Thank you Phil for your enthusiasm and desire to issue Cowra Coin.
Following several of our previous conversations in other posts and during Intercoin’s AMA session, I can see several benefits for your community and we will be happy to provide full information and links for documents and plans for the development of the platform.
As you probably know already Greg Magarshak, Founder and CEO of Intercoin have more than 10 years of experience in building social APPs with Qbix and both Greg’s companies are building open infrastructure projects that are currently found on the Social and Payment platforms.
Qbix lets communities own their own data, brand and relationships. Meanwhile, Intercoin is building [blockchain applications]
Intercoin’s platform for local communities uses cryptography to empower people to coordinate activities privately, including currency and governance.
You can have a look at the document that was created for the purpose of developing a solution for local disbursements in accordance with EVANSTON RESOLUTION.
Greg also wrote a great article on how Intercoin enables any community to issue and manage their own currencies and potentially give them out as a universal basic income.
That enable a community to democratically govern its activities through voting on the blockchain as the entire ecosystem, designed to be more valuable when more people of a community start using it.
Here are some advantages that can be achieved with the implementation of the Platform for local communities:
• Helps organizations engage their members by releasing social networking apps aimed at helping them connect.
• Helps people meet activity partners for common interests, make plans in real life, and get group discounts at local vendors.
• Helps local vendors drive walk-in business from groups of customers in real-time on-demand, by offering group deals.
• Open marketplace for social plugins and components by third-party developers and interoperability with other apps or sites.