Utility
The Earth Dollar serves many important utility functions. Some of
the major utilities are described below, which cannot function
without the Earth Dollar.
Utility
The Earth Dollar serves many important utility functions. Some of the major utilities are described below, which cannot function without the Earth Dollar.
THE UTILITY OF THE EARTH DOLLAR
Some of the initial main utility applications are:
- Living Economic System: the Earth Dollar is used as digital-gas to access DApps, Smart Contracts and the Natural Capital Accounting System of the new alternative Living Economic System which tracks, tokenizes, insures, monetizes and protects Real Assets (including Natural Capital Assets) and other asset classes.
- Track Climate Change: the Earth Dollar in conjunction Living Economic System is used to track greenhouse gas emissions worldwide, track climate change and also manage carbon credits. The Earth Dollar rewards weather stations and oracles automatically for participating in tracking climate change.
- Mother Earth Supercomputer: the Earth Dollar is used to purchase decentralized CPU Power, GPU Power, and storage space on the Mother Earth Supercomputer (& Blockchain) for decentralized real-time gaming, telecommunications, hosting the Metaverse, IoT, video streaming services and more. The Mother Earth Supercomputer (& Blockchain) cannot run without the Earth Dollar.
- Cross-chain Transactions: the Earth Dollar is used to pay for cross-chain transactions on the Bitcoin Nodes, the Ethereum Nodes, the Dogecoin Nodes and other blockchain nodes without leaving the Earth Dollar Ecosystem.
- Nifty Token Platform: the Earth Dollar is the principal exchange currency of the Nifty Token Platform and works in conjunction with the Nifty Token. The Earth Dollar can be used to mint, buy, sell, trade and exchange NFTs. The Nifty Token Platform provides an easy-to-use NFT creation platform and marketplace called the Nifty Token Platform for members to fund and promote creativity as a means to help end global poverty, to help starving artists, and to empower creators.
- The City of Atlantis, LV: the City of Atlantis, LV is a “Decentralized Autonomous City” being built near Las Vegas that runs on the Mother Earth Supercomputer (& Blockchain). The Earth Dollar is the principal currency of the City of Atlantis and is legal tender for business transactions in the city, and for the payment of municipal services and taxes.
- Project Avalon: the Earth Dollar is the principal exchange currency for a new decentralized socially conscious social network (similar to Facebook) that will run on the Mother Earth Supercomputer (& Blockchain) in which creators own their content and information via NFTs.
- The Atlantis Metaverse: the Earth Dollar is the principal exchange currency of the Atlantis Metavese and people can use the Earth Dollar to build, buy, sell, trade and develop digital real estate and assets.
- The World Basic Income Program: the Earth Dollar is the principal currency of the World Basic Income Program, and will be paid to millions of members who support the Mother Earth Constitution.
- The Atlantis Exchange / The Avalon Exchange: the Earth Dollar is the principal exchange currency for these digital Real Assets Exchanges. All transactions conducted inside these exchanges will be in Earth Dollars.
- VIP Privileges: the Earth Dollar will be used to pay for selected VIP Privileges and experiences like front row seats at concerts and events, art openings, group insurance, group purchase of products, discounts at venues and shops, and more.
- Projects and Voting: the Earth Dollar used to fund projects for Earth Dollar (staked) members and also allows for voting on projects to be funds. The assets from the projects back the value of the Earth Dollar.
- The Atlantis Earth Expo: the Earth Dollar is the principal exchange currency of the Atlantis Earth Expo and all transactions conducted inside the Atlantis Earth Expo will be in Earth Dollars.
- Staking: The Earth Dollar is used for staking on the Master Nodes, Regular Nodes, and Mobile Nodes of the Mother Earth Supercomputer as a way to encourage good behavior and honesty by the validation network. The Mother Earth Supercomputer uses “Proof-of-Utility” for consensus by encouraging members to contribute actively to the network, improving connectivity, data handling, bandwidth, improving network connectivity, being online for an extended period, expanding the number of peer-to-peer connections, and ensuring high data rates, etc., along with staking Earth Dollars (proof-of-stake reduces the difficulty of computing the hash according to the number of Tokens held).
- Access: The Earth Dollar is the currency of various brick-and-mortar communities and online communities. The Earth Dollar will be the local currency of the City of Atlantis, an upcoming 200,000 population futuristic city built near Las Vegas. The Earth Dollar is also the common exchange currency to access products and services of the following communities, games, and tokens such as the Ascended Community, the Ascendia Community, Ascended XR, New Earth Project (Sacha Stone), Earth Defenders, SheCoin Community, Free Nations, Nifty Token Platform, New Earth Now, EarthUSD, Justice Token, Delphi Village, etc.
