(PRESS RELEASE – Zug, Switzerland, April 24, 2023)
UrbanChange Protocol, a dual-token economy model promoting economic and social sustainability in local communities around the world, launches on the mainnet. In the coming weeks, the protocol and its offerings will be made available to the public.
UrbanChange Protocol presents a paradigm shift in how local engagement is measured and encouraged. The protocol enables community leaders – organizations and individuals to maximize the impact of their budgets by promoting local engagement related to sustainability, education, preventative care, diversity and buying local.
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 to launch success.
UrbanChange’s dual token model enables community leaders to set, track and achieve their goals by motivating residents to participate in community initiatives. Ultimately, this generates a strong local circular economy that leads to increased economic and social prosperity and gives residents a real sense of place.
The protocol model uses two tokens: LocalCoins and ImpactTokens. These tokens work together to drive a continuous cycle of social engagement and economic growth.
The LocalCoin is a local currency. Residents earn LocalCoins for taking actions that support community goals such as recycling, volunteering, and promoting education, then use their LocalCoins to make purchases at whitelisted local businesses.
Spending LocalCoins earns ImpactTokens. ImpactTokens provide voting and governance rights to community members and provide access to the benefits associated with shared ownership. Ultimately, ImpactTokens reflect the prosperity and level of social engagement of urban communities.
Local Heroes Program and Grants
The upcoming mainnet launch will allow communities to launch their own LocalCoins and ImpactTokens to drive a unique cycle of economic growth and social impact. In anticipation of the launch, UrbanChange has paved the way for community leaders around the world to receive a grant of the 5,000 UrbanChange tokens needed to launch their community on the UrbanChange protocol. A total of 10 grants will be distributed to community leaders who join the Local Heroes program and take the necessary steps to open their UrbanChange Vault.
UrbanChange’s Local Heroes program is designed to support UrbanChange leaders in communities around the world. The program provides leaders with the resources to spread the word and successfully implement UrbanChange in their local communities.
“At UrbanChange, we believe that change can start anywhere,” wrote UrbanChange co-founder Ortal Tevel, “whether you are a municipality, a private or non-profit organization, or a particular. If you want to drive change, UrbanChange is for you. No one is too insignificant. You just need a community leader to drive change and bring more and more people with them… Ultimately, every action matters, and collective action will ultimately create lasting change.
UrbanChange is now accepting motivated individuals who want to drive change in their local communities to join the Local Hero program via a dedicated Discord group.
About the UrbanChange Protocol
UrbanChange Protocol is a dual token model promoting economic and social sustainability in local communities. The protocol enables community leaders – organizations and individuals – to maximize the impact of their budgets by promoting local engagement by taking positive actions related to sustainability, education, preventative care, diversity and purchasing. premises.
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