Plural Money
Plural Money is a variation on an old idea. Community or “complementary” currencies are a huge and underexplored design space, promising grassroots economic empowerment. But we think that new technologies can make community currencies a much more powerful tool than they’ve ever been before.
By (1) applying intersectional identity ideas, such as “soulbound” tokens, to creatively map communities, (2) using the currencies to purchase partial common ownership of shared assets (instead of traditional private property), and (3) setting smart transfer and exit taxes to hold value within communities, we think “plural money” promises an explosion of grassroots value creation.
Further Reading
Let’s Use New Forms of Money to Commit to our Communities - Matt Prewitt
Plural Money, Socially-Provided Goods, and the Principal-Agent Problem - Matt Prewitt, E. Glen Weyl
Plural Money: A New Currency Design - Matt Prewitt
Sovereign Cryptocurrencies for People, Corporations, Banks and Communities: Foundations for Grassroots Cryptoeconomy - Ehud Shapiro
Tools
Resource - Resource is a decentralized, circular economy fueled by local resources and human potential.
Ğ1 Currency - Ğ1 is the first Free or Libre currency, introducing an innovative mechanism for money creation, delivered through sustainable blockchain technology, encouraging decentralised, community-level exchanges.
Freeos - Freeos (rhymes with “free us”) is an Economic System that gives access to an easily accessible, democratic, crypto income for everyone. Freeos is managed directly by the people, for the people.