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Zug, Switzerland, April 24th, 2023, Chainwire
UrbanChange Protocol, a dual-token economy model promoting economic and social sustainability in local communities across the globe, is launching on mainnet. In the coming weeks, the protocol and its offerings will be made publicly accessible.
UrbanChange Protocol presents a paradigm shift in how local engagement is measured and incentivized. The protocol empowers community leaders - organizations and individuals alike to maximize the impact of their budgets by promoting local engagement related to sustainability, education, preventive care, diversity, and shopping local.
The upcoming mainnet launch will allow motivated residents and leaders to be among the first to launch UrbanChange in their communities and receive early adopter benefits, including a grant designated to kick-start success.
UrbanChange’s dual-token model enables community leaders to set, track and achieve their goals by motivating residents to participate in community initiatives. Ultimately, this generates a strong, circular local economy that drives increased economic and social prosperity, and gives residents a true sense of ownership.
The protocol’s model utilizes two tokens: LocalCoins and ImpactTokens. These tokens work together to stimulate a continuous cycle of social engagement and economic growth.
The LocalCoin is a local currency. Residents earn LocalCoins for taking actions that support the goals of the community such as recycling, volunteering, and promoting education, and then use their LocalCoins to shop at whitelisted local businesses.
Spending
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