The survcoin, a currency that rewards our decarbonisation efforts

A coin to reduce our carbon footprint

The survcoin is a currency designed to reward our carbon footprint reduction efforts. The goal of the project is to stimulate and accelerate these efforts by quantifying and rewarding them. The survcoin is based on the blockchain, an emerging technology on which citizens can henceforth build their own decentralised contractual and monetary tools, themselves defining their purpose.

The survcoin will be deployed for the first time as a Luxembourg-based pilot project. Participants will have the opportunity to obtain and spend survcoins with project partners. This project will be conducted by Climate Action Blockchain, a group created in August 2017 to explore the blockchain's potential for climate action. It will test and adjust the concept before a wider scale launch. It is supported by Œuvre Nationale Grande-Duchesse Charlotte, which agreed to fund it within its Yes we care 2017 call for projects whose winners were announced on 8 February 2018.

Concept

In the face of the climate emergency, many citizens are ready to undertake significantly more efforts to reduce their carbon footprint, but an important part of this goodwill is wasted due to lack of adequate incentives. On the other hand, most of us are remarkably responsive to anything resembling a monetary stimulus. The survcoin is a dedicated currency that builds on this responsiveness: it is paid to us as a reward in proportion to avoided CO2 emissions. These rewards thus quantify the decarbonising merit of our carbon footprint reduction initiatives.

In order to take into account the urgency of the climate crisis, the amounts of survcoins paid to participants are adjusted by a coefficient that takes into account the contribution of their actions to the evolution towards a zero-carbon economy; a premium is added to reflect their exemplarity and visibility.

The survcoin, which will be deployed mainly within smartphone applications, will give a playful, gamification dimension to our footprint reduction efforts thanks to emulation among peers. Defined as a reward, it plays the carrot rather than the stick and constitutes, in the face of the difficulties we face weaning ourselves off of fossil fuels, an unexplored track.

Climate Action Blockchain

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Pilot project

For the pilot project to be launched in Luxembourg, Climate Action Blockchain is currently looking for businesses, organisations and municipalities interested in participating in this unique experience. The partnerships will focus on products and services to be selected based on their exemplary decarbonisation impact. Their acquisition will be rewarded in survcoin-denominated awards. In the same way, specific products and services will be selected for purchase transactions in survcoins, in order to favor the emergence of a monetary ecosystem stimulating the decarbonisation:

obtain and spend survcoins

become aware of your carbon footprint, measure it

launch and find initiatives, participate, join

enter decarbonisation contests with your peers

Expected benefits of the pilot project: verify the feasibility of the concept (partners, users) on the basis of a minimal product and refine the model before deployment of the survcoin at a larger scale in 2019. In particular, the following points will be explored:

role of the survcoin as a common denominator in a variety of decarbonisation fields (mobility, housing, food, sharing economy ...)

valuation of the survcoin compared to conventional currencies

interaction between physical currencies (fitted with RFID chips) and dematerialised crypto-currencies

Newsletter

If you are interested in participating in the pilot project in Luxembourg, please contact us using the form below:

The survcoin will be deployed for the first time in 2018 as a Luxembourg-based pilot project. Participants will have the opportunity to obtain and spend survcoins with project partners. This project will be conducted by Climate Action Blockchain, a group created in August 2017 to explore the blockchain's potential for climate action. It will test and adjust the concept before a wider scale launch. It is supported by Œuvre Nationale Grande-Duchesse Charlotte, which agreed to fund it within its Yes we care 2017 call for projects whose winners were announced on 8 February 2018.

The survcoin, a currency that rewards our decarbonisation efforts

A coin to reduce our carbon footprint

obtain and spend survcoins

become aware of your carbon footprint, measure it

launch and find initiatives, participate, join

enter decarbonisation contests with your peers

role of the survcoin as a common denominator in a variety of decarbonisation fields (mobility, housing, food, sharing economy ...)

valuation of the survcoin compared to conventional currencies

interaction between physical currencies (fitted with RFID chips) and dematerialised crypto-currencies

obtenir et dépenser des survcoins

lancer et trouver des initiatives, y participer, s’y associer

prendre conscience de son empreinte carbone et la mesurer

entrer avec ses pairs dans une logique d’émulation de décarbonisation

rôle du survcoin comme dénominateur commun de la décarbonisation dans des domaines variés (mobilité, habitat, alimentation, économie de partage … )

valorisation du survcoin par rapport aux monnaies conventionnelles

interaction entre monnaies physiques (avec puces RFID) et crypto-monnaies dématérialisées