Overview
This document serves to outline two concepts. One is a suggestion for a national educational service which tracks and assists the progress of citizen self-education. This includes a model for attracting and financing educators. The social service demonstrates a kind of ...
Overview
This document serves to outline two concepts. One is a suggestion for a national educational service which tracks and assists the progress of citizen self-education. This includes a model for attracting and financing educators. The social service demonstrates a kind of model which could be replicated for any service Asgardia has the power to provide through the internet. But this model for social service itself requires initial funding to lift off the ground. Fortunately, a
work-backed blockchain network
might solve this problem of funding. This three-stage plan is proposed to lead to a robust and unique SOLAR currency traded internationally and earned by social service providers.
Decentralized Education on the Blockchain
Asgardia should make active use of blockchain technology and crowdfunding in order to build a fledgling educational matrix for citizens.
The internet is filled with incredible educational content. But what is generally lacking is a structure around that which guides students forward and assists them with their self-directed education. For example, a person can easily sample the enormous scientific lecture listing produced by MIT called their “open courseware”. Or if one searches carefully, there are over 20 lectures from many universities about philosophy. Further education is distributed through many sources - The Great Courses, Coursera, EduX, Khan Academy and many others.
What Asgardia should do is first create a platform which helps citizens navigate the complex set of what’s available. Secondly, this platform should track progress and associate educational process with a citizen’s profile. Finally, Asgardia should do this by constructing smart contract profiles for citizens in a blockchain. Proofs of viewing become the foundation for an appearance of expertise.
In order to expand the usefulness of the service, Asgardia should also provide profiles and a marketplace to Asgardian educators. These educators should be rewarded a cryptocurrency denomination for doing some essential work. These may include:
- Making new educational content native to the Asgardian educational platform.
- Creating formal tests for philosophy and science.
- Working en-masse to create a suite of Asgardian textbooks by way of massively decentralized work structures.
- Ranking and reviewing the content produced by Asgardian educators honestly and critically.
But I’m getting ahead of our abilities. How do we have national services without the funding to pay for national services? Fortunately I have an idea for that: we must build a Work-Backed Blockchain (WBB) Network.
Work-Backed Blockchain Network
Asgardia needs to frame its social services under a network of Blockchains with secondary cryptocurrencies. These will form the basis for creating the value of the SOLAR. We do this first by drafting whitepaper proposals for the first suite of social services, focusing on services which can be transmitted over the internet such as the aforementioned educational service. Then we launch ICOs for the services. The revenue from the ICO becomes the initial vault of value for the SOLAR. Future tokens rewarded for work by any service’s blockchain is traded to the government in exchange for SOLAR. The SOLAR’s ongoing value is determined by the volume of high-value transactions to the government. Workers whose reputations produce higher quantities of secondary tokens provide greater value to the SOLAR.
In this model, each service has its own cryptocurrency, its own blockchain and its own smart contract reputation service tracking the fitness of providers and services which rewards useful participation. These might come in the form of Colony (colony.io) teams or Bitnation (tse.bitnation.co) holons or through some other technology at first, but eventually will be proprietary Asgardian blockchain software structures. The real value will be found once those services are built.
Stage One - Funding and the Catch 22 Paradox
But how do we even fund the initial steps of this project? Aren’t we running into a catch 22 here? We are losing funding and we need a strategy to get our own funding.
We need to create the plan for each service in a separate whitepaper. Then for each service we must launch an ICO - an initial coin offering. The very first ICO must be for the SOLAR itself. We attract investors to purchase initial tokens at a fixed rate. We use the funds gained by the ICOs and invest into the treasury of the SOLAR. By having a primary currency backed by a fixed store of value, we can create a first social service: the governments Blockchain Engineering Service as a member of the Ministry of Science.
Stage Two - Building the Thing
This engineering wing will construct the economic model first by creating an interface for Asgardia with the Colony and Bitnation services to fund their own work. Colony will provide the initial workforce platform which allows our engineers to do the work of building the other social services, such as the educational service mentioned above. The tokens these Engineers receive will be the first proof-of-works traded for the Asgardian primary currency.
Workers will exchange their proof-of-work tokens to the state for equal parts SOLAR, and those proof-of-work tokens will be stored in a treasury vault as the financial backing of the SOLAR. This token will be produced such that most of the tokens are sold internationally, or loaned by the government, or traded for proof of work.
Stage Three - The Birth of an Internationally Traded National Currency
Hopefully by then, there has been enough trading of Asgardian currencies to provide objective value to workers. The SOLAR will be appraised by the market due to having a foundational basket of other kinds of value, both proof-of-work and traditional investment. This will attract Asgardian educators and other potential social workers to our platforms. Providing service will produce proof-of-work tokens, and they will be traded to the government to increase the backing of the Asgardian primary currency. Over time the SOLAR will grow to become a robust and powerful currency - if we use the momentum of our social services to inspire the birth of Asgardian space, science, produce and art industries which trade in SOLAR.
At its core, however, the world’s nations will also see the value in the rising SOLAR. This will be primarily because of relieving some of their social burdens by providing decentralized online services for people. As our value to the nations of the world grows, so too will their interest in us. And that will only spiral around towards greater investments in our One Nation and One People.
Conclusion
I hope this has been a convincing idea for a model of future Asgardian public service and funding. This is obviously an incomplete idea and can be improved greatly. Version of this kind of reasoning could be applied to creating an Asgardian crowdfunding alternative to taxation. People could regularly donate as a voluntary tax funds to any number of Asgardian social services, constantly providing additional short-term value to the currencies traded from service to employee, and from employee to nation, and finally from nation to service providers. These ideas can be expanded in any direction - but not without the committed work of an Asgardian government and people!
