Objective
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)