Armis (President of The Einsteinium Foundation), is asking all cryptocurrency(CC) community leaders to strongly consider involvement with a ‘multi-coin community crowdfunding (CF) cooperative’ plan rooted in an ‘opportunity sharing’ work and reward ethic.
The plan seeks to drastically increase the market values of all host CCs involved through: increased utility, increased community engagement, increased coin awareness, and most of all — increased income. Those are the shared rewards for being part of the cooperative, the shared work is structured around abundant promotion, each Host CC must log in a minimum number of certified work hours per month. Most of the work is either publicity, outreach, or marketing of your product and the CF service to the world.
Currency by definition is ‘a means of exchange for goods or services’. If a currency is only traded on public exchanges it isn’t being used as a means of exchange for goods or services, it’s being used as a commodity. It is not until you use the currency to buy something else that your currency realizes its actual worth as a currency.
This plan provides for multiple real life utilization applications in a single location: for campaign donations, for payment to contractors, and payment from sponsors, these transactions for products or services will also provide increased public awareness of your CC.
The platform will accept all publicly traded CCs, and many fiat currencies; every member is verified; and sponsorship opportunities are integrated in many aspects of the site: profile, perk, and campaign video. Organizers have the option to select a “Host CC”, the host CC is the CC that all other CCs will be immediately converted to during the duration of the campaign. Since CCs are immediately available to the organizers they can use funds to hire campaign contractors to promote the campaign. As you can see Host CCs have many incentives to play an active role with the campaigns they sponsor, notwithstanding they will likely get work credit for much of that activity.
Here are 5 reasons why the coop site will rival Indiegogo and Kickstarter:
1) Very responsive management team
2) Multiple fiat and crypto currencies
3) Every 1st & 2nd level campaign contractors has a satisfaction guaranteed policy
4) 10 highly motivated CC communities with 10 more communities eagerly waiting to join them, and
5) 80% of revenue is distributed evenly to enrolled CC communities
PICISI is the acronym for ‘Philanthropic Investment and Charity for Inventions, Startups, and Ideas’; just one of the names being considered for the coop’s site.
More details to follow soon.