Acknowledging the Value of Women:
The Faces of an empowered economy should reflect the Faces of those that got us here and will drive it forward.
Denominations of money are implicit validations of who has ‘value’. Over time, these values are subconsciously engrained into the collective psyche and become self-reinforced norms.
Historically, men have overwhelmingly dominated such denominations and have thus been designated as having the most value. However, this is simply false on its face.
It is well-settled consensus that the best way to increase economic productivity is through empowering women. Women and women’s groups are the engine of underserved economies as well as the driving force powering their growth.
Their continued perseverance in the face of the inherently exclusionary rules of traditional economies is all the proof one needs to forecast who will drive growth and innovation in a new permissionless economy that is free to set its own rules.
As such, the denominations of ACX will be ascribed to the names of some of the most empowering women in human history.
Introducing Our 10 Denominations
Below is a look at ACX’s 10 denominations, from largest to smallest. We chose to name our units after empowering, brave and powerful women who inspire us and represent the heart that we hope for our community to embody. We include a short blurb on their dedication to taking risks, breaking rules, and challenging the status quo in order to empower others.
You will notice that we are leaving 2 denominations blank to be voted on by ACX Network participants after launch. During our community rewards program we will be incentivizing open submissions for the top 5 candidate choices, that will later be voted on by the network to pick the final 2 women.
There will be 6 Billion ACX.
1,000,000 ACX = 1 Kit (Kittur Chennamma, India)
Kittur was one of the Indian female rulers to lead an armed rebellion against the British East India Company in 1824. The resistance ended with her arrest and she became a symbol of the independence movement in India.
1,000 ACX = 1 Qui (Qui Jin, China)
Qui was a Chinese revolutionary, feminist, and writer. In 1907, at the age of 31, she was executed after a failed uprising against the Qing dynasty, and she is considered a national heroine in China.
100 ACX = 1 Cora (Corazon Aquino, Philippines)
Corazon was the first female president in Asia. Prior to this, she had not held any elective office. The leader of a non-violent and bloodless revolution for democracy against a dictatorial regime, she is widely accredited as the Mother of Asian Democracy.
10 ACX = ? (Name to be determined by Network votes)
1 ACX = Access
0.1 ACX = ? (Name to be determined by Network votes)
0.01 ACX =1 Neri (Margarita Neri, Mexico)
Neri was a commander and soldier during the Mexican Revolution. She fought to overthrow a dictator and implement a constitution, which would aim to ensure a fairer life for all classes of people.
0.001 ACX = 1 Kand (Kandake Amanirenas, Kingdom of Kush )
Queen of the Kingdom of Kush, an empire that was located in what is now parts of Sudan and South Sudan, she successfully lead Kushite armies against the Romans in a war that lasted five years, from 27 BCE to 22 BCE.
0.000001 ACX = 1 Yaa (Yaa Asantewaa, Ghana)
Yaa was Queen Mother of the Ejisu in the Ashanti Empire (modern day Ghana). In 1900 she led the Ashanti war known as the War of the Golden Stool (also known as the Yaa Asantewaa war) against British colonialism.
Context: the British exiled the Ashanti King to the Seychelles and installed a British Governor, who demanded the delivery of the Golden Stool, the symbol of the Asante Nation. As the various Asante Chiefs debated whether or not to fight, she stood up and said the following:
“Is it true that the bravery of Asante is no more? I cannot believe it. It cannot be! I must say this: if you, the men of Asante, will not go forward, then we will. I shall call upon my fellow women.”
She was then chosen to lead the Asante fighting force. This was the first and only example of a woman given that role in Asante history.
She later died in exile, but Yaa’s dream for an Asante free of British rule was realized on March 6th 1957, when Ghana became the first Sub-Saharan African nation to achieve independence.
0.000000001 ACX = 1 Ayn (Ayn Rand, USA)
Ayn was a Russian-American novelist, philosopher, playwright and screenwriter. She is best known for her two best-selling novels, The Fountainhead and Atlas Shrugged. In politics, she condemned the initiation of force as immoral and opposed collectivism and statism as well as anarchism, instead supporting laissez-faire capitalism, which she defined as the system based on recognizing individual rights, including property rights.
Cast Your Vote
We want to hear from you who are the women in history who inspire you. We are leaving 2 denominations blank to be voted on by ACX Network participants after launch. During our community rewards program, we will be incentivizing open submissions for the top 5 candidate choices, that will later be voted on by the network to pick the final 2 women.
Keep tuning in to hear more details!
Note: Thank you to the women and allies who have reviewed this program, edited this article and given us immeasurable feedback. And a special shout out to Shannon Wu.
