Economy

Aleksej Sokolov
1 min readJan 11, 2025

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Wrong solutions for building digital economy:

  1. Find a big investor, who will make risky investments in crypto.
    It’s hard to find this kind of investor.
  2. Register your COIN in popular crypto-exchanges.
    You need from 50k to 1000k USD to register your COIN in popular exchange and in this case you will make a standard financial pyramid.

In both cases you need to become a public company and a part of the system.

Summarizing the above written I came to a following conclusion — we must build economy from a bottom.

The plan:

  1. Complete development
    I’m planning to implement synchronization functionality. Everyone need’s a backup functionality and there are no solutions to safely make backups to remote machine. The correct decision is to make safe encrypted backup to service node (Files service).
  2. Pay interest to this project
    In the first place the enthusiasts (who needs good automated backup and other functionality) will pay interest to this project. Entusiasts will use service nodes for free (our faucet with “proof of time”).
  3. Some enthusiasts will deploy their nodes to earn coin-hours (NCH)
  4. We will control NESS and NCH emission (Faucet)
  5. People will start to change their NESS and NCH to USD
  6. We will spend all money to further development.

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Aleksej Sokolov
Aleksej Sokolov

Written by Aleksej Sokolov

Ideologist & Main Developer at PrivateNess

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