Coded History Coin/Token Functionality:
- Transferable Assets
- Game Currency for Role Play
- Escrow for real world transactions.
- Contracts for business and other agreements.
- International finance transfers.
- Private financial transactions.
- Promoting real world causes.
- Cause fund raising.
- Crowd funding.
- Venture capital.
What is a currency?
A currency is something that two or more parties agree to the value of and trade according to that agreed value. There does not need to be any form of central regulation, providing that all involved parties agree to the value and parameters of the transactions.
How can a deregulated currency help people?
In cultures where for example women ownership or women’s ability to do business is limited a deregulated currency can dissolve barriers that prevent women from improving their lives. Even in so-called First World countries such as the USA and in the tech industry being a woman has limitations. A deregulated currency and contract system that doesn’t judge where accounts are from will alleviate this. “The strength of the Ethereum platform is that the decentralized organization and the escrow contract do not need to care about what kind of account each party to the contract is.” Page 14 Ethereum White Paper ethereum.org
How can a cryptocurrency be used within a game ecosphere?
A cryptocurrency within a role play game ecosphere can be used like a normal fiat currency, except that your identity is protected. People have products or services for sale and use the cryptocurrency to receive payment and use their role play characters for identity.
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