TG Crypto - Let's figure it out together...

  1. 05-24-2021, 09:16 AM
    Quote Originally Posted by Edmund Tran View Post
    I think before we get too far with this, we have to ask ourselves what are we trying to do with this coin that can't be done without an old-school points redemption system?
    Just a few thoughts off the top of my head -

    1.) The coin provides the ability for a user to extract their time and effort spent at Twin Galaxies submitting and adjudicating into a form of collectible value that can exist outside of the Twin Galaxies internal system and be physically owned in a wallet.

    2.) The coin provides the ability for users to transfer the captured value of proof-of-human-effort between each other as well as exchange that value with others who may not be part of the Twin Galaxies community for other mutually agreed upon value.

    3.) Either Twin Galaxies or anyone else in the world can Stake the TG COIN on a DeFi platform to create liquidity that allows for the TG COIN to be exchanged for fiat money or other cryptocurrencies - Essentially a market can be created for TG COIN and it would be one of the first, if not the only, cryptocurrency that is based on Proof-of-Human-Effort, which in theory could be better for the ECO-challenges that the crypto-tech has to deal with.

    Again, just a few notions for consideration...
    Jace Hall
    Head Custodian
    www.TwinGalaxies.com
    Likes Edmund Tran liked this post
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