Resonance Dollars, or R$, are granted to @Citizens, members of the @One Inc, to recognize and reward @Contribution to One. Resonance Dollars are the virtual currency that unites @One Economy and is a metric for distributing @Patronage Distributions to Citizens. A positive R$ balance represents a Citizen's right to use certain products and services on @One Platform, as the balance climbs so too do the Citizen's benefits. Merit in the community is first garnered first by a Citizen's positions in @One Balance, the public ledger of the Cooperative. Citizens can choose to exchange R$ for services with Citizen Providers in @One Marketplace, create @virtual corporations incubated by the community, and more. The idea that became Resonance Dollars originated from @Currency of Cooperation (chapter) and continues to evolve in @Cooperative Currency, a discussion space where we co-create the story.
Genesis
Resonance dollars were first named cons-cents, a mutually created idea by @John Zdanowski and I when talking about @Currency of Cooperation. The conversation persisted for more than a year before discovering a story of resonance and the legal mechanisms for creating such.
Reflections
"oh so just for being human you get R$?" ~ Anya
Resources
Contexts
- This is the @Root Memo for #resonance-dollar.
- #one-economy (See: @One Economy)
- #one-inc (See: @One Inc)