifts when time passes, but for now we have the following in mind:
Founders: TC Foundation, Founders, Founding partners total 25%
Workers: ICO related 7%, partners 3%, future reserve 15% total 25%
Users: reward all meaningful transaction and initiatives, total 25%
Investors: back pay work done 5%, ICO start up help 5%, Reserved 15% total 25% together 100%
Quote about blockchain democracy:
Democracy is risky. We do have a reserve of tokens which are reserved for beneficial uses, and then the decision of what’s a beneficial use is made democratically. I think in the end either you have a democracy or a dictatorship.
In the beginning it will be more of a dictatorship, because the founders own a lot of tokens. Just as Ethereum in a way is a benevolent dictatorship of Vitalik. In the beginning the founders own a lot of tokens, so the democratic mechanism in essence will be dominated by the founders and founding organizations, but as the system develops, the democracy will be more and more about whoever owns tokens gets to vote.
3 Team (FS, AI, RL, RF, CJ, FJ, TC?)
As a young design student in the 1970’s, I was already interested in how design could help fight the depletion of the earth as well as global poverty. In 1972 I read: Limits to growth from the Club of Rome and Small is beautiful by EF Schumacher.
I ended up in SriLanka as a volunteer and for my Masters thesis I researched the production of child food from leaves. I soon got a job there, in the community development sector to help village start-ups and got involved in the planning of both the first government self help housing scheme and also in the setup of one of the first microfinance schemes.
In 1990 I started a workshop making wooden toys, which grew big and is still exporting.
In 2008 I started to research how to have real impact, best on a global scale.
Other TreeCredits directors:Photos + 400d story or only photo +name+?
4a) Need and Scope
Tree Credits Ecosystem
We, at TreeCredits and TreeCoins, are working to set up tools and systems to facilitate a universal basic income for ecosystem services.
We proposes a system to reward eco-services to all who deserves it, globally.
We propose a small monthly pay per tree (or equivalent), since our main focus is growing Trees, Land & Water Restoration, with community based methods and scale. #Agroforestry #FoodForest #Mangroves
#EVI Eco Volunteers Income combines #PES Payments for Ecosystem Services with #UBI universal basic income. The Methods to Save our Planet!
We target local volunteers, since they might be the ones diverse and efficient enough to upgrade their local environments, themselves. They could do it, but not without our support.
For this goal we are developing a Platform to host a choice of support services (bots & apps), including financial ones. To support existing private initiatives worldwide and to help the scaling up of the success stories.
Eco-Volunteers are doings things like:
#beach-cleanup #treeplanting #urban-farming #recycling #repairing #organizing #educating #promoting #coding #caring #sharing #community cooking #washing the dishes #telling the stories #etc
TreeCredits Foundation conducts trials in India, Sri Lanka and Kenya.
However our primary task is to develop an efficient universal payment and financing system. Especially, how to scale it, since it is our goal to double global tree cover, restore most of all degraded soils and raise 2-3 billion marginal farmers out of poverty by 2050.
The necessary Funds are large available, we are talking billions a year (like Acumen Fund, Green Climate Fund, Seoul), but most is not spend yet, since the bulk of tech-based methods, how to organise and monitor bottom-up projects, have still to be invented.
This is where TreeCredits come in, to design and develop methods and standards for registration and monitoring of land use.
Our motto: “The two defining challenges of our century are climate change and poverty. And if we fail on one, we will fail on the other”. Lord Nicholas Stern: 2009
With Agroforestry, Trees and land restoration as prime solutions for both issues.
Where: on degraded soils, see map!
The Tree Solution: Planting Trees on degraded Lands have the potential to cool the earth and to feed the people.
Our target is to restore most of the pre-human tree cover on Earth. A target deemed to be feasible, if we go for it! and it will be enough to have a decisive impact on global warming. To have the desired Impact: to repair Climate Change and reverse rural poverty and emigration.
Land Restoration Sector
Other than with healthcare and schooling, which can be organized top-down, land-use change have to be done together with the local people, bottom-up, since each location is different.
The problem is that there is not enough landschap/ agroforestry expertise worldwide to supervise all these divers projects. Specialist companies like Commonland.org who are trying to work bottom-up, involving the locals and volunteers, are doing well, but struggle to scale up and find people with the right skills.
That is why we are working to get most tasks done online and build a platform to inform, educate, finance and implement projects, and follow-up and monitoring worldwide.
Using Tree Credits To Promote Sustainable Agro-Forestry
TreeCredits is testing a simple monthly Pay-per-Tree system in India (second trial, involving local currency just started) and developing registration apps and payments systems in Kenya.
TUQ Tree Unit Quantity
As part of the registration and monitoring systems we are working on, we propose a new holistic unit to measure the benefits of Land Restoration:TUQ. Tree Unit Qt. refers to the way we intend the compare the benefits of the various ways of land restoration to an “average” tree, using the ‘4 returns’ evaluation, pioneered by Commonland. This “average tree” unit will be factored to regional circumstances.
