The International Blockchain Monetary Reserve (IBMR) was founded “to promote distributed inclusive economic development for the urban working poor in corrupt failing emerging markets through the issuance of regional ‘crypto-reserve currencies’ supported by corresponding decentralized economic structures, underlying assets and regional market alignment.”
The economic development model of IBMR is based on a “Social Proof of Work.” It is developing an inclusive wealth distribution network which encourages absolute social transparency for an entrepreneurial environment free of corruption, enabling a crypto-reserve currency to be deployed as a “micro asset” for production.
Registered in Singapore, IBMR’s first development focus is Southeast Asia. By launching and supporting the Asia Reserve Currency Coin (ARCC), IBMR seeks to destroy the cycle of corruption, poverty, and wealth disparity within emerging markets using the decentralized characteristics of the blockchain technology and digital currency.
The ARCC token is a macroeconomic stablecoin that creates and reallocates wealth by eradicating corruption. It aims to serve as a regional crypto-reserve currency supported by “a socio-economic network and currency reserve structure.” It is based on a decentralized network and is looking to have an immediate widespread impact via entrepreneurial empowerment within a decentralized financial system in which participation is important. With the aim of addressing infrastructural inefficiencies by minimizing corruption via the financial inclusion of the urban working class, ARCC seeks to boost every level of the Southeast Asian economic activity.
Debt-free micro asset
ARCC will function as a “debt-free micro asset” within a decentralized inclusive regional economy for the urban working poor’s investment into sustainable and scalable entrepreneurial ventures.
Social Proof of Work
The urban working poor can receive free ARCC by exposing systemic corruption and participating in socio-economic surveys. Such is an act of socio-economic empowerment via financial inclusion.
Radical social transparency
Fighting systemic corruption demands an open, transparent, collective, and verified account (Social Proof of Work Network) as a counterforce to detect and expose corruption.
|Price||1 ARCC = 0.016 USD|
|Soft Cap||20,000,000 USD|
|Restricted areas||USA, Singapore, China|