Monetize Natural Capital Assets


 

The Earth Dollar is helping to bring on-chain and to tokenize
up to $145 trillion per year of unmonetized Natural Capital
Assets to back the Earth Dollar. Natural capital can be defined
as the world’s stocks of natural assets which include geology,
soil, air, water, and all living things. It is from this natural capital
that humans derive a wide range of services, often called
ecosystem services, which make human life possible.

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Monetize Natural Capital Assets


 

The Earth Dollar is helping to bring on-chain and to tokenize up to $145 trillion per year of unmonetized Natural Capital Assets to back the Earth Dollar. Natural capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water, and all living things. It is from this natural capital that humans derive a wide range of services, often called ecosystem services, which make human life possible.

 

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Instead of extracting resources, the “Living Economic System” will generate new wealth by restoring the Earth.

WHAT IS NATURAL CAPITAL ACCOUNTING?

 

The Natural Capital Accounting System is a way of making nature visible and valued by humans. 

The Natural Capital Accounting System is a way of making nature visible and valued by humans. (You can learn about Natural Capital Accounting here: “Mobilizing Private Finance for Nature”, discusses the role of the financial sector in the biodiversity crisis, while “The Economic Case for Nature,” lays out the economic rationale for investing in nature.) 

The Natural Capital Asset Class is expected to eclipse most other asset classes by bringing on-chain $145 trillion per year in Natural Capital Assets over the next 10 years. 

For example, in 2020 according to a report by BCG, financial assets, including stocks, bonds, and other investment funds, globally reached a record $250 trillion, plus an additionally $235 trillion in real assets via real estate ownership, making up 48 percent of total global wealth. 

 

 

Imagine the new wealth that will be generated through the Earth Dollar by helping bring on-chain $145 trillion per year of new Natural Capital Assets.

 

WHAT IS NATURAL CAPITAL ACCOUNTING?

The Natural Capital Accounting System is a way of making nature visible and valued by humans. 

The Natural Capital Accounting System is a way of making nature visible and valued by humans. (You can learn about Natural Capital Accounting here: “Mobilizing Private Finance for Nature”, discusses the role of the financial sector in the biodiversity crisis, while “The Economic Case for Nature,” lays out the economic rationale for investing in nature.) 

The Natural Capital Asset Class is expected to eclipse most other asset classes by bringing on-chain $145 trillion per year in Natural Capital Assets over the next 10 years. 

For example, in 2020 according to a report by BCG, financial assets, including stocks, bonds, and other investment funds, globally reached a record $250 trillion, plus an additionally $235 trillion in real assets via real estate ownership, making up 48 percent of total global wealth. 

Imagine the new wealth that will be generated through the Earth Dollar by helping bring on-chain $145 trillion per year of new Natural Capital Assets.

 

$145 TRILLION USD PER YEAR OF NATURAL CAPITAL ASSETS CAN BE BROUGHT ON-CHAIN

 

$145 trillion per year of Natural Capital Assets (on Earth) are currently unaccounted for, according to a study published in the journal “Nature” by Robert Costanza. 

These unaccounted-for assets can be easily brought on-chain through the Earth Dollar and the Living Economic System to generate wealth for the common good.

In an extensive study led by Robert Costanza, thirteen ecologists, economists and geographers estimated the global value of 17 ecosystem services at $145 trillion USD per year updated as of 2014. The results were published in the journal Nature. We believe the 2018 figures will be much higher due to inflation. 

Standard peer-review reports use a 100-year standard to estimate the value of nature. This figure did not include minerals, oil, fossil fuels, freshwater, the oceans, fishes, marine creatures, or other factors.

Abstract of Report can be viewed or purchased here.

In 1997, the global value of ecosystem services was estimated to average $33 trillion/yr in 1995 $US ($46 trillion/yr in 2007 $US). In this paper, we provide an updated estimate based on updated unit ecosystem service values and land-use change estimates between 1997 and 2011.

We also address some of the critiques of the 1997 paper. Using the same methods as in the 1997 paper but with updated data, the estimate for the total global ecosystem services in 2011 is $125 trillion/yr (assuming updated unit values and changes to biome areas) and $145 trillion/yr (assuming only unit values changed), both in 2007 $US.

From this, we estimated the loss of eco-services from 1997 to 2011 due to land-use change at $4.3–20.2 trillion/yr, depending on which unit values are used. Global estimates expressed in monetary accounting units, such as this, are useful to highlight the magnitude of eco-services but have no specific decision-making context. However, the underlying data and models can be applied at multiple scales to assess changes resulting from various scenarios and policies.

We emphasize that the valuation of eco-services (in whatever units) is not the same as commodification or privatization. Many eco-services are best considered public goods or common pool resources, so conventional markets are often not the best institutional frameworks to manage them. However, these services must be (and are being) valued, and we need new, common asset institutions to better take these values into account.

$145 TRILLION USD PER YEAR OF NATURAL CAPITAL ASSETS CAN BE BROUGHT ON-CHAIN

$145 trillion per year of Natural Capital Assets (on Earth) are currently unaccounted for, according to a study published in the journal “Nature” by Robert Costanza. 

These unaccounted-for assets can be easily brought on-chain through the Earth Dollar and the Living Economic System to generate wealth for the common good.

