UrbanChange Protocol

Sywolab
UrbanChange Protocol
2 min readJul 1, 2023

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UrbanChange is a blockchain-based protocol that aims to empower local communities to lead positive change. The protocol uses a dual-token system, with one token for civic engagement and another for stimulating the local economy. UrbanChange also features a Proof-of-Stimulation mechanism that rewards users for participating in local initiatives.

The UrbanChange protocol is designed to be used by local community leaders to launch initiatives that promote civic engagement and economic development. The protocol provides a number of tools and resources that can be used to create and manage these initiatives, including:

  • A token issuance mechanism that allows community leaders to create local tokens
  • A platform for launching and managing local initiatives
  • A reward system that incentivizes participation in local initiatives
  • A governance mechanism that allows community members to participate in decision-making

The UrbanChange protocol is still under development, but it has the potential to revolutionize the way that local communities engage with each other and their governments. By providing a platform for civic engagement and economic development, UrbanChange can help to create more vibrant and sustainable communities.

Here are some of the key features of the UrbanChange protocol:

  • Dual-token system: There are two types of tokens in the UrbanChange protocol: civic engagement tokens and economic stimulation tokens. Civic engagement tokens are awarded to users for participating in local initiatives, while economic stimulation tokens are awarded to users for stimulating the local economy.
  • Proof-of-Stimulation mechanism: The Proof-of-Stimulation mechanism is a reward system that incentivizes users to participate in local initiatives and stimulate the local economy. Users who participate in local initiatives and spend their economic stimulation tokens in the local community are rewarded with more economic stimulation tokens.
  • Governance mechanism: The UrbanChange protocol has a governance mechanism that allows community members to participate in decision-making. Community members can vote on proposals that affect the protocol, such as changes to the reward system or the addition of new features.

The UrbanChange protocol is still under development, but it has the potential to revolutionize the way that local communities engage with each other and their governments. By providing a platform for civic engagement and economic development, UrbanChange can help to create more vibrant and sustainable communities.

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