3 - 5 minute read
UrbanChange Protocol, a dual-token economy model promoting economic and social sustainability in local communities worldwide, is launching on mainnet. The protocol empowers community leaders, including organizations and individuals, to maximize the impact of their budgets by promoting local engagement related to sustainability, education, preventive care, diversity, and shopping local. UrbanChange presents a paradigm shift in how local engagement is measured and incentivized.
The protocol’s model utilizes two tokens, LocalCoins and ImpactTokens, to stimulate a continuous cycle of social engagement and economic growth. LocalCoins are local currencies earned by residents for taking actions that support the community’s goals, such as recycling, volunteering, and promoting education. They can then use their LocalCoins to shop at whitelisted local businesses. Spending LocalCoins merits ImpactTokens, which offer voting and governance rights to community members and provide access to benefits associated with shared ownership. Ultimately, ImpactTokens reflect the prosperity and level of social engagement of urban communities.
Local hero program and grants
The upcoming mainnet launch will allow motivated residents and leaders to be among the first to launch UrbanChange in their communities and receive early adopter benefits, including a grant designated to kickstart success. In anticipation of the launch, UrbanChange has opened the floor for community leaders worldwide to receive a grant of the 5,000 UrbanChange tokens needed to launch their community on UrbanChange Protocol. A total of 10 grants will be distributed to community leaders who join the “local hero program” and take the necessary steps to open their UrbanChange vault.
Ortal Tevel, co-founder of UrbanChange, believes that change can start anywhere, and no one is too insignificant to drive change. The protocol is designed for anyone who wants to lead change, whether a municipality, a private or non-profit organization, or an individual. At UrbanChange, collective action will ultimately create lasting change.
About UrbanChange Protocol
UrbanChange Protocol is a dual-token model promoting economic and social sustainability in local communities. The protocol empowers community leaders to maximize the impact of their budgets by promoting local engagement through taking positive actions related to sustainability, education, preventive care, diversity, and shopping local.
UrbanChange Protocol’s mainnet launch introduces an innovative way of promoting economic and social sustainability in local communities worldwide. The protocol’s dual-token model creates a circular local economy that drives increased economic and social prosperity and gives residents a true sense of ownership. Traders should keep an eye on the protocol’s progress as it could potentially have a significant impact on the asset in question.
The Bottom Line
UrbanChange Protocol’s mainnet launch is a significant step towards promoting economic and social sustainability in local communities worldwide. The protocol’s dual-token model creates a circular local economy that drives increased economic and social prosperity and gives residents a true sense of ownership. Traders should monitor the protocol’s progress as it could potentially have a significant impact on the asset in question. The upcoming grants and opportunities to launch UrbanChange in communities worldwide make it an exciting asset to watch.