In an extensive study led by Robert Costanza, thirteen ecologists, economists and geographers estimated the global value of 17 ecosystem services at $145 trillion USD per year updated as of 2014. The results were published in the journal Nature. We believe the 2018 figures will be much higher due to inflation. 

Standard peer-review reports use a 100-year standard to estimate the value of nature. This figure did not include minerals, oil, fossil fuels, freshwater, the oceans, fishes, marine creatures, or other factors.

Abstract of Report can be viewed or purchased here.

In 1997, the global value of ecosystem services was estimated to average $33 trillion/yr in 1995 $US ($46 trillion/yr in 2007 $US). In this paper, we provide an updated estimate based on updated unit ecosystem service values and land-use change estimates between 1997 and 2011.

We also address some of the critiques of the 1997 paper. Using the same methods as in the 1997 paper but with updated data, the estimate for the total global ecosystem services in 2011 is $125 trillion/yr (assuming updated unit values and changes to biome areas) and $145 trillion/yr (assuming only unit values changed), both in 2007 $US.

From this, we estimated the loss of eco-services from 1997 to 2011 due to land-use change at $4.3–20.2 trillion/yr, depending on which unit values are used. Global estimates expressed in monetary accounting units, such as this, are useful to highlight the magnitude of eco-services but have no specific decision-making context. However, the underlying data and models can be applied at multiple scales to assess changes resulting from various scenarios and policies.

We emphasize that the valuation of eco-services (in whatever units) is not the same as commodification or privatization. Many eco-services are best considered public goods or common pool resources, so conventional markets are often not the best institutional frameworks to manage them. However, these services must be (and are being) valued, and we need new, common asset institutions to better take these values into account.

THE EARTH DOLLAR
KEEPS FOSSIL FUELS IN THE GROUND

 


 

The Earth Dollar powers the Living Economic System which generates wealth by keeping commodities and nature-based land assets called Natural Capital Assets in the ground and protecting the Earth.

Tokenized commodities like fossil fuels will back the value of the Earth Dollar in the future. This will allow communities with coal, oil, natural gas, and other types of fossil fuels to generate wealth while keeping them in the ground. Communities can take care of people economically without destroying the Earth.

The Earth Dollar and the Living Economic System can unleash trillions of dollars of new wealth, prosperity, and abundance without destroying the Earth. 

The extractive economic system created during the industrial revolution in the 19th century is creating climate change, pollution, the destruction of nature, and poor working conditions. Destroying nature and creating climate change is to generate wealth is longer an option.

With the Living Economic System, we will unleash trillions of dollars of unimaginable wealth, prosperity, and abundance by tokenizing, monetizing, and keeping assets in the ground, as well as by protecting, restoring, and revitalizing the Earth. The Living Economic System is built by modeling the World Bank’s Natural Capital Accounting System on the blockchain.

 

 

THE EARTH DOLLAR KEEPS FOSSIL FUELS IN THE GROUND

 

 

 


 

 

 

 

The Earth Dollar powers the Living Economic System which generates wealth by keeping commodities and nature-based land assets called Natural Capital Assets in the ground and protecting the Earth.

Tokenized commodities like fossil fuels will back the value of the Earth Dollar in the future. This will allow communities with coal, oil, natural gas, and other types of fossil fuels to generate wealth while keeping them in the ground. Communities can take care of people economically without destroying the Earth.

The Earth Dollar and the Living Economic System can unleash trillions of dollars of new wealth, prosperity, and abundance without destroying the Earth. 

The extractive economic system created during the industrial revolution in the 19th century is creating climate change, pollution, the destruction of nature, and poor working conditions. Destroying nature and creating climate change is to generate wealth is longer an option.

With the Living Economic System, we will unleash trillions of dollars of unimaginable wealth, prosperity, and abundance by tokenizing, monetizing, and keeping assets in the ground, as well as by protecting, restoring, and revitalizing the Earth. The Living Economic System is built by modeling the World Bank’s Natural Capital Accounting System on the blockchain.

 

 

EARTH DOLLAR FIGHTS CLIMATE CHANGE

The Mother Earth Supercomputer (& Blockchain) is carbon-negative and is considered the greenest blockchain in the world. This means the Mother Earth Supercomputer (& Blockchain) sequesters more greenhouse gases than it produces. The Mother Earth Supercomputer (& Blockchain) uses a Proof-of-Utility consensus algorithm that naturally requires a tiny fraction of the energy usage of Proof-of-Work (POW) algorithms as used by Bitcoin and Ethereum.

At full capacity, the Mother Earth Supercomputer (& Blockchain) is expected to have on average 2,000 Masternodes and Regular Nodes as validators, which is expected to use 20kW/h of energy (equivalent to 175,200 kWh/year). From our calculations on the Environmental Protection Agency website, we calculate as follows:

175,200 kWh per all the validators, annually x 8842 lbs CO2 per megawatt-hour generated × 1/(1-0.073) MWh delivered/MWh generated × 1 MWh/1,000 kWh × 1 metric ton/2,204.6 lb = 75.788 metric tons CO2/all the validators annually.

