FAZCOIN, the FAZ cryptocurrency

Solidar

Some of the FAZ features are implemented into the Solidar cryptocurrency. Solidar (SDR) is a cryptocurrency derived from Freicoin (FRC), that shares the codebase with Bitcoin (BTC), which implements the demurrage and basic income

www.solidar.it

On March 2015, the Association Winc e.V. issued in the legal form of vouchers, 20.000.000 coins. All the coins were donated to the Association. The 1% of these coins then will be distributed as reward to miners and the 99% will be distributed to the Solidar system participants as universal basic income.

Solidar Universal Basic Income. The Association Winc e.V. distributes basic income through Facebook. Participants can subscribe to a Facebook page and through the Facebook Messenger can send some commands to a chatbot on the page. Through these commands, they can ask the chatbot to create a online exchange wallet on which to receive the basic income, they can ask to transfer funds to other participants to buy goods and services, they can ask to inquire the online exchange wallet balance, they can ask to transfer their funds from the online exchange wallet to their cryptocoin wallet. Demurrage fee of 20% yearly is applied on the participants’ wallets. Every 10 minutes a very small percentage of SDR in the participants’ wallets is returned to the Association wallet.

Solidar Exchanges. To facilitate the exchanges between the participants, the Association Winc e.V. will promote the creation of a multivendor e-commerce website. Individuals and enterprises will subscribe to the website, which will be similar to Amazon, and enterprises will open shops on the platform. All the goods and services will be priced with a compound price, expressed by a value in fiat currency (euro, dollar) plus a value in solidar, to be paid with a split payment method. The individuals will pay using a their paypal account with debit/credit cards for fiat currency partial payment and their cryptocoin wallet for solidar partial payment. The vendors will receive payments in fiat currency on the their paypal account and payments in solidar on their cryptocoin wallet.

Solidar Loans. Solidar loans to fund projects will be implemented through a P2P microlending platform, also working with split payment.

Further development is expected.

To start the E-FAZ we could adopt a demurrage based currency called Solidar. need to create an internet infrastructure, we’ll call FAZ Base, where users can subscribe, can open web wallets where to receive cryptocurrency UBI funds and can spend them on a marketplace, using partly a cryptocurrency and partly a fiat currency.
1) The FAZCoin. As cryptocurrency to be used we could choose Solidar (SDR), which is based on demurrage and which is distributed as universal basic income (UBI). 
Solidar (SDR) is a fork of Freicoin (FRC). Freicoin (FRC) is a fork of Bitcoin (BTC). Solidar is legally issued as a voucher by the german association Winc e.V. and is mined through pool mining with Bitcoin.
More economic information is available on Solidar website:
Code is available on Github:
2) WordPress site. We wish to create a WordPress site where subscribed users can receive their UBI and can spend on a marketplace, using partly our cryptocurrency and partly a fiat currency
3)WordPress web wallets’ system. We wish create a web wallets’ system based on WordPress,  in which users can deposit their altcoins, withdraw, and transfer to other users. In our case solidars.  Our goal is to create an users’ easy-to-use interface like the one adopted on MannaBase https://www.mannabase.com/ but their code is not reusable because is closed code.  To do that we wish to use this plugin: 
                                                                                                                  
The plugin works with a Bitcoin full node, but also with a cloud wallet.  We choose to host the altcoin on a  paid cloud wallet hosting on CoinPayments https://www.coinpayments.net because we have no hardware resources to mantain a full node.  To connect the first plugin to the CoinPayments API, we wish to use this plugin: 

4) WordPress UBI giving system. After we have web wallets working on the WordPress site, we need to send Solidar UBI funds to users each month. To do that we wish to use this plugin: 
                                                                                                                                          
                                                                                                             
5)  WordPress multivendor marketplace. After the users have their web wallets and the UBI funds on them, they need to spend them, so we will setup a multivendor marketplace based on Woocommerce plugin. 
Our goal is create productive chains in which is possible to spend only solidars, but to reach this goal fastly we thought we need a dual currency system, with prices expressed partly in solidars and partly in a fiat currency (dollar, euro and soon). For example a teapot could cost 5 SDR + 5 EUR. In this way the user see the system as a discounted fiat currency payment (cause UBI is for free, he really pay only 5 EUR) so it’s competitive with an ordinary market but at the same time it creates a parallel market in solidars! More the solidars spread and more the SDR part of the price increases.
                                                                                                                  
