We aren't referring to mining.  You aren't the first person to refer to mining no worries.

We are talking about utilizing the blockchain to fund green entrepreneurs within a transparent voting  system
AND ...
tracking the origin of products and then on top of that create a verifiable digital green standard to certify products are green/sustainable.

We hope this clarifies. 

Solving Climate change via cryptocurrency.

(Apologies this is written in the form of an article instead of a quick forum post).

Every generation wishes better for its children, so why are we not acting as such on climate change?
What makes this issue so special, so elusive? After all there is only one earth.

I live in a small country called Barbados, a tiny speck on the world map, a country undoubtedly that will be impacted by climate change as we see further loss of our coral reef due to increasing sea temperatures and appear set to lose many of our beautiful beaches. Yet even here, just like much elsewhere, it seems a non issue. A problem for someone else to fix. In our defense it does seem like a mess we did not create and largely out of our hands. At this point though; pointing figures is of no real help.

The apathy here is real. Even those in the know and the green movement stick to local issues, like keeping the beaches clean and occasionally reducing our usage of plastic. We have witnessed five Solomon Islands sinking and offered no real support to their plight at the United Nations. In spite of that I think the answer lies in territories such as Barbados and the Solomon Islands. Those on the front-lines of the impact of current climate change.

Allow me to pose this question… why not “hack” the global economy until it becomes green? Many persons are not aware of this fact, but Barbados is used to taking a leadership role amongst small island developing states on a range of issues. Perhaps this uniquely qualifies the island to lay out the road-map for a new global economy.
At the end of all of this dear reader, you must know that I wish to propose the solution or at least part of it … I hope. The world is moving to a more liberal minded, self regulated future. This presents an opportunity in several spaces including those currently taking place — big data, the internet of things and artificial intelligence — and others which are arguably a few years away — decentralized systems and enhanced global connectivity which promotes greater planetary relationships.

I prefer to think that the latter is perhaps what the early internet pioneers envisioned — a future where information sharing enables greater awareness of the world around us and the global impact of our decisions. As one author, Patrick Tucker, wrote, “When the cost of collecting information on virtually every interaction falls to zero, the insights that we gain from our activity, in the context of the activity of others, will fundamentally change the way we relate to one another, to institutions, and with the future itself. We will become far more knowledgeable about the consequences of our actions; we will edit our behavior more quickly and intelligently.”
I stand to think Mr. Tucker and I share a similar vision, and perhaps, this is just what the green economy needs.

Now, I want you to imagine a world, one where we know whether a product has been produced ethically or with environmental standards in mind without ever reading a label or conducting any research.
Perhaps you may imagine a spiffy startup, global foundation or even an NGO controlling these standards. What if your currency performs this role in the future? Just picture it for a second, your money, in this case a cryptocurrency or digital national currency, will be programmable and ‘talk’ to you.

This is my vision for the future. A future where each individual is knowledgeable of the impact their individual economic activity and choices have on the planet and its inhabitants — whether in the present or the future.

I know this might seem far-fetched to some of my readers for now, but for those in the cryptocurrency space it certainly is plausible. Presently, some crypto“currencies”, and I use that term loosely, are indeed programmable. I daresay we are on the eve of living in such a world, one which is taking small steps to the future I envision. However, I note that such a vision takes time especially one which encompasses all currencies, whether cryptocurrency or digital national currencies; USD, Euros, Yen etc.

To get the ball rolling, I am proposing this process be coordinated in two main stages.
Stage 1:
The funding of innovative and groundbreaking green tech entrepreneurs and projects.
Stage 2:
The creation of green/ethical standards developed by working with NGOs and other global bodies etc to progress the overall vision. You may ask why stage 1 is necessary and the reason is twofold. Stage 1 will assist in development of grassroots support by the global, green community. Additionally it will provide a use case to the public on how the standards can be implemented via entrepreneurs while offering an example of the real world impact.
My team and I have taken the first steps to actively engage with several entities towards achieving the first stage of this process. In time we will provide further insights and results as we progress towards stage 2.
I look forward to further engagement with readers and leave you with the words of Neil deGrasse Tyson who stated, “Boldly going where hundreds have gone before does not make headlines.”

Craig Harewood is the author of this article and was originally published on medium.com.

Published here to generate more discussion in the cryptocurrency community.
To learn more about the project you can visit https://www.ourinterest.org/icoOCC_1C.jpg

Or Join us on Telegram: tg://join?invite=F1a3SEL6KULQaoF49Xq_Rw
Twitter: https://twitter.com/OurCoinClassic


Wish to participate right away ? Our ICO is taking place on the Wavesplatform...
https://waveswallet.io/

Thank you ! 

Introduction

Vision
The team’s vision is of a new, green economy where a buyer knows a product has been produced ethically or with environmental standards in mind without reading a label or conducting any research via use of the blockchain and smart contracts.

The team aims to develop this vision as a coin and new, green standard that the “general public” interfaces with. It will provide confidence to the public that their purchase is indeed green and ethically produced. So not only is the coin (OurCoin Lite=OCL) used as a stand alone crypto to ensure purchases are green/ethical, but it will be a standard in the form of smart contracts. For example, Waves (OCL) or ETH (OCL) or any digitized fiat, example Euros (OCL), will be able to verify green business standards and not just the OCL cryptocurrency alone. The goal is to implement a global green standard with the help of the green community and Central Banks to enable a global, non-politicized, green standard which is easily verifiable and utilizes a transparent process.