The Mother Earth Supercomputer (& Blockchain), including the Earth Dollar, is offsetting currently 1,700,000,000 tons of CO2 (1.7 billion voluntary carbon credits). The carbon credits and carbon sequestration comes from the 45,000,000 acres of boreal forests being co-stewarded by the Earth Dollar in World Heritage Sanctuaries. 

CARBON FOR EARTH DOLLAR & MOTHER EARTH SUPERCOMPUTER (& BLOCKCHAIN) METRIC TONS OF CO2 ANNUALLY
Carbon Output (2,000 Nodes) 75
   
Carbon Input (Carbon Sequestration) -1,700,000,000
   
Total CO2 -1,699,999,925

The Mother Earth Supercomputer (& Blockchain), including the Earth Dollar, sequesters 22,000,000% more CO2 than it produces, making the Mother Earth Supercomputer (& Blockchain), including the Earth Dollar 22,000,000 times carbon-negative. 

In fact, the Earth Dollar has enough carbon credits in its reserve to help make both Bitcoin (30 million Metric Tons of CO2) and Ethereum (2 million Metric Tons of CO2) carbon negative as well.

This makes the Mother Earth Supercomputer (& Blockchain), including the Earth Dollar, the most sustainable and green blockchain in the world.

Furthermore, with the Proof-of-Utility consensus, the energy and computing power is never wasted because the node providers provide decentralized CPU Power, GPU Power and storage space to members to find cures for cancer, look for life in space, and more.

The Earth Dollar is doing even more to help bring back greenhouse gas emissions to pre-industrial levels by Planting 2 Trillion Trees around the world with the United Nations tree planting initiative managed by Plant for the Planet.

While Climate Change is an important issue, the Earth Dollar also protects biodiversity, fights global poverty, builds sustainable cities, and more.

EARTH DOLLAR FIGHTS CLIMATE CHANGE

The Mother Earth Supercomputer (& Blockchain) is carbon-negative and is considered the greenest blockchain in the world. This means the Mother Earth Supercomputer (& Blockchain) sequesters more greenhouse gases than it produces.

The Mother Earth Supercomputer (& Blockchain) uses a Proof-of-Utility consensus algorithm that naturally requires a tiny fraction of the energy usage of Proof-of-Work (POW) algorithms as used by Bitcoin and Ethereum.

At full capacity, the Mother Earth Supercomputer (& Blockchain) is expected to have on average 2,000 Masternodes and Regular Nodes as validators, which is expected to use 20kW/h of energy (equivalent to 175,200 kWh/year). From our calculations on the Environmental Protection Agency website, we calculate as follows:

175,200 kWh per all the validators, annually x 8842 lbs CO2 per megawatt-hour generated × 1/(1-0.073) MWh delivered/MWh generated × 1 MWh/1,000 kWh × 1 metric ton/2,204.6 lb = 75.788 metric tons CO2/all the validators annually.

The Mother Earth Supercomputer (& Blockchain), including the Earth Dollar, is offsetting currently 1,700,000,000 tons of CO2 (1.7 billion voluntary carbon credits). The carbon credits and carbon sequestration comes from the 45,000,000 acres of boreal forests being co-stewarded by the Earth Dollar in World Heritage Sanctuaries.

CARBON FOR EARTH DOLLAR & MOTHER EARTH SUPERCOMPUTER (& BLOCKCHAIN) METRIC TONS OF CO2 ANNUALLY
Carbon Output (2,000 Nodes) 75
   
Carbon Input (Carbon Sequestration) -1,700,000,000
   
Total CO2 -1,699,999,925

The Mother Earth Supercomputer (& Blockchain), including the Earth Dollar, sequesters 22,000,000% more CO2 than it produces, making the Mother Earth Supercomputer (& Blockchain), including the Earth Dollar 22,000,000 times carbon-negative. In fact, the Earth Dollar has enough carbon credits in its reserve to help make both Bitcoin (30 million Metric Tons of CO2) and Ethereum (2 million Metric Tons of CO2) carbon negative as well.

This makes the Mother Earth Supercomputer (& Blockchain), including the Earth Dollar, the most sustainable and green blockchain in the world.

Furthermore, with the Proof-of-Utility consensus, the energy and computing power is never wasted because the node providers provide decentralized CPU Power, GPU Power and storage space to members to find cures for cancer, look for life in space, and more.

The Earth Dollar is doing even more to help bring back greenhouse gas emissions to pre-industrial levels by Planting 2 Trillion Trees around the world with the United Nations tree planting initiative managed by Plant for the Planet.

While Climate Change is an important issue, the Earth Dollar also protects biodiversity, fights global poverty, builds sustainable cities, and more.

 

NO POWER ON EARTH CAN STOP AN IDEA WHOSE TIME HAS COME

 

The Earth Dollar is an idea whose time has come. The Earth Dollar is a currency based on love and backed by the health and wellness of Mother Earth. The health and wellness of the Earth are measured by modeling the World Bank’s Natural Capital Accounting System on the blockchain. $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged to back the Earth Dollar to implement the concept.

The Dollar works with the Natural Capital Coalition consisting of over 380 banks, major organizations, and governments around the world. The Natural Capital Accounting System makes natural assets from nature visible, which is lacking in both GDP and GAAP (General Accepted Accounting Principles). 

