GETCoin GlobalVille

Active

- Working on building Shardus, a scalable blockchain that can handle billions of daily active users and millions of transactions per second.

We propose a rule based monetary system that is self stabilizing and
resistant to inflation and deflation. The system does not require any
privileged individuals to issue or regulate the supply of money. The
system was derived by recognizing the good properties of commodity
based money when money first began. We also propose a possible
implementation based digital ledger technology which restores the
properties of sound money without requiring commodities.

Blockchain

Shardus
- Linearly scalable
- Truely decentralized
- Energy efficient
- Designed for global scale applications like UBI

Social identity

Based on Web of Trust and
and principles of Game Theory

Social mining

- Each individual receives a daily dividend of GETCoin
- Community funds receive GETCoin based on nomination
- Demurrage applied on a daily basis to all GETCoin
-

Token economics

- GETCoin is Initially pegged to XDR.
- Designed to be self stabalizing
- Money supply proportional to number of individuals in the economy

Governance

Community funds

Verified users

6

Key people

Omar Syed
Andrew Foster
Aamir Syed
Kyle Schifflet
Greg Hemmer
Sameer Siddiqui

Locations

Dallas, TX, USA

OpenUBI aware

Yes