Dear Real Economy advocate,
after 15 years since advent of Bitcoin, crypto community has not yet use cases in the mainstream. For different reasons, existing tokens are not suitable as a medium of exchange. For centuries, the recognised medium of exchange has been representative money. To fill up this gap, and bring crypto to the mainstream, we are creating the first ever Representative Digital Money. For the first time in the crypto era, we aim for the decentralization in value for currencies (as non-fiat stablecoins).
To provide the first use case, we leverage the inefficiencies and up to 50% overcosts of the global 1B cylinders per month LPG retail market to introduce crypto payments on the real economy.
Key facts:
- To build a private currency competition based on representative digital money.
- Target market is initially LATAM. LATAM is a commodities and natural resources rich market with 668M consumers booming on crypto.
- MVP is built and ready for beta testing with a real use case
- Start bottom-up in Peru, scaling to regions, asset payments and commodities
- Team has 25y experience in oil and gas regulation and IT. Also experience in financial regulation and compliance and monetary theory.
- Agreement with large retailers is neither required nor desirable.
The project aims for a new paradigm based on competition of private representative currencies. We are looking for a 6 x $50k private token sale from likeminded investors to run the FUNDING stage of the project.
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