A Natural Capital Declaration (NCD) was launched at the Rio+20 summit held in Brazil in June 2012. It values previously unaccounted for assets such as living trees, freshwater lakes, rivers, ecosystem services, and bioremediation. So, living trees have value without chopping them down, minerals have value without mining them, and lakes/rivers have value without exploiting them. Also, wildlife has value without killing it, and bees have value for pollination.

The idea of Natural Capital Assets being valuable is going mainstream. Water futures started trading on the Chicago Mercantile Exchange in December 2020.

On January 21, 2021, His Royal Highness Charles, The Prince of Wales formed a Natural Capital Investment Alliance to invest billions of dollars in natural capital opportunities. 

In March 2021, the United Nations adopted the SEEA Ecosystem Accounting at its 52nd session as a framework to integrate natural capital in economic reporting. 

In September 2021, the New York Stock Exchange (NYSE) announced a partnership with the Intrinsic Exchange Group (IEG) to list up to $125 trillion annually in Natural Asset Companies (NACs) publicly. NACs are a new category of organizations like the Earth Dollar which holds Natural Capital Assets. 

On December 21st, 2021, the Mexican Ministry of Finance announced they are creating a new cryptocurrency backed by $3.6 trillion of Natural Capital Assets similar to the Earth Dollar. The Earth Dollar is an idea whose time has come.

NO POWER ON EARTH CAN STOP AN IDEA WHOSE TIME HAS COME

 

 

The Earth Dollar is an idea whose time has come. The Earth Dollar is a currency based on love and backed by the health and wellness of Mother Earth. The health and wellness of the Earth are measured by modeling the World Bank’s Natural Capital Accounting System on the blockchain. $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged to back the Earth Dollar to implement the concept.

The Dollar works with the Natural Capital Coalition consisting of over 380 banks, major organizations, and governments around the world. The Natural Capital Accounting System makes natural assets from nature visible, which is lacking in both GDP and GAAP (General Accepted Accounting Principles). 

A Natural Capital Declaration (NCD) was launched at the Rio+20 summit held in Brazil in June 2012. It values previously unaccounted for assets such as living trees, freshwater lakes, rivers, ecosystem services, and bioremediation. So, living trees have value without chopping them down, minerals have value without mining them, and lakes/rivers have value without exploiting them. Also, wildlife has value without killing it, and bees have value for pollination.

The idea of Natural Capital Assets being valuable is going mainstream. Water futures started trading on the Chicago Mercantile Exchange in December 2020.

On January 21, 2021, His Royal Highness Charles, The Prince of Wales formed a Natural Capital Investment Alliance to invest billions of dollars in natural capital opportunities. 

In March 2021, the United Nations adopted the SEEA Ecosystem Accounting at its 52nd session as a framework to integrate natural capital in economic reporting. 

In September 2021, the New York Stock Exchange (NYSE) announced a partnership with the Intrinsic Exchange Group (IEG) to list up to $125 trillion annually in Natural Asset Companies (NACs) publicly. NACs are a new category of organizations like the Earth Dollar which holds Natural Capital Assets. 

On December 21st, 2021, the Mexican Ministry of Finance announced they are creating a new cryptocurrency backed by $3.6 trillion of Natural Capital Assets similar to the Earth Dollar. The Earth Dollar is an idea whose time has come.

PROBLEM: THE DEAD ECONOMY

 

THE LIVING ECONOMIC SYSTEM VS. THE DEAD ECONOMY

The Living Economic System is the polar opposite of the present-day parasitic Extractive Economic System (which we are calling the Dead Economy). The Living Economy is designed to simultaneously lift millions of people out of poverty while restoring the Earth. 

PROBLEM

We are calling the Extractive Economic System the Dead Economy because it generates wealth by destroying the Earth. In the Extractive Economic System, people have no value until the system can exploit people by extracting their time, money, energy, creativity, and life force. 

The Extractive Economic System was created during the industrial revolution 200 years ago to exploit nature and to create low-cost factory jobs to benefit industrialists. The Extractive Economic System includes GDP (Gross Domestic Product) which measures success, GAAP (General Accepted Accounting Principles, Central Banks, and the Political-Military-Industrial Complex. This faulty system has induced almost every major man-made crisis.

  • GDP is promoting unlimited growth on a finite planet, creating Earth Overshoot, climate change, pollution, loss of biodiversity, overfishing, poor working conditions, and a disregard for nature. It now takes almost two (2) Earths to satisfy humanity’s demand for ecological resources and services, which now exceeds what the Earth can regenerate in a year. 
  • GAAP is promoting the destruction of the Earth. It says nature and living things have no intrinsic value until you can extract, exploit, and convert them into products. In GAAP, a tree has no value in a forest until you can chop it down to make timber. A tiger has no value until you shoot it to obtain its pelt and bones. Fishes have no value in the oceans. Externalities are not accounted for in producing products. This principle is destroying nature with little or no consequences. 

 

  • Central Banks authorizing the printing of money based on debt but without printing the interests, creates a situation of musical chairs. There is never enough money to pay off both the debt and the interests. This creates hyper-competition, scarcity, war, and poverty.
  • The Political-Military-Industrial Complex is intricately interlinked to support the Extractive Economic System. Industries profit from war, death, illness, and political favors.

