Economy and Resources

Currency & Cryptocurrency

While the village will operate with minimal bills, we may still need to address local government requirements, such as property taxes on our land. To meet these obligations and fulfill various needs and wants not produced within the village, we will explore diverse revenue-generating activities once the community is operational.

Our offerings include:

Performing Arts

Theatres will host public performances, featuring works by resident artists and engineers, enriching our cultural landscape.

Festivals

Regular celebrations of arts and engineering, fostering collaboration and creativity while inviting the wider community to participate.

Aquaponics Café

A space where visitors can enjoy delicious, locally grown meals, highlighting our commitment to sustainable food practices.

Guided Tours

Visitors can explore the village, learning about our unique approach to sustainability and community living.

Sanctuary Museum

A hub showcasing the artistic and engineering accomplishments of our residents, providing insight into our vibrant community.

Gift Shop

Souvenirs and crafts created by residents will be available for purchase, allowing visitors to take home a piece of our village.

All of these activities will be priced fairly, utilizing Circuitree, the village’s dedicated currency. Dates, durations, and specific details for these activities will be collaboratively decided upon as needed. The possibilities for creative endeavors are vast, reflecting the innovative spirit of our residents.

In addition to transactions using Circuitree, we will also accept popular cryptocurrencies like Bitcoin, Ethereum, and Safecoin as payment options for products, tours, meals, and donations to support our fundraising efforts. This multi-faceted approach ensures that we are well-positioned to thrive financially while fostering an inclusive and dynamic community atmosphere.

Tasks, Jobs, & Wage-setting

Wage-setting

Wages will be determined collectively using token-based voting on pay ranges for various categories of work.

Wage Categories and Ranges: We will determine various categories into which tasks are likely to fit. Each villager will then independently submit what they would accept as a range of pay for each task category through token-based supermajority voting. The voted wages will become the pay ranges for their respective categories.
- For example… the category is cleaning… Half say they would accept 20-30 Circuitree… the other half say they would accept 40-50 Circuitree… so we go with 30-40. Any jobs posted in this category must now adhere to this set range.
- When determining wages, the highest amount will be limited to the decided maximum amount one can gain from a particular task.

Dynamic Wage Adjustment: Every six months, a wage review will occur to reassess the pay ranges. Villagers will vote on necessary adjustments using crypto tokens, keeping wages responsive to inflation and changes in task difficulty.

Token-Based Voting on Wage Adjustments: Residents will propose and vote on wage adjustments for each job category, ensuring fairness and consensus.

Jobs

The only difference between tasks and jobs is whether or not you’ve completed your six hours for the week. Anything in addition to the required six hours is considered a “job” and paid as such.

So while each villager will only be required to complete six hours of work in the village per week, everyone will be welcome to do more, and will be compensated for it too. However, instead of being paid by the hour, villagers will be paid per job… and each job will have its own appropriate rate (which will be set by the villagers themselves – see wage-setting for more details).

Permanent Positions

There will be endeavors that can’t be fairly paid as “jobs” or “tasks” because they’re the types of endeavors that “take as long as it takes” or, require some level of specialized knowledge. It may also be more beneficial to have only a certain number of people handling certain things (maintenance and repairs on complex machinery, for example).

In some cases, the permanent position will be the resident’s only required position (not counting inspections, that’s required for every resident). Whether or not this is the case will be decided upon during wage negotiations for the specific position.

Tasks

Each resident will be required to contribute six hours, per week, to “tasks” that aid in the continued operation of the village. These tasks could be anything from emptying the trash bins in the public and purpose buildings to being a model for a sculptor or painter. (Note: artistic and engineering tasks may require an audition, as per the posting-creator’s discretion.)

You can do all six hours in one day, or disburse them throughout the week in whatever fractions work best. Partial pay will be provided for completed hours if valid reasons are given for not completing all six hours. Neglecting to complete all six required hours (for no good reason) will result in that many more hours being required the following week, and may even result in exile in extreme cases (i.e., working for zero hours on a regular basis without good reason).

Residents will be paid 120 Circuitree (the village’s currency) per hour upon satisfactory completion of all 6 hours (each additional task completed to meet the required 6 hours, adds an additional 24 circuitree to the original hourly amount). Satisfactory completion will be determined by task inspections (see below). Neglecting to complete all six hours during the week (without good reason) will also result in no pay for those tasks until all six hours are complete.

Tasks will be sorted into various priorities based on time-sensitivity. So, for example, harvesting food will hold a fairly high -if not the highest- priority. Cleaning of public spaces and kitchens will also be priority. Further categories will be established as a group when necessary. Feel free to share your ideas in the discord server.

Task Selection

Residents will choose tasks via the intranet, ensuring equal access to available work and efficient task management.

Task Matching Algorithm: To streamline the process, a task-matching algorithm will suggest tasks based on a resident’s skills, availability, and interests, maximizing efficiency and ensuring the right people handle the right tasks.
Task Prioritization & Notifications: Urgent or time-sensitive tasks will be automatically prioritized, with notifications sent to residents. This ensures important tasks are completed in a timely manner.
Task Progression: Once a task is selected, it will be moved to a “pending completion” list. Upon completion, it will be then be moved to a “pending inspection” list.
- When a task is completed and moved to the “pending inspection” list, the inspectors for that week will be alerted and presented with the ability to coordinate with one another.
- An organizational (notification, communication, coordination) system will be set in place specifically for inspectors, for the sake of efficiency and sanity.

We will use decentralized governance methods, such as Quadratic Voting and Holacracy, to ensure fair representation and consensus-driven decisions.

Task Inspections

Vital tasks, if not all tasks, will receive inspection after completion. Inspection will be conducted by other villagers, in groups of three, immediately after a task is completed. Two to three groups of inspectors will be active at a time, Detailed checklists will be established for consistent evaluations, and villagers can appeal inspection results through a formal appeal process, which will be reviewed by a neutral group.

Choosing inspectors: Villagers will be listed in chronological order, from oldest villagers (those who have lived in the village the longest) to newest. The first three on the list will be the first inspectors. Every week, the next three on the list will be chosen. When we reach the end of the list, we start again from the top. Provided the population of the village isn’t divisible by three, this should also result in some variation between the groups of three.

Acting as an inspector also counts towards required weekly hours.

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