Community Currencies [KERNEL]
🎍

Community Currencies [KERNEL]

People
Description / What is your motivation?
Imagining a $KERNEL community currency, built open-source and leveraged as an example for communities, creators, and ultimately — the billions of people not using cryptocurrency today.
Team Story
Subtheme
Token Economics
Manager
Track
Defi
PoC (Website / Inpso / Deck)
📣 How can KB2 help? Anything goes.
Last updated on
Feb 8, 2021
Primary Track
Project (Yes)
Investable?
Mentor Connection?
My Tag
Stage | Important facts
IDea
Stewards Actions?
Related to KB2 Fellows (Related to Copy of KERNEL Adventures (People) 1)
Stewards Thoughts!
Status
Inspired by Grassroots Economics and their research on Community Inclusion Currencies.
 
 
 
Imagining a $KERNEL community currency, built open-source and leveraged as an example for communities, creators, and ultimately — the billions of people not using cryptocurrency today.
 
  • Using a portion of the KERNEL Reserve ($15,000), mint 60,000 KERNEL — to be used in the context of the KERNEL Community.
    • Put the KERNEL Reserve under the control of a 'treasurer' from the KERNEL Community
  • The only potential purchasers of these tokens are KERNEL Fellows.
  • Tokens are purchased on a bonding curve, parameters set by community (options to be detailed, below)
 
 
Open Questions
  • (TBD) — what is the shape of the bonding curve?
  • Participate in the 'Common Reserve' underlying Grassroot Economics?
  • Legal / regulatory — how to think about this in a regulatory framework which makes sense?
    • Co-op? Tokens, shares.
    • 50 years of guidance on this token models. Not securities, but shares. Co-op membership rights model.
 
What are our exports?
  • Security Audits?
  • Tokens created within the ecosystem?
     
     
    Explicit Goals
    • Architecture re-used / $KERNEL tokens accepted in other communities.
    • Interoperability with related communities ($PAN, to begin)
    • Experimentation, with deep respect for the underlying relationships which underpin KERNEL. Nothing will be attempted here without high confidence it represents the values of KERNEL well.
     
     
    Resources + Works Cited
    notion image
     
     
    notion image
     
    Community Currencies [KERNEL]
    🎍

    Community Currencies [KERNEL]

    People
    Description / What is your motivation?
    Imagining a $KERNEL community currency, built open-source and leveraged as an example for communities, creators, and ultimately — the billions of people not using cryptocurrency today.
    Team Story
    Subtheme
    Token Economics
    Manager
    Track
    Defi
    PoC (Website / Inpso / Deck)
    📣 How can KB2 help? Anything goes.
    Last updated on
    Feb 8, 2021
    Primary Track
    Project (Yes)
    Investable?
    Mentor Connection?
    My Tag
    Stage | Important facts
    IDea
    Stewards Actions?
    Related to KB2 Fellows (Related to Copy of KERNEL Adventures (People) 1)
    Stewards Thoughts!
    Status
    Inspired by Grassroots Economics and their research on Community Inclusion Currencies.
     
     
     
    Imagining a $KERNEL community currency, built open-source and leveraged as an example for communities, creators, and ultimately — the billions of people not using cryptocurrency today.
     
    • Using a portion of the KERNEL Reserve ($15,000), mint 60,000 KERNEL — to be used in the context of the KERNEL Community.
      • Put the KERNEL Reserve under the control of a 'treasurer' from the KERNEL Community
    • The only potential purchasers of these tokens are KERNEL Fellows.
    • Tokens are purchased on a bonding curve, parameters set by community (options to be detailed, below)
     
     
    Open Questions
    • (TBD) — what is the shape of the bonding curve?
    • Participate in the 'Common Reserve' underlying Grassroot Economics?
    • Legal / regulatory — how to think about this in a regulatory framework which makes sense?
      • Co-op? Tokens, shares.
      • 50 years of guidance on this token models. Not securities, but shares. Co-op membership rights model.
     
    What are our exports?
    • Security Audits?
    • Tokens created within the ecosystem?
       
       
      Explicit Goals
      • Architecture re-used / $KERNEL tokens accepted in other communities.
      • Interoperability with related communities ($PAN, to begin)
      • Experimentation, with deep respect for the underlying relationships which underpin KERNEL. Nothing will be attempted here without high confidence it represents the values of KERNEL well.
       
       
      Resources + Works Cited
      notion image
       
       
      notion image