THE UTILITY OF THE EARTH DOLLAR
Some of the initial main utility applications are:
- Living Economic System: the Earth Dollar is used as digital-gas to access DApps, Smart Contracts and the Natural Capital Accounting System of the new alternative Living Economic System which tracks, tokenizes, insures, monetizes and protects Real Assets (including Natural Capital Assets) and other asset classes.
- Track Climate Change: the Earth Dollar in conjunction Living Economic System is used to track greenhouse gas emissions worldwide, track climate change and also manage carbon credits. The Earth Dollar rewards weather stations and oracles automatically for participating in tracking climate change.
- Mother Earth Supercomputer: the Earth Dollar is used to purchase decentralized CPU Power, GPU Power, and storage space on the Mother Earth Supercomputer (& Blockchain) for decentralized real-time gaming, telecommunications, hosting the Metaverse, IoT, video streaming services and more. The Mother Earth Supercomputer (& Blockchain) cannot run without the Earth Dollar.
- Cross-chain Transactions: the Earth Dollar is used to pay for cross-chain transactions on the Bitcoin Nodes, the Ethereum Nodes, the Dogecoin Nodes and other blockchain nodes without leaving the Earth Dollar Ecosystem.
- Nifty Token Platform: the Earth Dollar is the principal exchange currency of the Nifty Token Platform and works in conjunction with the Nifty Token. The Earth Dollar can be used to mint, buy, sell, trade and exchange NFTs.
- The City of Atlantis, LV: the City of Atlantis, LV is a “Decentralized Autonomous City” being built near Las Vegas that runs on the Mother Earth Supercomputer (& Blockchain). The Earth Dollar is the principal currency of the City of Atlantis and is legal tender for business transactions in the city, and for the payment of municipal services and taxes.
- Project Avalon: the Earth Dollar is the principal exchange currency for a new decentralized socially conscious social network (similar to Facebook) that will run on the Mother Earth Supercomputer (& Blockchain) in which creators own their content and information via NFTs.
- The Atlantis Metaverse: the Earth Dollar is the principal exchange currency of the Atlantis Metavese and people can use the Earth Dollar to build, buy, sell, trade and develop digital real estate and assets.
- The World Basic Income Program: the Earth Dollar is the principal currency of the World Basic Income Program, and will be paid to millions of members who support the Mother Earth Constitution.
- The Atlantis Exchange / The Avalon Exchange: the Earth Dollar is the principal exchange currency for these digital Real Assets Exchanges. All transactions conducted inside these exchanges will be in Earth Dollars.
- VIP Privileges: the Earth Dollar will be used to pay for selected VIP Privileges and experiences like front row seats at concerts and events, art openings, group insurance, group purchase of products, discounts at venues and shops, and more.
- Projects and Voting: the Earth Dollar used to fund projects for Earth Dollar (staked) members and also allows for voting on projects to be funds. The assets from the projects back the value of the Earth Dollar.
- The Atlantis Earth Expo: the Earth Dollar is the principal exchange currency of the Atlantis Earth Expo and all transactions conducted inside the Atlantis Earth Expo will be in Earth Dollars.
- Staking: The Earth Dollar is used for staking on the Master Nodes, Regular Nodes, and Mobile Nodes of the Mother Earth Supercomputer as a way to encourage good behavior and honesty by the validation network. The Mother Earth Supercomputer uses “Proof-of-Utility” for consensus by encouraging members to contribute actively to the network, improving connectivity, data handling, bandwidth, improving network connectivity, being online for an extended period, expanding the number of peer-to-peer connections, and ensuring high data rates, etc., along with staking Earth Dollars (proof-of-stake reduces the difficulty of computing the hash according to the number of Tokens held).
- Access: The Earth Dollar is the currency of various brick-and-mortar communities and online communities. The Earth Dollar will be the local currency of the City of Atlantis, an upcoming 200,000 population futuristic city built near Las Vegas. The Earth Dollar is also the common exchange currency to access products and services of the following communities, games, and tokens such as the Ascended Community, the Ascendia Community, Ascended XR, New Earth Project (Sacha Stone), Earth Defenders, SheCoin Community, Free Nations, Nifty Token Platform, New Earth Now, EarthUSD, Justice Token, Delphi Village, etc.
- The Nifty Token Platform: The Earth Dollar is also providing an easy-to-use NFT creation platform and marketplace called the Nifty Token Platform for members to fund and promote creativity as a means to help end global poverty, to help starving artists, and to empower creators. This includes minting and selling NFTs. Some of the NFTs created will further back the value of the Earth Dollar. The Earth Dollar and EarthUSD will be the main exchange currencies for the Nifty Token Platform.