Our company is making ICO Campaign right now. It is good and fun, people who are interested can join the other thread. Here we will share our thoughts thought of making more fun in everyone's life.
We are professionals in different areas, economics as well.
First, let me introduce the person who inspired us:
Silvio Gesel was a German merchant, theoretical economist, social activist, Georgist, anarchist, libertarian socialist and founder of Freiwirtschaft.
You can read about him in
Wikipedia and about
money he invented - Freigeld or "free money".
The main idea of his money is demurrage. If you don't use it for certain time, you loose some part of this money.
THE IDEA
1. We will release ERC20 Tokens, lets call them
The Very Best Coin, TVBC, or whatever.
2. The emission will be divided in 3 parts:
- one part will go free to everyone who would like to have this tokens (part A)
- another part will go to the Ethereum miners. In addition to reward for Ether block mining they will receive 12,5 TVBC. (part B)
- and the third part will go to cryptoexchanges (part C)
We didn't decided how big part A and C will be, it is an open question. Emission will be stopped afterthat
Part A and C will have smart contract, that will control if Tokens are moving. If the token stays on the same Ethereum Address for more than a year (can be month, week, even days) the quantity of it cuts in half. If you had 10 TVBC and didn't use it for 1 year, than next year only 5 will remain, and so on. The use will be determined by transfer from one wallet to another.
Part B will also have the same smartcontract, but will give miners some time, lets say 2 years. Than it converts to regular Part A coins.
Part A ensures, that the owners will require to spend this coins and also vote for crypto exchanges to accept them.
Part C ensures, that crypto exchanges will be interested in listing this coin.
CREDEROOM will release this coins and will keep it working for sometime, if it will be working project we will release it community for full control.