but how to distribute the token?
Aside from the generation of coins, everything remains basically the same as bitcoin.
For coins you own, these can be distributed pretty much as you choose, just as with bitcoin.
With communities (which can be, a town, village, country, the world etc) it is slightly more complicated. Here's a two part summary:
1. POW is replaced. Instead money is generated in a race by miners to evaluate the impact a business based on an innovation will have on a community. The evaluation is done by AI, then opened up for public scrutiny.
The money generated by LushCoin, it will go to a multisig address from which an incubator can draw monies to actualise the innovation, if and only if it has the agreement of the host community and the innovator.
2. The colored coins used by the system will be produced by dedicated forms which will produce machine readable versions of the parts that get stored on bittorent. Acknowledgements of system transaction get sent to those concerned as colored coins.
Thats pretty much a summary of coin minting/distribution in LushCoin.
Great invention / innovation = great reward
Trash idea = trashcan
If a community cannot innovate, it will go out of business. With each innovation they host, community will then enjoy the jobs created, development; enhanced skills base and economy viability.
If you can create and use an AI that is fair in its evaluation and can evaluate all kinds of events fairly, you would not be posting here. The impact a business idea or proposal has is based on too many inputs, the same inputs can have different weights to different humans for examples too different VCs, how do you ensure fairness and correctness unless you know the future? Eventually every single outcome would depend on public scrutiny rather than AI, and with that the person who controls the crowd gets to have his or her proposal approved.
Why would I not post here? I don't get that part.
You've got it mixed up. What will be submitted will not be a business idea, but an original idea or innovation. It is important to understand this subtlety.
It is the original idea or innovation that will get evaluated by LushCoin for its impact. Then money can be generated to fund a project to actualise the idea and to reward miners and the inventor.
Firstly the submitted idea gets tested for originality, without which it will not progress to any sort of public scrutiny. A person cannot hope to control the crowd when they do not know the outcome of the AI originality test. Public scrutiny is mainly to vet logic, usefulness, benefits, negative impacts etc. As an extreme example; a community will most likely reject an idea for building dirt cheap houses out of toxic waste. The crowd will act in its own interest.
After passing the originality test, the strength of the ideas connections to society are measured. How useful is it? How connected is it to such local factors as education levels, suppliers etc? This is all done by AI.
Everything in the world is part of a network, therefore network methods work quite well to resolve systems where there are multiple inputs. For instance, LushCoins preferred method for measuring strengths is network accessibility, a method which has already been successful in epidemiology for modelling the spread of disease (weighting, varied inputs and all).
Weighting can be obtained from random walks on corpora (eg Wikipedia), World Bank data etc.
Number of inputs = no problem.
It is only correct that public scrutiny overrides AI. After all, we don't want to be ruled by machines. AI must be a tool to improve our well being and nothing more.
As far as controlling the crowd is concerned, the only group that can benefit from this would be inventors or innovators, because only their ideas can cause money to be generated. BUT, would anyone want to play games with their original idea and risk getting chucked out? I think not. Most importantly, AI, not the crowd, will determine the amount of money to generate as well as size of reward for inventor or innovator.
In addition, the methods for forming a community on LushCoin are quite strict. Every community must be tied to a geographical location (meaning real people on the street), all membership is by invitation only, and erring members will be thrown out along with the full invitation tree of the person who invited them. This should be an effective disincentive for any with a corrupt bent.