Konra in unique as it’s a finite resource that is ultimately backed by time and creating value.
One: Limited amount of Konra:
There will only be a limited amount of Konra Merits that can exist and go into distribution. Unlike traditional money systems which have unlimited supply and the ability to simply “print / create more,” we will cap it at a certain amount that will be put into circulation.
Once these are exhausted there are no more and the value of doing things to earn / exchange them will naturally go up.
I currently envision anywhere from 200 Million to a Billion Konra to exist at maximum and like cryptocurrencies these would be divisible into smaller pieces via decimals to enable future growth of value.
Konra has 8 decimals, so 1 Konra is technically 1.00000000 allowing us the ability to issue fractions thereof even at the very beginning. In this way it’s exactly like Bitcoin and Bitcoin Cash.
Two: Put into circulation via setting various goals & tasks
Each bunch of Merits past the first few million earmarked for the initial airdrops and distributions will be tied to specific tasks, projects or goals. Things we’d like to see done, things to grow the Empire, things which bring value and help unite Humanity will get Konra earned. In addition all projects and materials made to help with adoption of Bitcoin Cash and crypto will also earn Konra.
They are earmarked in that they’ll only be distributed IF those tasks are completed. Each set of tasks have a maximum that can be earned by doing these things. Only a certain amount of Konra would be sold on the market(s).
For example:
If 5 Konra Merits are earmarked for making a graphic on the benefits of Bitcoin Cash, then if you create a good visual graphic on that topic and submit it to the Imperial Palace you get the 5 Merits. Then the Konra Merits are considered in circulation and you can give them out for anything you’d like, sell them or hold on to them for status. Simple as that.
However if no one makes that graphic, those 5 Merits sit in the vault not issued out to anyone until someone makes that graphic. The Merits are not distributed for another task just cause someone feels like it. In addition not all tasks will be made public, which means you will need to think about things which may further our goals and improve the world and can earn bounties of Konra for these hidden tasks.
That means initially to earn ANY merit you need to trade time or resources or skills which you have initially acquired by trading time. This makes Konra unique from ALL other currencies in the world.
* Effort & Work: You’re trading time now.
* Resources & Money: You’re trading time you spent in the past.
* Skills and Mentoring: You’re trading time from the past & now.
Either way, no matter what you do in order to gain Konra you have to trade time for it. Time as most of you know is the most finite resource in the world. That means each Merit is automatically worth something.
Since people give work / effort and resources to gain their Konra each will automatically have some value. Yes, you can collect Konra via airdrops and giveaways, but the amount gathered that way takes time and patience too.
Time is finite, we only have so and so much time in our lives. Since everything you use to gain Konra is based on exchanging either past time (Resources | Skills | Money) or current time (Work | Effort) this will always hold true.
Together I’m going to see that all the tasks together don’t just boost the Empire and build our Nation – but also that these things improve and decentralize the world around us. So by earning our Merits you’re basically helping the world, solving major problems and advancing humanity.
In fact, I’m wanting a set amount of Merits to be tied directly to:
- Planting trees and cleaning up trash
- Addressing inequality and poverty
- Decentralize the world; piece by piece
- Boost adoption of Bitcoin Cash, Crypto
- Guiding new people into Crypto and onboarding
- Million Wallet Challenge
- Konra and other Hanian Tokens Advancement
- Boost decentralized social media platforms
- Help with Infrastructure
- Innovation and Improvement
- Helping gather resources that can be shared among holders of Konra
- Dethrone the elites and counter corruption
- Advancing Humanity to a type one Civilization
Konra is the only “currency” to ever fix the planet and advancing our society while getting created and distributed! In addition, since a certain amount of Konra will be distributed to those who help us gather and maintain resources that ALL holders of Konra can enjoy the benefits of having Konra will be nifty too.
Stage 1 of this has 100 Million Konra.
Three: Holding Konra is valuable
In addition to being able to trade it for various things in the future; just holding a certain amount of Konra will translate into various benefits such as status, ability to hold authority, potential resource sharing and any other benefit I can think of in the next year or two.
I’m still working out more details on that; but I want it to increase a Citizen’s status and authority in the Empire. Due to the things you do to earn Konra others even in the greater world may eventually see it as a measure of compassion for the world and dedication to the advancement of humanity as a whole.
I’m also trying to come up with creative ideas of cool things you can get with Konra, maybe access to information and/or shared resources, doing things within the Empire with Konra etc. to make it even more valuable. Of course citizens can trade with each other too, give Merits as gifts, tip others with Merits and use it to convey they are trustworthy to others.
Version 1.0 existed on MintMe for a while for testing purposes but we now have moved everything over to Simple Ledger as we made Konra into an SLP token.