The heart of the problem is that our Extractive Economic System is fundamentally broken and flawed since its inception. Destroying nature, poverty, and creating climate change to generate wealth is longer an option. 

The benefits of the Extractive Economic System for the ruling class in exploiting nature and the masses for profit and control are outdated and coming to an end. Soon we will not have a livable planet.

All the major man-made crises facing the future of humanity from climate change to poverty spring from the same source and foundation, our destructive Extractive Economic System and the institutions supporting this illusion. The promise of continual exponential growth to solve all the world’s problems is also false.

Most industrialists and bankers who created this system may not have known any better. It’s a wake-up call for everyone.

 

 

PROBLEM: THE DEAD ECONOMY

THE LIVING ECONOMIC SYSTEM VS. THE DEAD ECONOMY

The Living Economic System is the polar opposite of the present-day parasitic Extractive Economic System (which we are calling the Dead Economy). The Living Economy is designed to simultaneously lift millions of people out of poverty while restoring the Earth. 

PROBLEM

We are calling the Extractive Economic System the Dead Economy because it generates wealth by destroying the Earth. In the Extractive Economic System, people have no value until the system can exploit people by extracting their time, money, energy, creativity, and life force. 

The Extractive Economic System was created during the industrial revolution 200 years ago to exploit nature and to create low-cost factory jobs to benefit industrialists. The Extractive Economic System includes GDP (Gross Domestic Product) which measures success, GAAP (General Accepted Accounting Principles, Central Banks, and the Political-Military-Industrial Complex. This faulty system has induced almost every major man-made crisis.

  • GDP is promoting unlimited growth on a finite planet, creating Earth Overshoot, climate change, pollution, loss of biodiversity, overfishing, poor working conditions, and a disregard for nature. It now takes almost two (2) Earths to satisfy humanity’s demand for ecological resources and services, which now exceeds what the Earth can regenerate in a year. 
  • GAAP is promoting the destruction of the Earth. It says nature and living things have no intrinsic value until you can extract, exploit, and convert them into products. In GAAP, a tree has no value in a forest until you can chop it down to make timber. A tiger has no value until you shoot it to obtain its pelt and bones. Fishes have no value in the oceans. Externalities are not accounted for in producing products. This principle is destroying nature with little or no consequences. 
  • Central Banks authorizing the printing of money based on debt but without printing the interests, creates a situation of musical chairs. There is never enough money to pay off both the debt and the interests. This creates hyper-competition, scarcity, war, and poverty.
  • The Political-Military-Industrial Complex is intricately interlinked to support the Extractive Economic System. Industries profit from war, death, illness, and political favors.

The heart of the problem is that our Extractive Economic System is fundamentally broken and flawed since its inception. Destroying nature, poverty, and creating climate change to generate wealth is longer an option. 

The benefits of the Extractive Economic System for the ruling class in exploiting nature and the masses for profit and control are outdated and coming to an end. Soon we will not have a livable planet.

All the major man-made crises facing the future of humanity from climate change to poverty spring from the same source and foundation, our destructive Extractive Economic System and the institutions supporting this illusion. The promise of continual exponential growth to solve all the world’s problems is also false.

Most industrialists and bankers who created this system may not have known any better. It’s a wake-up call for everyone.

SOLUTION: THE LIVING ECONOMIC SYSTEM 

 

THE NAME

The word “Economy” comes (from the Ancient Greek word οἰκονομία (oikonomía), which means ‘management of a household, administration’; from οἶκος (oîkos) ‘household’, and νέμω (némō) ‘distribute, allocate’) is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.

The Earth Dollar team from an indigenous point of view considers Mother Earth to be our home. Since the present-day Extractive Economic System generates wealth based on war, death, exploitation, and destruction of our homes as the basis of our present-day global economy. We call the Extractive Economic System, the Dead Economy; even the name mortgage comes from the French word meaning death pledge.

THE LIVING IS THE POLAR OPPOSITE OF THE EXISTING ECONOMY

As explained earlier, the Living Economic System is the polar opposite of the present-day parasitic Extractive Economic System.

The Living Economic System generates new wealth, prosperity, and abundance by protecting, restoring, and revitalizing Mother Earth, and all life that dwells on her. 

The Living Economic System is an alternative system built on the blockchain and will run parallel to the Extractive Economy.

The Living Economy is the polar opposite of the existing Extractive Economy. While the existing Extractive Economy generates wealth by destroying the Earth, the Living Economy will generate wealth by restoring it. This will create a counterbalance to the existing Extractive Economic System. 

SOLUTION: THE LIVING ECONOMIC SYSTEM 

 

THE NAME

The word “Economy” comes (from the Ancient Greek word οἰκονομία (oikonomía), which means ‘management of a household, administration’; from οἶκος (oîkos) ‘household’, and νέμω (némō) ‘distribute, allocate’) is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.

The Earth Dollar team from an indigenous point of view considers Mother Earth to be our home. Since the present-day Extractive Economic System generates wealth based on war, death, exploitation, and destruction of our homes as the basis of our present-day global economy. We call the Extractive Economic System, the Dead Economy; even the name mortgage comes from the French word meaning death pledge.

