Plural Money is a variation on an old idea. Community or “complementary” currencies are a huge and underexplored design space, promising grassroots economic empowerment. But we think that new technologies can make community currencies a much more powerful tool than they’ve ever been before.
By (1) applying intersectional identity ideas, such as “soulbound” tokens, to creatively map communities, (2) using the currencies to purchase partial common ownership of shared assets (instead of traditional private property), and (3) setting smart transfer and exit taxes to hold value within communities, we think “plural money” promises an explosion of grassroots value creation.
Read more about this concept below.