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Smart Assets Back the Earth Dollar

How the Mother Earth Network Captures Natural Capital

SMART ASSETS – MAKING THE INVISIBLE ASSETS, VISIBLE AND TRADABLE

The Mother Earth Network will be creating a series of asset based instruments called Smart Assets (Tokens). Using Smart Assets Tokens, the value of assets with an intrinsic value such as freshwater, trees, land, carbon credits, mineral rights are verified and converted into tradable digital tokens using the Mother Earth Network color coin protocol and also using the Bitcoin protocol, as well as the Ethereum Protocol. Smart Asset Tokens make nature more visible. As people are rewarded for the value of sustainable practices for the usage of nature resources, it creates participation in protecting it.

SMART ASSETS BACK THE EARTH DOLLAR

The Earth Dollar is 100% backed by a basket of these Smart Asset Tokens. Our goal is to back each Earth Dollar with at least $10 USD in value of Smart Asset Tokens. With the asset backing, this will make the Earth Dollar one of the most stable currencies in the world. This means that people can trade in their Earth Dollars for any of these Smart Assets Tokens at anytime.

As natural capital is sustainably harvested, regenerated or replenished, conditions of each Smart Asset will yield a positive return for the Smart Asset Token holder as criteria is reached.  This acts as a way to ensure accountability and the safe guarding of our natural resources.

While Smart Assets Tokens can be extended to other items such as artworks, gold, diamonds, real estate, and bonds, there are restrictions on creating Smart Assets Tokens that harm the environment and the well-being of the inhabitants on the planet.
   

HOW ARE SMART ASSET TOKENS CREATED?

The process of creating Smart Asset Tokens:

  1. An asset is pledged by its owner on the Mother Earth (ED) blockchain, which can include natural capital assets;
  2. The value of the assets are verified using the Natural Capital Accounting System or another financial valuation method;
  3. Multi-stakeholders are engaged to create the criteria and conditions that ensure the ecology and sustainability practices of the assets usage;
  4. A maximum % is set for a single or group of related entities to own this asset is set;
  5. Surplus, Profits and Dividends from processing of assets are calculated and defined for each the Smart Asset Token contract;
  6. Pay periods are defined (if any – some assets have no payouts) for each the Smart Asset Token contract;;
  7. A fixed % will be used to back the Earth Dollar on the Mother Earth (ED) blockchain[1];
  8. A fixed % will be put in reserve on the Mother Earth (ED) blockchain [2];
  9. A fixed number of tokens are created and put on the Smart Asset Exchange for purchase and trading;

Here are 3 examples of Smart Asset Tokens for demonstration purposes:

Example 1 – Lac Dumoine Smart Asset Token: A fresh water lake holding 648 billion liters of water @ 0.01 cents USD per liter, with a total value of $6.48 billion USD. Lac Dumoine is on the territory of the Anishnabe Nation of the Ottawa River Watershed with title and ownership of the property. People holding this Smart Asset is entitled to 5% of the surplus revenue from the extraction of this asset. 50% value of this token is used to back the Earth Dollar and the other 50% of the asset value will be held in reserve. No single entity or group of related entities may own more then 10% of the total of this token.

Example 2 – Pine Forest Smart Asset Token: A forest holding 125 million trees @ $350 USD per tree, with a total value of $43.75 billion USD. Pine Forest is on the territory of the Aiken Lake nation with title and ownership of the property. People holding this Smart Asset is entitled to 10% of the sale of annual carbon credits revenue from the exploitation of this asset. 85% value of this token is used to back the Earth Dollar and the remaining 15% is sold as Carbon Credits and forest products over a 25 year period. No single entity or group of related entities may own more then 10% of the total of this token.

Example 3 – South Africa X Gold Mine Smart Asset Token: A gold mine holding an estimated 120,000 ounces of gold @ $1,300 USD per ounce, with a total value of $156 million USD underground in the unexploited mine. Mother Earth Trust holds title and ownership of the property. People holding this Smart Asset may be titled to receive all surplus gold in the form of minted gold coins divided evenly among all the tokens and surplus shall mean any gold remaining after Mother Earth Trust receives a profits of 7% . 100% value of this token is used to back the Earth Dollar. No single entity or group of related entities may own more then 5% of the total of this token.

[1] Smart Assets Backing the Earth Dollar:  These Smart Assets Tokens are used to back the value of the Earth Dollar.  The total of each % allocated to back the Earth Dollar is used as a control mechanism for the quantity of Earth Dollar put into circulation. The current strategy is to mint no more then 10% of the total value of Smart Assets Token. Therefore, each Earth Dollar is backed by 10x more value in assets; this is expected to make the Earth Dollar highly stable and liquid.

[2] Reserve: The total of each % allocated to the Reserve for each Smart Asset is used as a anti-inflationary mechanism for the Earth Dollar economy. This reserve is automatically adjusted to minimize any volatility of economic and market forces. We believe this will create a currency with a stable buying power.

