Back Feed Economic Model #‎platformcooperativism‬ ‪#‎currencies‬ ‪#‎blockchain‬ ‪#‎proofofvalue‬

[Dante-Gabryell Monson]

https://blog.p2pfoundation.net/backfeed-economic-model-decentralized-age/2016/05/01

" The Backfeed Protocol with its Proof-of-Value (PoV) algorithm, reputation system and token mechanism, provides a comprehensive social operating system for decentralized organisations and collaborations (DCs). It is inherently designed to cooperatively create value and distribute it in the form of tokens among the different participants, according to their contribution to the overall operation. "

" These dynamics, which will be elaborated in depth hereafter, have the potential to provide the platform for a whole ecosystem of digital currencies, crypto equities and other value carrying systems (like sovereign fiat currencies) that might provide the framework for a monetary system of the decentralized age. "