Mooncoin is a decentralised ecosystem built from the Litecoin codebase in 2014. Much has changed over the past three years as a result of new people who have come into the project. New people bring with them new ideas and the consensus is, that Mooncoin represents something much bigger than a Lambo.
In 1932 Economist Lionel Robbins defined his discipline as, “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”- literally and metaphorically, our decisions are influenced by the struggle to put food on the table, yet in 2017 this should not be an issue.
Scarcity is the state of being scarce or in short supply, and is the common framework underlying your reasoning ability. Together with being self-perpetual, pervasive, and the main determiner of quality of life, it reaffirms that all things are finite and therefore loss becomes unavoidable. In consequence, it creates the facade of an immutable presence, however, we now have the means to tackle this.
The scarcity-principle affects all facets from resources, energy, personal ability to possibility. It restricts an outcome to precedent therefore disallowing most to explore realms outside of predetermination. Scarcity is the foundation for all political ideologies and removing this principle destroys their relevance and de facto support in favour of the alternative- rational or irrational the human gravitates towards the dominant doctrine in proximity for the purpose of inclusion. In a world connected by instant communication, the opportunity is present to exchange scarcity with a more favourable principle.
Competition for survival-resources had been reduced to near-extinction after mass water purification and industrial farming techniques were developed. As methods improved, production costs were reduced substantially up until the last decade when engineering crops to produce bigger yields, and augmenting vegetable size became realistic- when universally adopted will equal a further substantial decrease in cost. However, disregarding engineered food, humanity now has a surplus of food and clean drinking water; In the US, 50% of all food produce was discarded in 2016 making the global total approximately 35% with an estimated value of $1 trillion. Now humanity has the ability to distribute safe and inexpensive food to all, yet many people are still starving. Suffice it to say, for developed nations food and clean drinking water are abundant, however the scarcity-principle persists regardless.
As mentioned above, the major ideologies were created from scarcity type thinking for example; communism: we don’t have enough so let’s share, and capitalism: I don’t have enough so I’ll take everyone else’s. Whilst it had been advantageous to have a scarcity mindset in the past, our means have changed. Conservation of resources due to the apparent lack is no longer a suitable method because we no longer lack and without maximising technological advancements you risk remaining in subsistence to mediums levels of welfare, thus perpetually promoting scarcity as the only viable framework for reasoning.
In 2017, we can now print any object using a computer and a 3d printer. Now we have access to all the information in the world sitting in our pockets, and can calculate equations far exceeding what the human brain is capable of, nootropics which increase our cognitive abilities, blockchain technology which ensures safe and decentralised transactions of value, driverless cars which can drive us to work whilst we are preparing our schedule for the day- that´s if our AI personal assistants haven’t done this for us already. The consensus on allocation of energy and resources haven’t updated in tandem with the changing tide.
Cryptocurrencies represent the beginning of a long process towards a paradigm shift. Bitcoin was created in response to the 2007/8 global financial crisis and the preceding debt bubble being metaphorically popped. Nations went bankrupt, assets were liquidated, businesses closed, healthcare budgets were slashed, people lost their homes, their jobs, and under the strain of it all families broke up. For many, this signalled a call to action for independence from the disproportionate ownership of wealth and our means of survival via the oligopoly of banking corporations. This innovation came from a need for financial autonomy and not the illusion thereof- an act in accordance with the abundance principle.
Many believe what they´re told without critical examination, because scarcity keeps you thinking you lack what it takes. An example is in the common deterministic approach to academic and sports achievement. Often the battle is lost before it’s begun because scarcity tells you that some people are born genetically superior and that any personal attempt at progression in your respective field is futile. One overbearing example is seen racially with blacks being deemed as superior at sport yet inferior at intellectual pursuits and vice versa for whites. This mental battle drains you of your executive functioning and in consequence you believe you only have energy to work, eat, sleep, and repeat as energy is scarce. However, it is the belief of lack which forms a self-fulfilling prophecy.
The paradigm shift is from scarcity to abundance. An all-inclusive principle that fits to everyone’s needs, bigger, more efficient and will allow innovation from plurality. After looking at the work of; Nicola Tesla, Elon musk, Bruce Lee, Bob Marley, Richard Branson, Steve Jobs, Albert Einstein, Satoshi Nakamoto, Vitalik Buterin, and Mahatma Gandhi, it is clear that these people didn’t allow consensual agreement to hinder making innovations in their respective fields and thus changed the world. An abundance mentality allows freedom of thought and subsequently action.
