What Would a Co-Op Coin ICO Look Like?
Co-op coins are not a new concept but the days of trading locally minted coins for a pint of milk or a loaf of bread are long gone. Instead, the rising interest in digital currencies and rapid increase in the number of Initial Coin Offerings looks set to make 2018 “the year of the crypto currency”.
But what does this mean for fans of cooperation and a more sustainable, steady state, or circular economy? Is this is an opportunity to rebuild the resilience and community bonds that the original co-op coins offered our societies, by utilising new digital technology?