Smart Assets Exchange: The Smart Assets Tokens will be tradable with the Earth Dollar on a decentralized peer-to-peer trading platform call the Smart Assets Exchange, which runs on our Mother Earth Network (Software Platform). The Smart Assets Exchange will provide opportunities for non-profit organizations, governments, corporations, banks, brokers and individuals to participate in this powerful new decentralized economic system. These Smart Asset Tokens may be traded on other exchanges as well.

What is the Value of Assets?  What is the true value of freshwater, trees, the wildlife, natural medicines, foods, bees, the oceans, the fauna, our biosphere and Mother Earth that sustains all life? Nature is priceless and evaluating the Smart Assets backing the Earth Dollar is a difficult task, especially assets from the natural capital category.

Freshwater is one of the major Smart Asset categories the Earth Dollar has backing on its blockchain. Citigroup’s top economist Willem Buitler said in 2011 that the water market will soon be hotter than the oil market, “The water market will soon eclipse oil, agriculture, and precious metals. Water as an asset class will, in my view, become eventually the single most important physical-commodity based asset class, dwarfing oil, copper, agricultural commodities and precious metals.”

Water is life. Without water, we all die. Some people call freshwater “blue gold” because it is so precious and sacred. UBS Investment Research, a division of Switzerland-based UBS AG, Europe’s largest bank by assets states “Water Scarcity Is the Defining Crisis of the 21st Century”. Know full that the you are preserving the treasures of our planet by using the Earth Dollar.

What is the real value of protecting nature, which gives us life? Billions to trillion of dollars in estimated publicized Smart Assets from our World Heritage Sanctuaries have been pledged on the blockchain to back the Earth Dollar currency under a global commons; most of these Smart Assets are derived from our Natural Capital Assets whose assessments will be autonomously verified and is expected to be completed by the Fall of 2018, by applying the Natural Capital Accounting System (NCA).

The Fall 2018 Accounting Report to be done for asset evaluation will include as follows: (Land cover map and geospatial database by land cover classification of all lands, natural resources, ecosystem services, and areas of significance for traditional use; Carbon budget and GHG emissions assessment and map; Marketable Natural Resource Asset valuation, highest and best-use analysis of natural capital; Ecosystem services valuations for 18 ecosystem services; Traditional Land Use Mapping and Valuation; Human Industrial Footprint and Industrial Disturbance analysis and loss to traditional values: Estimated economic/cultural (TLU)/ecological costs of damages incurred from human/industrial impact; Completion of a Natural Capital Asset Balance Sheet and Valuations for the Earth Dollar to inform strategic decision-making

Note: Smart Asset Tokens = Assets, Earth Dollar = Assets, Fiat Currency like the US Dollar = Debt, Bonds = Debt

About the Author

David Kam is the visionary and creator of the Earth Dollar; he hopes to grow the Earth Dollar movement to alleviate global poverty and to Heal Our Mother Earth (H.O.M.E.). Using his Chinese Hakka roots, he also works with indigenous peoples worldwide to help them with their independence and prosperity.

 

David is a multi-talented individual that has worked with one of the world’s largest Fortune 500 company, as well as with numerous non- profit organizations. David is currently putting his talents to creating a more sustainable and a more peaceful world.

 

David also runs one of the largest green groups on the Internet, called LOHAS (Lifestyles of Health and Sustainability) with 14,000 green businesses, NGOs and associations, reaching millions of Cultural Creatives worldwide.

 

David is also an artist who is the founder of the Thinkism Art Movement (year 2001), the first fine art movement of the 21st century – described as the socially conscious art movement.

 

In 1990, David and his friends pioneered the energy drink category, being the first in the world to add ginseng to formulate their Energy Drinks, after noticing people lining up to buy ginseng root in Chinatown. They negotiated a 5 year franchising-licensing agreement with Grey Beverages, the largest independent bottler in Canada (now owned by Pepsi-Cola Bottling Group) to test market a E=MC² Energy Drink, for North Pole Beverages Co., in Western Canada (population 2 million people).

 

David Kam is the visionary and creator of the Earth Dollar; he hopes to grow the Earth Dollar movement to alleviate global poverty and to Heal Our Mother Earth (H.O.M.E.). Using his Chinese Hakka roots, he also works with indigenous peoples worldwide to help them with their independence and prosperity.

David is a multi-talented individual that has worked with one of the world’s largest Fortune 500 company, as well as with numerous non- profit organizations. David is currently putting his talents to creating a more sustainable and a more peaceful world.

David also runs one of the largest green groups on the Internet, called LOHAS (Lifestyles of Health and Sustainability) with 14,000 green businesses, NGOs and associations, reaching millions of Cultural Creatives worldwide.

David is also an artist who is the founder of the Thinkism Art Movement (year 2001), the first fine art movement of the 21st century – described as the socially conscious art movement.

In 1990, David and his friends pioneered the energy drink category, being the first in the world to add ginseng to formulate their Energy Drinks, after noticing people lining up to buy ginseng root in Chinatown. They negotiated a 5 year franchising-licensing agreement with Grey Beverages, the largest independent bottler in Canada (now owned by Pepsi-Cola Bottling Group) to test market a E=MC² Energy Drink, for North Pole Beverages Co., in Western Canada (population 2 million people).

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