THE LIVING IS THE POLAR OPPOSITE OF THE EXISTING ECONOMY

As explained earlier, the Living Economic System is the polar opposite of the present-day parasitic Extractive Economic System.

The Living Economic System generates new wealth, prosperity, and abundance by protecting, restoring, and revitalizing Mother Earth, and all life that dwells on her. 

The Living Economic System is an alternative system built on the blockchain and will run parallel to the Extractive Economy.

The Living Economy is the polar opposite of the existing Extractive Economy. While the existing Extractive Economy generates wealth by destroying the Earth, the Living Economy will generate wealth by restoring it. This will create a counterbalance to the existing Extractive Economic System. 

HOW DOES THE LIVING ECONOMY WORK?

 

The Living Economic System is built by modeling the World Bank’s Natural Capital Accounting System on the Mother Earth Supercomputer (& Blockchain). The Living Economic System puts the revitalization of nature at the center of new wealth creation.

In the new Living Economy, as the Earth is restored, more trees are being planted, the waters are purified, and the climate is restored, the Earth Dollar has the potential to increase in value. 

The Earth Dollar can help communities and nations unleash trillions of dollars of new wealth, prosperity, and abundance to transition to a greener economy.

The Living Economic System generates new wealth by keeping fossil fuels in the ground, and by tokenizing/monetizing Real Assets (including nature-based land assets called Natural Capital Assets). The Living Economic System will provide a set of tools for registering, verifying, tracking, managing, monetizing, insuring, tokenizing, and monetizing unused, untapped, underused, underperforming, dormant, new, and restored assets.

The Living Economic System can tokenize and monetize not just Real Assets, but also financial assets and intangible assets.

HOW DOES THE LIVING ECONOMY WORK?

 

The Living Economic System is built by modeling the World Bank’s Natural Capital Accounting System on the Mother Earth Supercomputer (& Blockchain). The Living Economic System puts the revitalization of nature at the center of new wealth creation.

In the new Living Economy, as the Earth is restored, more trees are being planted, the waters are purified, and the climate is restored, the Earth Dollar has the potential to increase in value. 

The Earth Dollar can help communities and nations unleash trillions of dollars of new wealth, prosperity, and abundance to transition to a greener economy.

The Living Economic System generates new wealth by keeping fossil fuels in the ground, and by tokenizing/monetizing Real Assets (including nature-based land assets called Natural Capital Assets). The Living Economic System will provide a set of tools for registering, verifying, tracking, managing, monetizing, insuring, tokenizing, and monetizing unused, untapped, underused, underperforming, dormant, new, and restored assets.

The Living Economic System can tokenize and monetize not just Real Assets, but also financial assets and intangible assets.

INITIAL EVALUATION OF ASSETS BACKING THE EARTH DOLLAR

 

 

We have just completed an initial evaluation of the Real Assets backing the Earth Dollar. The Real Assets backing the Earth Dollar come mainly from private asset owners, including real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more assets are in negotiations.

Additional assets are being held in reserve, consisting of the above, plus the fruits of the land (ufructus) from our World Heritage Sanctuaries.

Note: within the World Heritage Sanctuaries, the fruits of the land (everything underground, on the ground, and in the air) are being insured against ecological damage. In the case of the World Heritage Sanctuaries, the insurance policies back the value of the Earth Dollar. No land has been pledged to back the Earth Dollar in the World Heritage Sanctuaries.

$5.28 trillion+ of Real Assets are being used to back the Earth Dollar Token Sale and the remaining assets are being held in reserve for future use.

The initial evaluation was calculated by economists using the Benefit Transfer Method (BTM) and cross-referenced with existing public data with the best available peer-reviewed ecological economics research from over 100 sources. 

Each Earth Dollar Token sold will initially be backed by $30 USD of physical assets with intrinsic value. In Year 3, the Earth Dollar is expected to be convertible to Real Assets such as physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc. linked to NFTs, after the exchange value of the Earth Dollar against the USD exceeds $50 USD. Part of the Platinum Group Metals mined will be used to mint the collectible coins with partners such as Northwest Mint, and other coin issuers.

To convert to physical assets, first, you have to exchange the Earth Dollar for the Smart-Asset Tokens you want on an allied exchange and then exchange the Smart-Asset Tokens for Real Assets. 

INITIAL EVALUATION OF ASSETS BACKING THE EARTH DOLLAR

 

 

We have just completed an initial evaluation of the Real Assets backing the Earth Dollar. The Real Assets backing the Earth Dollar come mainly from private asset owners, including real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more assets are in negotiations.

Additional assets are being held in reserve, consisting of the above, plus the fruits of the land (ufructus) from our World Heritage Sanctuaries.

Note: within the World Heritage Sanctuaries, the fruits of the land (everything underground, on the ground, and in the air) are being insured against ecological damage. In the case of the World Heritage Sanctuaries, the insurance policies back the value of the Earth Dollar. No land has been pledged to back the Earth Dollar in the World Heritage Sanctuaries.

$5.28 trillion+ of Real Assets are being used to back the Earth Dollar Token Sale and the remaining assets are being held in reserve for future use.