6) Dual currency Woocommerce plugin. That’s the code we need to develop. We need to express prices on Woocommerce/Dokan (which is a plugin for multivendor marketplaces like Amazon) in SDR+EUR (or USD, and other fiat currencies). When an user pays goods or services he has to first pay the part in SDR and then the part in fiat currency. With commissions from vendors part SDR and part fiat currencies.
The actions needed are these:                                                          
                                                        
?ui=2&ik=ba88a3b822&view=fimg&th=1634bdfb75e0a59a&attid=0.1&disp=emb&realattid=ii_jh0zw7c40_1634bc6c0c6dc768&attbid=ANGjdJ9n1i0VUXu7K75Pv-gXLyMHmTTl_4mpJKujCxRPt7uOOr4FUgQP_5XedJeWCUQaWsCts0S-GuQ6I_VAhVU9pfS4z0XU1eJ9wQxUvb5xZYFhVje7bWpu1TiKz-I&sz=w842-h474&ats=1526202778593&rm=1634bdfb75e0a59a&zw&atsh=1
The bitcoin/alcoin payment gateway for Woocommerce is already developped, so we wish to use that plugin: 
                                                                                          
and the fiat currencies Paypal payment gateway for Woocommerce could used through that plugin: 
The action required is to write a Woocommerce plugin that basicly has these functions: a) express goods and services’ prices (and vendors’ commissions) in Solidar and in a fiat currency on Woocommerce cart.  b) glue in a chain the Woocommerce Solidar payments gateway and the fiat currencies’ payments gateway so to make possible for an user (and for a vendor) to make a dual currency payment.
In the case of Solidar adoption as FAZCoin we need to sync on Github the latest development commits of Freicoin with Solidar, because they share a similar data base. The Freicoin developpers enhanced the code to make faster transactions and so we need this sync.
Conclusions. What was described is the FAZ PROJECT PHASE ONE. We adopted the Solidar/Freicoin because has demurrage but unfortunately UBI giving has a bottleneck when users become greater. To solve this problem we need to develop a new cryptocurrency from scratch. But to do that we need some funds to pay developpers…and that can be done launching the marketplace and collecting fiat currencies’ funds from vendors! A way to use egoistic behaviours for common good !!  The FAZ PROJECT PHASE TWO is to develop a complete post-scarcity economic system in which is possible to give free loans to people interested in creating projects, as described on the FAZ website 

Attualmente non esiste alcuna criptomoneta che ha tutte le caratteristiche della FAZ.

Solidar. Alcune delle caratteristiche della FAZ sono implementate nella criptomoneta Solidar.  Solidar (SDR) è un fork della criptomoneta Freicoin (FRC), che condivide la base di codice con Bitcoin (BTC), ma che in più implementa il demurrage e l’erogazione di reddito di base universale ( www.solidar.it ).

Nel marzo 2015, l’Associazione Winc e.V. ha emesso sotto la forma giuridica di voucher, 20.000.000 unità monetarie. Tutte le monete sono state donate all’Associazione. L’1% di queste monete sarà distribuita come premio per i miners e il 99% verrà distribuito ai partecipanti al sistema Solidar come reddito di base universale.

Solidar UBI. L’Associazione Winc eV distribuisce reddito di base tramite Facebook. I partecipanti possono iscriversi a una pagina di Facebook e attraverso il Facebook Messenger inviare alcuni comandi ad un chatbot sulla pagina. Attraverso questi comandi, si può chiedere al chatbot di creare un portafoglio di scambio online su cui ricevere il reddito di base, si può chiedere di trasferire fondi ad altri partecipanti, di acquistare beni e servizi, di verificare il saldo del proprio portafoglio online, di trasferire i propri fondi dal portafoglio di scambio online al proprio wallet di cryptocoin. Un tasso di demurrage del 20% annuo viene applicato sui portafogli dei partecipanti. Ogni 10 minuti una piccola percentuale di SDR nei portafogli dei partecipanti viene restituito al portafoglio dell’Associazione.