Road Map:
​
Phase 1:
​
* Creation of OCC token
* ICO on Waves platform
* Research and analysis on projects and green-tech companies
* Development of voting platform
* Launch of voting platform
* Assemble additional resources (e.g. advisers and developers)
​* OCC Token holders vote on which projects receive funding (OCC companies) ​

 
Phase 2:
​
* Finalize partnership with institutional fund
* Partner with a reputable cryptofinancial services company to invest 5-7% of portfolio in other asset backed ICOs
* Partnership with green community to promote green standards
* Minimum Viable Product for OCL platform on mobile channel
* Verification of green activity via smart contracts/algos etc
* Further development of platform targeting early 2019 public launch
* OCC businesses illustrate use case for OCL
* Other currencies/assets can have OCL standard behind them for example Waves (OCL) or ETH (OCL) or digital fiat (OCL).
* OCL coins or standards are demanded by public to understand which products and services are green (early adoption)


Team

Established investment firm and prime broker based in the Caribbean. OurInterest Caribbean Inc Legal Entity Identification (issuer London Stock Exchange) - 213800YAJQUB7GV51U54


Investment Strategy during the 1^st phase
The OurInterest team will identify, review and present innovative and groundbreaking green-tech companies and projects to the community of token holders to decide which projects/companies receive funding. Thus the firm intends to act as facilitators to the community rather than provide entry into a security. This distinction is crucial as a company compliant with FATCA and who notes the US Securities Exchange most recent ruling on ICOs.

Token Holders can also suggest noteworthy projects/businesses for review which can then be funded at the discretion of the community.




Initial Coin Offering

Through a Wave-based ICO, OCC intends to raise up to USD $160,000,000.

OCC token holders acquire “Proof-of-Membership, Access to Profit Distribution and Voting Rights" in the ecosystem.

A total of 160m OCC tokens are sold (via ETH, BTC, Waves, EUR or USD) during a 90 day ICO.

40 million tokens are withheld primarily for the management team. No ongoing management fees will be charged. Instead our managers are fellow token holders and their ongoing compensation will depend on cash flows from the funding decisions that the OCC community on a whole makes. This aligns our interests with yours.

Any unsold tokens are held in reserve to be sold at a premium in the next coin offering.


Profit Distribution
Profit Distribution Profits/dividends are returned on a semi-annual or annual basis. Profits are returned to token holders via dividends (in the form of OCC). In the case of USA residents/citizens - non-binding thank you payments.



Management Team
An experienced team with a combined experience of 25+ years in finance and investment, our team is fit to meet any challenges. However, we do note additional experience is needed for implementation of phase 2 and several advisers and notably experienced individuals in the blockchain and machine-learning space will be brought on board to progress the vision for phase 2.

Craig Harewood
Managing Director

Craig is the Investment Director at OurInterest Caribbean Inc and the visionary behind the OurCoin Classic project. Trading money for High Net Worth Clients since 2010, he believes he can do more to change the world for the better. Using his experience with financial instruments at OurInterest, he lends his expertise to solve problems of green financing.  

Dave Pulis
Asset Manager

Dave is the Head of Institutional Trading at Exante Ltd and also holds the position of Director at EuroMed Capital Limited. He is a gun enthusiast and all around badass.


OurInterest management team: https://www.ourinterest.org/team


Fact Sheet

Website                        https://www.ourinterest.org/ico                   
ICO Start                      August 31^st, 24:00 AST+                 
ICO End                        Token Cap Reached or December 1^st,24:00 AST+                 
Token Full Name            OurCoin Classic
Smart Contract              Announced 24 Hours Before ICO
Address   
Token Supply                 200,000,000 OCC
Exchange Rate               1 OCC = 1 USD
Unused Tokens               Held in reserve to be sold at a premium in the next coin offering
Accepted Currencies       ETH, BTC, Waves, USD, EUR
Role of Token               Proof-of-Membership, Access to Profit Distribution, Voting Rights
Target Portfolio %          65% Base-load Renewable Energy Projects, 20% Ground
                                    Breaking Green-Tech, 15% Innovative & Green Startups



Twitter                           https://twitter.com/OurInterestInc
Facebook                       https://www.facebook.com/OurInterestINC
LinkedIn                        https://www.linkedin.com/company/ourinterest?trk=top_nav_home
Official Telegram       https://t.me/joinchat/EGtC2EL6KUIe9CN2308CSQ
Team                   Craig Harewood, Dave Pulis, The OurInterest team, EuroMed Capital

Ignore everyone else and only invest what you can afford to lose. This is a basic investing rule. Beginners especially should follow that.

Hey,

What motivates me to buy an investment, wouldn't necessarily inform your decision. You did indicate that you are adopting a buy and hold strategy, thus have you looked into the teams behind these coins, do you see them gaining popularity, do they have their own economic value (backed by some asset etc). The best investors develop rules for why they are buying or selling an asset. That is my advice to you.

It is quite funny how the decentralization assets are trending towards centralization in certain aspects, regulation , due diligence websites etc. In the future the community may even have to outright ban some currencies/ scammers via some organized authority. Perhaps I'm a bit too skeptical.

Great Effort though, whoever creates and maintains that websites needs applause.

Hi I'm a forex trader and more recently a crypto investor. I'm wondering what the community thinks of sentiment indices or sentiment trading. On the more established forex/ stock exchanges those exist. Any reason they don't exist or haven't been created as yet in the space ?

Hey welcome to the community!

Various exchanges are looking into automating their verification process. It would make sense if exchanges shared this information but if anything was lost or stolen via transfer that would be a problem. Perhaps encryption via blockchain would solve this problem ironically enough.

That is a freebie for any programmer out there.