The initial evaluation was calculated by economists using the Benefit Transfer Method (BTM) and cross-referenced with existing public data with the best available peer-reviewed ecological economics research from over 100 sources. 

Each Earth Dollar Token sold will initially be backed by $30 USD of physical assets with intrinsic value. In Year 3, the Earth Dollar is expected to be convertible to Real Assets such as physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc. linked to NFTs, after the exchange value of the Earth Dollar against the USD exceeds $50 USD. Part of the Platinum Group Metals mined will be used to mint the collectible coins with partners such as Northwest Mint, and other coin issuers.

To convert to physical assets, first, you have to exchange the Earth Dollar for the Smart-Asset Tokens you want on an allied exchange and then exchange the Smart-Asset Tokens for Real Assets. 

$5.28+ TRILLION USD OF ASSETS BACKS THE EARTH DOLLAR

The $5.28 trillion+ of Real Assets, including real estate assets, land, precious metals, commodities and nature-based land assets called Natural Capital Assets backing the value of the Earth Dollar, creates one of the world’s largest carbon-negative asset-backed community currencies.

 

$5.28+ Trillion in Real Assets with intrinsic value is being tokenized to back the Earth Dollar. Real Assets include real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more. This will support the implementation of the Living Economic System.

This will help usher in a new alternative Living Economy and “Natural Capital Standard” centered on the health and wellness of the Earth. 

The Living Economic System is being created by modeling the World Bank’s Natural Capital Accounting System on the blockchain. This will allow the generation of new wealth, prosperity, and abundance by keeping fossil fuels in the ground, and by protecting, restoring, and revitalizing the Earth.

The Living Economic System changes our current economic system from extraction to restoration. When more trees are planted, waters are cleaned, more forests are protected, increase in biodiversity, and more food is grown, new wealth will be generated.

The Earth Dollar represents the largest deployment of Natural Capital Assets on the blockchain. The Earth Dollar will prove that we can generate new wealth, prosperity, and abundance by caring for the Earth.

The Living Economic System is designed to unleash trillions of dollars of new wealth, prosperity, and abundance to reinvigorate the global economy. 

This is done by registering, tracking, insuring, tokenizing, and monetizing trillions of dollars of Real Assets, including unused, untapped, underused, dormant, new, restored, and in-ground assets. Real Assets include real estate assets, land, precious metals, Natural Capital Assets, commodities, and more. If you are an asset owner, contact us to help you monetize your assets.

Note: Some of the Natural Capital Assets are part of our World Heritage Sanctuaries being co-stewarded in partnership with Indigenous Nations and local communities. The sanctuaries are protected from commercial exploitation by insurance policies; the insurance policies back the value of the Earth Dollar, not the land so they can never lose it.

 

NFT ASSET-BACKING EXCHANGEABILITY PROGRAM

The Earth Dollar is backed by Real Assets with intrinsic value and will be exchangeable directly into NFTs (Non-Fungible Tokens) representing some of the assets and/or privileges backing the Earth Dollar, including physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc.

$5.28+ TRILLION USD OF ASSETS BACKS THE EARTH DOLLAR

The $5.28 trillion+ of Real Assets, including real estate assets, land, precious metals, commodities and nature-based land assets called Natural Capital Assets backing the value of the Earth Dollar, creates one of the world’s largest carbon-negative asset-backed community currencies.

 

$5.28+ Trillion in Real Assets with intrinsic value is being tokenized to back the Earth Dollar. Real Assets include real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more. This will support the implementation of the Living Economic System.

This will help usher in a new alternative Living Economy and “Natural Capital Standard” centered on the health and wellness of the Earth. 

The Living Economic System is being created by modeling the World Bank’s Natural Capital Accounting System on the blockchain. This will allow the generation of new wealth, prosperity, and abundance by keeping fossil fuels in the ground, and by protecting, restoring, and revitalizing the Earth.

The Living Economic System changes our current economic system from extraction to restoration. When more trees are planted, waters are cleaned, more forests are protected, increase in biodiversity, and more food is grown, new wealth will be generated.

The Earth Dollar represents the largest deployment of Natural Capital Assets on the blockchain. The Earth Dollar will prove that we can generate new wealth, prosperity, and abundance by caring for the Earth.

The Living Economic System is designed to unleash trillions of dollars of new wealth, prosperity, and abundance to reinvigorate the global economy. 

This is done by registering, tracking, insuring, tokenizing, and monetizing trillions of dollars of Real Assets, including unused, untapped, underused, dormant, new, restored, and in-ground assets. Real Assets include real estate assets, land, precious metals, Natural Capital Assets, commodities, and more. If you are an asset owner, contact us to help you monetize your assets.

Note: Some of the Natural Capital Assets are part of our World Heritage Sanctuaries being co-stewarded in partnership with Indigenous Nations and local communities. The sanctuaries are protected from commercial exploitation by insurance policies; the insurance policies back the value of the Earth Dollar, not the land so they can never lose it.

 

NFT ASSET-BACKING EXCHANGEABILITY PROGRAM

The Earth Dollar is backed by Real Assets with intrinsic value and will be exchangeable directly into NFTs (Non-Fungible Tokens) representing some of the assets and/or privileges backing the Earth Dollar, including physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc.