Scambi Solidar. Per facilitare gli scambi tra i partecipanti, l’Associazione Winc eV promuoverà la creazione di un sito web di e-commerce multivendor. Gli individui e le imprese potranno iscriversi al sito web, che sarà simile ad Amazon, e le imprese potranno aprire shops sulla piattaforma. Tutti i beni ed i servizi saranno valutati con un prezzo composto, espressa da un valore in moneta a corso forzoso (euro, dollaro) più un valore in Solidar, da pagare con un metodo di pagamento parziale  (split payment). Gli individui pagheranno parzialmente utilizzando un proprio conto PayPal con carte di debito / credito per la valuta fiat e parzialmente con il loro wallet di  cryptocoin per i Solidar. I venditori riceveranno pagamenti in moneta a corso forzoso sul proprio conto PayPal e pagamenti in Solidar sul loro portafoglio cryptocoin.

Prestiti Solidar. Prestiti Solidar a progetti economici saranno attuati attraverso una piattaforma P2P di microprestiti, lavorando anche qui con lo split payment.

Si prevede un ulteriore sviluppo nel 2018.

Solidar. Some of the FAZ features are implemented into the Solidar cryptocurrency. Solidar (SDR) is a cryptocurrency derived from Freicoin (FRC), that shares the codebase with Bitcoin (BTC), which implements the demurrage and basic income (www.solidar.it).

On March 2015, the Association Winc e.V. issued in the legal form of vouchers, 20.000.000 coins. All the coins were donated to the Association. The 1% of these coins will be distributed as reward to miners and the 99% will be distributed to the Solidar system participants as universal basic income.

Solidar Universal Basic Income. The Association Winc e.V. distributes basic income through Facebook. Participants can subscribe to a Facebook page and through the Facebook Messenger can send some commands to a chatbot on the page. Through these commands, they can ask the chatbot to create a online exchange wallet on which to receive the basic income, they can ask to transfer funds to other participants to buy goods and services, they can ask to inquire the online exchange wallet balance, they can ask to transfer their funds from the online exchange wallet to their cryptocoin wallet. Demurrage fee of 20% yearly is applied on the participants’ wallets. Every 10 minutes a very small percentage of SDR in the participants’ wallets is returned to the Association wallet.

Solidar Exchanges. To facilitate the exchanges between the participants, the Association Winc e.V. will promote the creation of a multivendor e-commerce website. Individuals and enterprises will subscribe to the website, which will be similar to Amazon, and enterprises will open shops on the platform. All the goods and services will be priced with a compound price, expressed by a value in fiat currency (euro, dollar) plus a value in solidar, to be paid with a split payment method. The individuals will pay using a their paypal account with debit/credit cards for fiat currency partial payment and their cryptocoin wallet for solidar partial payment. The vendors will receive payments in fiat currency on the their paypal account and payments in solidar on their cryptocoin wallet.

Solidar Loans. Solidar loans to fund projects will be implemented through a P2P microlending platform, also working with split payment.

Further development is expected.

To start the E-FAZ we need to create an internet infrastructure, we’ll call FAZ Base, where users can subscribe, can open web wallets where to receive cryptocurrency UBI funds and can spend them on a marketplace, using partly a cryptocurrency and partly a fiat currency.
1) The FAZCoin. As cryptocurrency to be used we could choose Solidar (SDR), which is based on demurrage and which is distributed as universal basic income (UBI). 
Solidar (SDR) is a fork of Freicoin (FRC). Freicoin (FRC) is a fork of Bitcoin (BTC). Solidar is legally issued as a voucher by the german association Winc e.V. and is mined through pool mining with Bitcoin.
More economic information is available on Solidar website:
Code is available on Github:
2) WordPress site. We wish to create a WordPress site where subscribed users can receive their UBI and can spend on a marketplace, using partly our cryptocurrency and partly a fiat currency
3) WordPress web wallets’ system. We wish create a web wallets’ system based on WordPress,  in which users can deposit their altcoins, withdraw, and transfer to other users. In our case solidars.  Our goal is to create an users’ easy-to-use interface like the one adopted on MannaBase https://www.mannabase.com/ but their code is not reusable because is closed code.  To do that we wish to use this plugin: 
                                                                                                                  