Further, the abundance-principle will foster an environment where intense innovations are not beyond the bounds of possibility, for example; the technological singularity, efficiently harvesting the suns energy using a Dyson sphere, inter-planetary colonies, light-speed space travel, quantum computing, AI with beyond human-like intelligence, and age reversal. All things become possible when unrestricted from the scarcity mentality.
Mooncoin is another cog in the machine driving us to the future. At their root, all cryptocurrency ventures are the result of abundance type thinking, however what separates Mooncoin from other cryptocurrencies is the combination of its supply of 385 billion coins and its platform- the Mooncoin ecosystem. In the near future Smart-likes, Moonword, and Moon.edu will be the flagship releases to lay the foundation for the Mooncoin platform. The target is to offer an expansive platform which will accommodate every industry on the planet most notably government, education, and social media. The Mooncoin ecosystem is an all-encompassing platform meant for all industries.
The Mooncoin ecosystem will champion perpetual growth by enabling others to develop on top of the platform. The platform has limitless possibilities but the one constant is that it will carry on expanding. Mooncoin plans to reach out to all people because mooncoin is built for everyone with the future in mind. Mooncoin uses the lyra2 mining algorithm which produces one of the most secure networks to date, as it allows people with old hardware to mine as effectively as someone with a powerful mining farm (51% attacks don’t exist with Mooncoin), and therefore motivates miners to choose the Mooncoin network meaning more miners will verify the authenticity of all transactions. Additionally, Mooncoin uses the segregated witness protocol which further augments security and transaction speed. Mooncoin doesn’t have an elitist attitude and actively encourages participation from all people in exchange for peace-of-mind.
Mooncoin will be the first to offer a feature exclusive to education industries around the world. Moon.edu’s slogan is ‘learn to earn’ and it is as straightforward as that. A student who gets a high-test score will be rewarded according to his or her grade. Disruptive students will no longer be a concern to the teacher or other students in the classroom because they will be incentivised to pay attention- if they want the new DLC for fallout 4 they can pay for it themselves by paying attention in school. This will also give underprivileged students from developed nations, characteristically from single-parent families, the ability to help lessen the strain on their working parent with periodic payments for their achievements. Students from under-developed/ developing nations can do the same but to greater effect in consideration of their respective fiat to Moon conversation rate. Moon.edu will teach children about money management from a young age thus promoting sensible spending decisions as adults whilst also becoming a familiar name to the next generation.
Mooncoin will be one of the first cryptocurrencies to be incorporated into social media via its feature smart-likes. Social media as it stands is becoming increasingly outdated, with almost two billion Facebook accounts with many becoming inactive every month, there is a great opportunity which has been overlooked and this issue can be solved. Mooncoin offers a solution called Smart likes. Smart likes will pay a user for liking content using a unique currency called Moonlite- more will come on Moonlite in the future. User A likes X, then user B likes X, user A is paid for liking X and user A is also paid for user B liking X - user A is paid twice and user B is paid once- this process continues. If X goes viral and you were one of the original users liking X, you stand to make a noteworthy profit. Mooncoin seeks to promote income equality and social media engagement, which will be an asset to companies who are advertising on social media as increased social media engagment will mean their campaigns will have greater impact. Furthermore increased social media engagement alongside the smart-likes feature will allow new markets to emerge creating further opportunities for existing companies to profit.
Mooncoin´s features embody the abundance principle. Egalitarianism is a cornerstone of abundance and Mooncoin has this at its core- demonstrated via Mooncoin’s flagship features and Mooncoin’s mining algorithm Lyra2- because of this Mooncoin will be well-received by different cultures around the world as will teaching youth about money-management whilst motivating them to do better at school- which will pave the road for the innovators of the future. Mooncoin will reinvigorate social media platforms and act as a catalyst for increased engagement and create new streams of revenue commercially and private. Mooncoin will be adopted by many businesses for the vast benefits its features are offering, and Mooncoin seeks to be the cross-industry standard in seamless and secure transactions. Mooncoin will connect people from around the world with its ground breaking technology, ease of access and user interface. Mooncoin has a mission to promote the abundance mentality across the planet to further humanities aspirations. Mooncoin will empower people to earn at all times and financially enable the unprivileged. Mooncoin is built with the future in mind and Mooncoin seeks to begin establishing partnerships with organisations in the near future.