Powering Your Communities The Problem: All major crypto-currencies - - PowerPoint PPT Presentation

Powering Your Communities

The Problem:

All major crypto-currencies today are global.

They require global consensus about every transaction made. They have one global currency that all participants must use. They do not adapt the needs

• f local communities.

With global consensus, transaction volume is capped by what the global network can handle. The currency and smart contract platform is

• ne-size-fits-all.

How Blockchain Works:

All transactions in the world.

Intercoin is architected like the internet. It enables local networks to control their

• wn platform.

The Solution:

Fiat Crypto Communities Micropayments

How Intercoin Works:

Local transactions do not need to be included in an ever-growing global ledger. Allows local currencies to circulate locally. People use intercoin to make global payments between communities.

Detroit Bucks Community Berk Shares Community

CASH IN CASH OUT

IBM Coins Navajo Coins Detroit Coins Harvard Coins ChessClub Coins Dollars Euros Bitcoins

Intercoin aims to bring about real social change by empowering communities of all kinds to better serve the needs of their members.

We help communities run their own social apps and issue their own currency as easily as running a blog

• n Wordpress.

Intercoin then provides the liquidity between any currency pairs, enabling seamless global payments across communities.

How Intercoin Helps

The Mac brought user-friendly computing to people and organizations, with a GUI, fonts, mouse, laser printer, desktop publishing, and great new apps built on top of it.

Intercoin brings user-friendly crypto to people and organizations, with Governance, Local CPI, Basic Income, Fundraising, and great new apps built on top of it.

Local CPI, Governance and Basic Income

100% 50% 0%

Provability Random Poll: Percentage of Medium Spend Consumer Price Index Report: Percentage of Medium Spend New Coins Issued to all Community members for “food”

30

Shortage

20 10 16 9 2

Merchants tag their transactions with categories such as “food". Every day, the local network calculates the median amount X spent on each category and presents a report. Members are randomly polled as to what level of Basic Income should be issued as a fraction

• f X.

Other examples of community decision making are possible.

John Smith New York University User ID: #a12z395 Columbia University Friends IDs: #c215123 #23abc52 #23qbcz5 User ID: #c7931245 Friends IDs: #ab127937 #532abcd9

People can manage their identity across communities, and choose who to share their id and data with.

People store private keys on their own devices. No passwords needed.

Communities can never run out

• f their own currency.

It circulates within the community, until redeemed for Intercoin during global payments.

Chef Tutor Barber Hair Salon Restaurant Publisher Writer Barbershop Tutor Hair Salon

Detroit Community New York Community

Sound money. Individual choice. True democracy.

Intercoin allows communities to make truly democratic decisions about their own monetary and fiscal policies. To ensure that anyone can always cash out, Intercoin is kept on reserve to back the community's currency. Decisions to cash in or out to any external currency are made on an individual level and fetch the best possible rate.

z

Intercoin Reserves Exchanges / Market Makers

Moving Money Between Communities

Detroit John Liz Bob

Issue Money

Harvard James Jane

Cash Out

Bob

z

Intercoin Reserves

Towns Universities Cruises Companies Nonprofits

Powering all kinds of communities

Many more apps are possible. Far beyond smart contracts. Intercoin is growing a platform for local fintech innovation inside entire communities. Its market cap is the size of all the community economies that are created backed by Intercoin.

For detailed info, feel free to view our white paper here.

• r visit intercoin.org