In a Discord chat I had with Chris, I try to figure out how to use meTokens, and what are the value dynamics around a personal token. I find that to get the most out of this token, nothing beats having a solid reputation and personal brand. In other words – it is one of many possible funding systems.
(I actually use a different chat handle IRL)
[10:57 PM] chiwbaka: I just added collateral to the tune of 0.1 ETH to my token, but it says the Total Supply is 1000 - same as before. Is this supposed to happen?
[11:00 PM] CBobRobison | meTokens: Yes. If you add collateral, you're only increasing the amount of ETH backing the already existing meTokens. If you want to increase the supply, then you'll need to buy/mint new meTokens
[11:25 PM] chiwbaka: I thought my collateral was supposed to be my time/services? @CBobRobison | meTokens
Continue reading Some Musings about Creating Your Own Currency – Interview with Chris Robison, Part 2
* 1. Introduction
* 2. Personal currencies – plausible?
* 3. Examples
* 3.1. Dance Teacher
* 3.2. Photographer
* 3.3. Software developer
* 3.4. Models
* 3.5. Doctors
* 3.6. Journalists/historians
* 3.7. Film directors
* 4. Final Thoughts
In this pilot installment of Chiwbaka’s Chainterviews, Chris Robison, the founder of meTokens, discusses a truly out-there concept – making your own personal currency. He also gives several examples of how dancers, teachers, musicians, film directors and artists of all kinds can benefit from this strange new invention.
Fittingly he now has his own token, $CBOB! Each CBOB is worth 0.0038EUR as of the time of publication. I wonder what this means…
Continue reading Why You Should Create Your Own Currency, according to meTokens creator Chris Robison