FairCoin Stability Implementation

Item Code: FairCoin Strategy C



Description
FairCoin Strategy C is about implementing techniques to stabilize the amount of circulating coins according to the value in a basket. Expected result is a more resilient and stable value of FairCoin on markets.

Activities include:
  1. define baskets of goods
  2. extend block explorer to tag addresses (comment field)
  3. work out peer-to-peer review process for making larger investments with multi-signature locking
  4. start process to communicate to limit personal amount of actively used FairCoins to what one can produce/offer in FairCoin within a circular economy
Proposal is based on a strategy review meeting held in January 2019.

Order the number of units and get your R&D results. The amounts collected will be used for preparation and implementation work. Tasks will be co-ordinated by fairkom members in close co-operation with the FairCoin, FairCoop and other related communities. Results will be reported on the FairCoin blog.

As an incentive, the same amount of your investment in Euro will be transferred in FairCoin to your FairCoin address within a few days after receipt. This is neither a security nor does it entitle for shares, but is intended as a gift to those who trust in building a circular economy. The FairCoins should be self-locked as a value deposit or used for buying goods and services, not for exchanging it to FIAT money (€, $, Ł, ...).  Source is the FairCoin foundation fund as agreed in the FairCoop assembly  2017-05-17.