It might be obvious that we cannot put a figure on each (unique) location; until science comes up with the methods and figures, we will use broad categories and a star rating system.
TreeCoins/TreeCredits; which problems we try to solve?
Actually only 2% of climate/SDG monies reach the grass roots (see recent MRI report); we are developing systems where a minimum of 50% of all funds will reach the target.
To provide security and facilitate Impact Investment, we are developing a novel registration and monitoring system
To bypass a severe lack of specialists for land restoration worldwide, we will create an internet platform to support environmental action worldwide
To fight poverty by infusing cash and insurance (for schooling and healthcare) into cash-poor communities, we plan to introduce various types local currencies in the project areas.
To give a voice to the voiceless, a chance to participate online in setting the rules for this new economic ecosystem.
To give inspiration and a vision how to have real impact; by being part of our gamified development platform.
4b) Vision (inspiration, hope)
For a meaningful Transition, what is needed at first is a Vision with Hope and Inspiration. To give hope for those feeling powerless.
New technology allows us to change fundamentally the narrative we live in, how we organize our world.
While Internet is the main Communication Platform, Blockchain tech is the major Organization Tool. (combined with #IA #bots #tangle)
Enormous opportunities are opening up to steer (even as an individual) the transition underway into a sustainable direction. This ongoing transition of existing structures could well be complemented and reinforced by the creation of a parallel economy/ ecosystem.
We envision a viable economy, blockchain based, joining online platforms with local groups, by using a unifying swarm of currencies, points, scores and rules.
Since the fall of the Kings and others who claimed Divine Power to rule and to have the final word, we have to decide for ourselves. Yes democracy can be a hard bargain. Makes us responsible and all that. Ourselves and what is happening in this world right now, might feel a bit like this:
What can an well informed individual do? How to avoid cynicism?
Critical thinking without Hope is cynisme, but hope without critical thinking is naivety. Maria Popova
Hope and Inspiration
The Hope I’m talking about here, is that we Hope that we will change things for the Good; that we can give Hope and Inspiration for cooperative action.
Hope that the large challenges we are facing, will bring insecurity first and a transition later. Hope makes these challenges look like opportunities for a meaningful transition.
Transition, not towards a fixed Utopia or ideology, these are technology driven processes and systems, already happening, either good or bad, which could be steered into the right direction if we believe in it and understand how to hardwire sustainability into the Code.
The insecurity of not having a big plan and not knowing what will happen, might well be our friend, because of the space it allows us: it leaves us room to influence change.
Hope is to embrace this uncharted future. It cannot be planned, still it can be influenced. Like an ecosystem (= living systems) cannot be planned, but how you take care of it, determines the way it evolves
Development & Climate “Aid”
Lessons should be learned from the past failures and how to sidestepped those, using the internet, smartphones and blockchain type technology.
Governments, Banks, hedge funds, UN, NGO’s, and so many more bureaucracy, financial and power structures, let them be, let them shrink, while a parallel more effective economy is developing globally, online.
That’s how an inclusive, respectful and still viable Transition might come within reach.
5 More Innovative Tools and Strategies:
5a) A Three way strategy to initiate Transition
Toolbox, Eco platform, Impact Investors
Our approach is to work within the existing systems, as well as building an alternative; both using the same technology, standards and currency systems, so that a new economy can evolve both from within as well as outside the way how things are organized now.
A toolbox for existing systems,
We are developing a holistic tech package for all (land, water, sea, social) development organisations and groups worldwide; to enable them to improve transparency and efficiency of their work and to scale up their impact. Such as:
Platforms for a parallel economy; we are working on various concepts:
A #DAO, a Decentralized Autonomous Organisation as a Service Platform helping all private initiatives to realize their dreams, which should contribute to create a Sustainable Economy
A platform powered by AI, computer algorithms and design protocols, that intent to assist local initiatives directly, by offering educational modules, crowdfunding and many more services.
A platform to support private initiatives and eco-volunteers around the world with knowhow (how to organize, how to design landscape restoration and to improve the local ecosystem and to generate income) and to arrange funds for maintenance and expansion.
A platform that unifies industries, disciplines and regional backgrounds to accelerate idea development and implement real-world projects. A community that enables innovation and equity ownership in projects.
The relations with and service for Impact Investors has been mentioned before, so hereby only the Wiki definition.
Impact investing refers to investments “made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside (or in lieu of) a financial return.”
Institutional investors, notably North American and European development finance institutions, pension funds and endowments have played a leading role in the development of impact investing holistically, across all asset classes, with an initial focus on private equity, venture capital and green infrastructure.
Impact investors actively seek to place capital in businesses, nonprofits, and funds that can harness the positive power of enterprise. Impact investing occurs across asset classes; for example, private equity/venture capital, debt, and fixed income.
