Active
Testnet Gesell is live
Grassroots local currencies can be bootstrapped by anyone, anywhere. A mobile phone is enough.
Blockchain
Polkadot (substrate)
Token economics
local currencies feature demurrage to maintain a money supply bound to the size of the population. The valuation comes - as for any money - from the belief in its value.
Governance
NPoS (Polkadot relay chain) / Encointer Association will build a consortium for parachain governance / democracy (one person one vote) for everything concerning local currency parameters (meetup locations, demurrage rate ...) every community decides for themselves
Key people
Alain Brenzikofer
Locations
Zurich
OpenUBI aware
No
Links
Notes
Privacy-by design and scalability with Trusted Execution Environments (trusted off-chain computing with SubstraTEE)