The plugin works with a Bitcoin full node, but also with a cloud wallet.  We choose to host the altcoin on a  paid cloud wallet hosting on CoinPayments https://www.coinpayments.net because we have no hardware resources to mantain a full node.  To connect the first plugin to the CoinPayments API, we wish to use this plugin: 
 
4) WordPress UBI giving system. After we have web wallets working on the WordPress site, we need to send Solidar UBI funds to users each month. To do that we wish to use this plugin: 
                                                                                                                                          
                                                                                                              
5)  WordPress multivendor marketplace. After the users have their web wallets and the UBI funds on them, they need to spend them, so we will setup a multivendor marketplace based on Woocommerce plugin. 
Our goal is create productive chains in which is possible to spend only solidars, but to reach this goal fastly we thought we need a dual currency system, with prices expressed partly in solidars and partly in a fiat currency (dollar, euro and soon). For example a teapot could cost 5 SDR + 5 EUR. In this way the user see the system as a discounted fiat currency payment (cause UBI is for free, he really pay only 5 EUR) so it’s competitive with an ordinary market but at the same time it creates a parallel market in solidars! More the solidars spread and more the SDR part of the price increases.
                                                                                                                   
6) Dual currency Woocommerce plugin. That’s the code we need to develop. We need to express prices on Woocommerce/Dokan (which is a plugin for multivendor marketplaces like Amazon) in SDR+EUR (or USD, and other fiat currencies). When an user pays goods or services he has to first pay the part in SDR and then the part in fiat currency. With commissions from vendors part SDR and part fiat currencies.
The actions needed are these:                                                          
                                                        
?ui=2&ik=ba88a3b822&view=fimg&th=1634bdfb75e0a59a&attid=0.1&disp=emb&realattid=ii_jh0zw7c40_1634bc6c0c6dc768&attbid=ANGjdJ9n1i0VUXu7K75Pv-gXLyMHmTTl_4mpJKujCxRPt7uOOr4FUgQP_5XedJeWCUQaWsCts0S-GuQ6I_VAhVU9pfS4z0XU1eJ9wQxUvb5xZYFhVje7bWpu1TiKz-I&sz=w842-h474&ats=1526202778593&rm=1634bdfb75e0a59a&zw&atsh=1
The bitcoin/alcoin payment gateway for Woocommerce is already developped, so we wish to use that plugin: 
                                                                                          
and the fiat currencies Paypal payment gateway for Woocommerce could used through that plugin: 
The action required is to write a Woocommerce plugin that basicly has these functions: a) express goods and services’ prices (and vendors’ commissions) in Solidar and in a fiat currency on Woocommerce cart.  b) glue in a chain the Woocommerce Solidar payments gateway and the fiat currencies’ payments gateway so to make possible for an user (and for a vendor) to make a dual currency payment.
In the case of Solidar adoption as FAZCoin we need to sync on Github the latest development commits of Freicoin with Solidar, because they share a similar data base. The Freicoin developpers enhanced the code to make faster transactions and so we need this sync.
Conclusions. What was described is the FAZ PROJECT PHASE ONE. We adopted the Solidar/Freicoin because has demurrage but unfortunately UBI giving has a bottleneck when users become greater. To solve this problem we need to develop a new cryptocurrency from scratch. But to do that we need some funds to pay developpers…and that can be done launching the marketplace and collecting fiat currencies’ funds from vendors! A way to use egoistic behaviours for common good !!  The FAZ PROJECT PHASE TWO is to develop a complete post-scarcity economic system in which is possible to give free loans to people interested in creating projects, as described on the FAZ website 

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