My definition is much broader, I also include the large international Funds of which the B&M Gates Foundation is most famous, but there is also the huge Acumen Fund and many other private ones; besides the UN related Green Climate Fund.
The general public and small groups can be Impact Investors too, a special II crowdfunding platform seems the way to go.
5b Swarm of currencies
The land-use based crypto coin, TREEZ, will play a central role:
– to facilitate the rewarding of volunteers and climate smart work
– to facilitate the functioning of viable local currencies for cash poor areas
In all these projects a “swarm of cryptocurrencies” will play a pivotal role to promote mutual cooperation and so build a sustainable, parallel economy.
TreeCoins could function as a link currency in this swarm.
Need to balance resilience (= diversity + interconnections) with efficiency to create viable ecosystems. #Lietaer #fintech #treecoin
The function of this Swarm of currencies will be 3 fold:
First is monetary, the need for more diversity in our fiat domination world of boom and bust. To improve the resilience of the system. To transform the various economies into Ecosystems with a democratically run human Commons.
Second is the lack of reward systems for voluntary Social and Environmental Care and Services.
From caring for the old and sick to cleaning beaches, there are only 2 tastes: either fully paid with fiat money or pure voluntary, costs are paid for if you’re lucky.
Third is the joy that owning your own money gives, the ability to create and govern it yourself, to give it away for free, to bring joy and recognition, to bring sense of belonging to a group. Even more if you print it, (beware!) such as lottery tickets. And then, money is power.
Each organisation, group or sector can have its own (volunteer/time or asset) token/ currency and so stimulate its internal economy, even more when using our efficiency boosting toolkits.
This all will only be possible if backed up by a blockchain based banking platform, hardwired to favor the users.
5c Governance of a commons & DAO
DAO: Decentralized Autonomous Organisation. Blockchain technology allows for a new kind of self-governance of organisations. There is limited experience with governing DAOs, but expectations are sky high.
Investors establish a (monthly revolving!) fund to enable start-ups (and why not individuals or even communities) to pitch their investment needs and the potential rewards of their projects.
So funders vote where to invest. Kind of crowdfunding.
All this governed by the users themselves, not by greed, but by common interest.
How to make it work in practice? How to design a durable DAO?
Managing of a Commons.
Using the blockchain and AI helps a lot for basic security of systems, but these algorithms has been proved to be not enough the keep an autonomous organisation (DAO) governed in the long run. Here we might need a rethink and integrate groups dynamics and social cohesion into the mix and treat each blockchain platform as a Commons and govern it accordingly..
We got inspired by Nobel prize winner Elinor Ostrom’s, who researched long established practices of communities sharing land and resources
8 Principles for Managing A Commons https://shar.es/1OcieK
In our case, we see 3 levels of regulation:
1) Overall governance
define boundaries of target sector
legal within Dutch Law
open source software
Flexibility; allow choice of roles for all users
“democratic” voting rights (maybe add: “respectful”)
Forum with power to table bills a.o.
Rules, Penalty system, Conflict resolution system
Reputation scores by users, about users
Mutual responsibility at group level
Structured, intra-connected? Gamified!
2) Screening and presentation of investment plans, etc.
Define boundaries in time, costs, form, etc
Stay Independent from non-sustainability forces
5d Coding the Ecosystem
Coding Projects to be executed, together with various partners:
1) Design Coin trading and stabilisation IA, for Coin issuing and Fund management
2) Development and Educational Bots and Apps for (land) registration, monitoring, challenges, organizing, spatial planning & much more.
3) Framework to enable operation of local e-currencies (see STRO banking software). Think even e-lottery as PES, or printed lottery tickets as local currency)
4) Set up green ICO service Platform
5) Explore the functioning of a Swarm of currencies, each group one currency and how to hardwire Values into the architecture of the interactions, the exchanges. the moral bits of the , like the rules of the Commons (Ostrom), local banking (STRO) and the Donut economy (Raworth)
6) Develop own blockchain/ tangle tech and platform
To create a banking architecture which will allow to hardwire norms and rules in favour of the remote user.
7) Start Unified Platform to manage and service the emerging economy. Gamified, to motivate and to enable management by the Crowd.
See appendix 4
8) Cooperate globally and try to agree on common Standards and Practices, designed for transparency, efficiency, diversity, cooperation and Viability.
See appendix 5
We like to contribute in forming of an alternative crypto banking platform with the following functions:
Tree Coins will be a central part of a holistic (TreeCredits) ecosystem.
The synergy will open many venues for sustainable growth and scaling.
The land-use based crypto coin, TREEZ, will play a pivotal role:
– to facilitate the rewarding of volunteers and climate smart work
– to facilitate the functioning of viable local currencies for cash poor areas
This all will only be possible if backed up by a blockchain based banking platform, hardwired to favor the users.
Trichy Tree Credits project; monitoring by photo