Hacking Micro-Economies - Community Renaissance - Telos Podcast #24

Seeds & Common Stack team up to talk about new currency systems and aligning human values with markets. Welcome: Reiki Cordon - Seeds.io Jeff Emmett - https://commonsstack.org/ https://commonsstack.org/ We are building commons-based microeconomies to sustain public goods through incentive alignment, continuous funding and community governance. Our library of open-source, interoperable web3 components will put effective new tools in the hands of communities, enabling them to raise and allocate shared funds, make transparent decisions, and monitor their progress in supporting the Commons. https://joinseeds.com/ A financial system by the people for the people ... and the planet! Seeds are the unit of currency for the SEEDS platform, designed for your everyday use; whilst also being a revolutionary new way to distribute value to initiatives that deliver favorable outcomes for environmental & societal regeneration. So, Seeds is the currency with a conscience! You can easily convert traditional money into Seeds, use them for day-to-day transactions, online or peer-to-peer and convert them back to your local currency any time. Seeds are programmed to be intrinsically stable. More stable in fact than government-issued currencies which consistently lose value and most, highly volatile cryptocurrencies. How? Well, as the SEEDS economy grows, rather than rising demand causing the price of each Seed to increase, transparent protocols maintain a stable value by growing new Seeds - just like central banks create more money today. New Seeds (this extra value from growth) then flow to all people, communities and organizations of the SEEDS ecosystem, based on a variety of contributions (not just wealth!). Not only that, but these protocols, distributions and initiatives are governed and evolved directly by the citizens of SEEDS. The Telos Podcast