11 lines
693 B
Markdown
11 lines
693 B
Markdown
Subscription fee, $250/yr.
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Get a credit card with $500 local bucks, (good for one year?). Also get to allocate $500 in local initiative (e.g. fix potholes, clean beach, youth club)
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Transaction fee of 0.5% to cover network infrastructure costs, including addition of incoming funds to increase reserve.
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User enters into continuous hatch with subscription fee. After paying the subscription (e.g. participating in the hatch), she can buy & sell local bucks $1 for $1 in limited quantities.
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Local bucks are accepted at businesses, by local entrepreneurs, for municipal and land tax payments.
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1 year pilot. Tokens expire after to limit scope for pilot (optional, or can rebase at the of year) |