Edit your coins !
Wikimoney is a project consisting in reclaiming the right to mint coins through physical countermarking, like the punch-marked coins were. Indeed, the countermark makes it possible to assign a unique distinctive sign to an object (for example, in the form of a serial number). This uniqueness makes it possible to associate an NFT with each countermarked coin, itself associated with a time-stamped and geolocated digital image. A blockchain oracle traceability mechanism is proposed for this wikicurrency.
The interest of bitcoin is in the disintermediation of banks, not the artificial scarcity of this incorruptible blockchain. To become a common good, a currency must be able to be:
editable by all (free minting rights),
based on tangible energy resources (see metallism),
Advantages of Wikimoney :
Wikimoney are physical currencies edited by humans : each voluteer is fairly rewarded with an issue premium in proportion to their contributions
An overstriked or countermarked coin with legal tender (see also countermarked yen) is a new form of stablecoin
The only requirement is to have a DIY toolkit for stamping or engraving; like nickel hobos, poorer contributors can contribute on 1 cent coins
The blockchain oracle is the bridge between the tangible physical good (coin) and the dematerialized title deed (NFT)
The environmental impact of these wikicurrencies is limited due to the recycling of old or legal tender coins
Its origin lies in the problem of investors faced with the decline in purchasing power of silver for 40 years: wikimoney consists of limiting delivery costs and creating a private local cryptocurrency based on time.
The countermark multiplies tenfold or hundredfold the value of a token in a private local community. Its offer consists of countermarking currencies, whether legal tender or not, in a currency that is both fungible and non-fungible.
To carry out the countermarking, the “tools” used are holograms, typographies and cryptographies making counterfeiting expensive or impossible.
The owner contractually transfers ownership of the coin to the NFT in a decentralized collective stock; he undertakes to deliver the token on simple request to the holder of the NFT.
Contact [email@example.com] to get more information on the project