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Calvin Hutcheon, 10/15/2021 06:40 PM
Draft emerging from workshop


Wiki for Team Drafting of ERA Texts

This is an 'impermanent' community drafting wiki. No permanent versions of texts are maintained in on this page.

Draft Narrative

This Draft emerges from a workshop documented here.

Bitcoin hit the world in 2008. This was no coincidence, it was responding to crisis. Now, just as then, people are looking for novel investment markets, reliable methods to store value, and ways to re-imagine a fundamentally flawed monetary system.

ERA (Earth Reserve Assurance) is an algorithmic anchor for digital currencies, which opens a novel speculative market that plays a productive role both in calibrating the value of currencies while incentivizing the long term assurance of primary commodities and ecosystem integrity.

Decentralized digital currencies have opened the monetary space to creative reconfiguration. However, core problems persist. Value is unstable, energy consumption is unchecked, and projects that attempt to account for the effects of human industry on the earth's ecology have problems coping with the complexity of the real world.

ERA flips this problem on its head, providing long term stability, while reshaping core incentive mechanisms.
ERA is competitively and independently verifiable.
ERA is effective across scales, communities, and bio-regions

One more time: ERA provides a stable anchor for value, opens a novel speculative market, and solves some of the deepest monetary problems.

Updated by Calvin Hutcheon over 2 years ago · 2 revisions