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RE: EOS California home of the BEAR token. A Deflationary SOV style immutable smart contract experiment with a 50 Million Max supply, 40 Million to be given 1 for each resident of California

in #bear5 years ago

I cant wait to see the Ferrengi Rules of Acquisition and Roberts Rules of Order used on Steem and EOS.
We are getting very close to BEAR token becoming as big of a hit as SOV, the Deflationary smart contract seems simple enough and i will make sure to donate to the SOV foundation for their help in making the BEAR token deflationary with a modified SOV burn rate, lower than 1.5% max Ill have ours only burn at up to 0.5% or lower, with a curve that is also different as I just hope to take 10 or 20 years to slowly get every california resident one of their BEAR tokens. I can basically make it so every resident gets 1 BEAR but the bear degrades, and goes down to 0.5 BEAR over a year, and so on.

I didnt want to start at 1 Billion and give them out to EOS genesis account holders. I will have my own system for allowing California residents to verify and get their BEAR. It may not be perfect but I will find a way to allow BEAR to be clever and use social media to issue some sort of voucher... If i can get a voucher system that allows me to have 1 voucher = 1 BEAR, I could use FACEBOOK and just send DMs to every user in San Diego.

I would like to see this project expand to EOS National, Supranational and Global Governance systems. The Public Key infrastructure using Dirvers licenses, or Social security numbers is difficult. Maybe I can car license plates or actual Addresses as a public address. A private key in the mail at a random time could allow for an interesting system as well. Direct mail + crypto is overlooked.

Anyway i know I will find an interesting way to match 1 BEAR with 1 california resident even if we can only get 10% of everyone... I will use a similar system for SAND