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