"VIVA is a new type of economic system, one which wastes nothing and rewards participants with a basic income they can enjoy for life by means of a price-stable digital currency called VIVA coins. Unlike other cryptocurrencies which employ mining to create new coins, VIVA coins are created by mints, which are given a license to carry out their activities by a group of people known as Crownholders. Crownholders set the economic parameters that control things such as interest rates and the total number of VIVA coins in circulation. By participating in the VIVA ICO as an investor, you are purchasing Crowns, the digital tokens that allow you entry into the group of Crownholders." from @cryptomancer
"VIVA is a new type of economic system, one which wastes nothing and rewards participants with a basic income they can enjoy for life by means of a price-stable digital currency called VIVA coins. Unlike other cryptocurrencies which employ mining to create new coins, VIVA coins are created by mints, which are given a license to carry out their activities by a group of people known as Crownholders. Crownholders set the economic parameters that control things such as interest rates and the total number of VIVA coins in circulation. By participating in the VIVA ICO as an investor, you are purchasing Crowns, the digital tokens that allow you entry into the group of Crownholders." from @cryptomancer