Quote from: Barasha on December 07, 2017, 07:14:25 AM

Quote from: defaced on December 06, 2017, 06:25:37 PM

That is exactly what we are doing.

so what my plan for FRK is, to keep the spirit of Franko as a currency. What id like to do is keep a constant token swap open forever so if people want to mine on the frk chain as it is now they can, and if they want they can burn their tokens for FRK:Lucrii.

Lucrii is a basic income and will also have staking. So "Borderless Citizens" will be able to register with the basic income registry, and when they are verified they will be able to mint FRKL every month unconditionally. We are probably going to try and set it to something like 1k lucrii per month but have that determined eternally so it can be updated in the future.

Everything about lucrii is modular. Since tokenlab is done now, we have the technology needed for token swapping. What we will need then is for people to create cart solutions for the new token. Again since we are going to be focusing on its utility as a currency.

Leaving the traditional mining is good!
We can burn tokens or coins for FRK:Lucrii? Is it the opposite, is it possible to get coins back for tokens?
Not understandable about 1k per month...
I think FRK on the right way, it will be new life for old good coin.

So I was actually considering that. Do we want to make them swapable back and forth? What makes this an issue is FRKL will have basic income and proof of stake so FRKL will outpace FRK production. I think we will just keep it open one way.