Surfing the wave of speculation on crypto currency, in 2013, I started to think how far the world of economy is from common web users and how cryptocurrencies, which are capable of decenter economy, are aiming to a more oligarchic centralization.
Starting from this vision, I tried an imaginary experiment, projecting myself in a world split up in financial speculators and people that works to provide real services. I had the feeling that speculation which starts from stock exchange aiming to cryptocurrency trading is a great tool but it lacks of a real currency that allows people to follow the trend of this financial fluidity.
Thus studying Marx, Keynes, Milton and language theory I theorized a medium which would be more convenient of usual cash and at the same time more affordable because it would be locally emitted under local laws bound to the belonging circle.
This medium derives from an equation of Dunbar results about primates of years ‘90s, that we found and researched during the creation of the white paper. The dependence of the equation from the Phi, the golden ratio, has been a huge surprise for us, but even a bit discovery. As for the snail’s shell, a golden ratio exists even in our brain between different regions of it in order to live to the best our personal relationships.
Charax.io Logo
Thus, me and a group of friends started to test this theory without using a medium that would represent or “model” interpersonal relationships. So we managed to create a some societies in Italy (near Naples), thanks to our skills, but more important, thanks to our reciprocal trust and keeping our relationships despite any obstacles, until reaching a natural stability.
Our site (https://charax.io) presents the divulgative part of our project for the purpose of the ICO* phase.
The subject will be deepened on the site and on here (on steemit) a bit for hobby and even to enjoy the functioning of the platform.
*Initial coin offering https://it.wikipedia.org/wiki/Initial_coin_offering
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