DETAILS OF THE ASSETS BACKING THE EARTH DOLLAR

 

We want to personally thank all the Benefactors like the late Ron Martin and the Earth Wealth Fund for their generosity. The benefactors have provided the initial Real Assets consisting of in-ground assets of gold, silver, platinum, palladium, and rhodium to back the value of the Earth Dollar and to make the shift to a Living Economy centered on love. Together we can create a legacy, whereby we can end extreme poverty worldwide, while simultaneously protecting, restoring, and revitalizing Mother Earth. We invite you to join us to replant the Tree of Life.

IN-GROUND METAL ASSETS BACKING THE EARTH DOLLAR TOKEN SALE

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

 

RESERVE 1: UNUSED IN-GROUND METAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

 

RESERVE 2: UNUSED NATURAL CAPITAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

 

Gold has endured throughout history as a currency, a prestigious symbol of wealth, and a valuable, versatile commodity. During times of economic uncertainty, more people turn to gold as a “safe haven” because of its enduring value. It is commonly used in jewellery and due to its durability and conductivity; gold has significant applications in electronics, aerospace, dentistry, and medicine.

Silver is a rare and valuable noble metal and has long been used as a currency and in jewellery. It is the best thermal and electrical conductor of all the metals and for this reason, it is ideal for electrical applications. It has excellent anti-microbial and non-toxic properties which makes it useful for medical and consumer products. Its high lustre and reflectivity make it perfect for jewellery, silverware, and mirrors. It is malleable, ductile, and photosensitive with many industrial applications.

Platinum is a rarer metal than gold and has traditionally been traded at a higher price. It has primarily been used in catalytic converters in vehicles, planes, and other industrial applications. It is a very dense, malleable metal and is also used in jewellery and medical devices such as pacemakers.

Palladium is rarer than platinum and is used primarily in catalytic converters. It is also used in jewelry, dental and medical products, and other consumer goods. It is also extremely ductile and malleable with many industrial uses.

Rhodium is an extremely rare and valuable noble metal with 80% of it being mined within South Africa. It is mainly used in catalytic converters. Rhodium is brilliant silver-white in color, highly reflective and resistant to corrosion. It is also used to make jewelry, searchlights, and mirrors. Other industrial uses include the coating for fiber optic cables and various chemical and electrical applications.

Other assets the Earth Dollar team are in the process of acquiring are graphite mines, emeralds, copper mines, etc.  The Earth Dollar team is seeking other assets around the world to tokenize and monetize.

DETAILS OF THE ASSETS BACKING THE EARTH DOLLAR

We want to personally thank all the Benefactors like the late Ron Martin and the Earth Wealth Fund for their generosity. The benefactors have provided the initial Real Assets consisting of in-ground assets of gold, silver, platinum, palladium, and rhodium to back the value of the Earth Dollar and to make the shift to a Living Economy centered on love. Together we can create a legacy, whereby we can end extreme poverty worldwide, while simultaneously protecting, restoring, and revitalizing Mother Earth. We invite you to join us to replant the Tree of Life.

 

IN-GROUND METAL ASSETS BACKING THE EARTH DOLLAR TOKEN SALE

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

RESERVE 1: UNUSED IN-GROUND METAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

RESERVE 2: UNUSED NATURAL CAPITAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

 

Gold has endured throughout history as a currency, a prestigious symbol of wealth, and a valuable, versatile commodity. During times of economic uncertainty, more people turn to gold as a “safe haven” because of its enduring value. It is commonly used in jewellery and due to its durability and conductivity; gold has significant applications in electronics, aerospace, dentistry, and medicine.

Silver is a rare and valuable noble metal and has long been used as a currency and in jewellery. It is the best thermal and electrical conductor of all the metals and for this reason, it is ideal for electrical applications. It has excellent anti-microbial and non-toxic properties which makes it useful for medical and consumer products. Its high lustre and reflectivity make it perfect for jewellery, silverware, and mirrors. It is malleable, ductile, and photosensitive with many industrial applications.

Platinum is a rarer metal than gold and has traditionally been traded at a higher price. It has primarily been used in catalytic converters in vehicles, planes, and other industrial applications. It is a very dense, malleable metal and is also used in jewellery and medical devices such as pacemakers.

Palladium is rarer than platinum and is used primarily in catalytic converters. It is also used in jewelry, dental and medical products, and other consumer goods. It is also extremely ductile and malleable with many industrial uses.

Rhodium is an extremely rare and valuable noble metal with 80% of it being mined within South Africa. It is mainly used in catalytic converters. Rhodium is brilliant silver-white in color, highly reflective and resistant to corrosion. It is also used to make jewelry, searchlights, and mirrors. Other industrial uses include the coating for fiber optic cables and various chemical and electrical applications.

Other assets the Earth Dollar team are in the process of acquiring are graphite mines, emeralds, copper mines, etc.  The Earth Dollar team is seeking other assets around the world to tokenize and monetize.

QUANTUM-SECURED DECENTRALIZED SUPERCOMPUTER

The Earth Dollar will have one of the world’s first quantum-secured Decentralized Supercomputer (blockchain), which makes it relatively unhackable.