What is the Value Instrument?
The Value Instrument outlines four design principles for value accounting and establishes a system in which each setting is customizable according to the requirements of its user base. The principles themselves are technology-agnostic; however we believe their application will be most effective if paired with distributed ledger technology and smart contracts, using digital tokens. Depending on the design of each implementation, an established token may also be used as a form of money, likely complementary to other currencies in use.
The Value Instrument Principles
Users may receive a regular token payout
Tokens may decay, if not used within a set lifetime
Full lifetime is restored for transacted tokens
A transaction fee may apply
We provide a meta-tool, for designing and deploying your own complementary cryptocurrency, which can even include a basic income for each of your community members. The mechanism we designed is one supported implementation. It’s down to your community to choose the settings.
Get in touch
If you wish to know more about the Value Instrument, have ideas to contribute, wish to use some of the material, change the name of the game... just get in touch using the contact form.
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