The essence of LushCoin is that ideas (invention/innovation) can create actual work that people will be paid from, so LushCoin generates the money to get the idea off the ground. This replaces proof of work; instead of working with the nonce, AI is used to create a cryptographic hash from the idea that uniquely represents its novelty. LushCoin is based on creating an ecosystem around original ideas.

Because LushCoin creates money in response to ideas, it will not need an ICO, bounty or other such device.
The more lives an idea can change, the greater the reward paid to its originator. Bad ideas will get discarded.

Take for instance you start a wonderful open source idea to create a wonderful gizmo, but you do not have the money. With LushCoin:

• You choose a community to host your idea.
• You select your preferred business incubators.

If the idea is good:

• You get rewarded.
• You get protection for your intellectual property.
• The incubator gets funding to see your idea through.
• The host community gets jobs and development.

By the way, the idea doesn't have to be open source.

Because proof of work has been replaced with proof of originality, total coin supply is not applicable to LushCoin.