Platform of reputation economic where members Share inventory and earn residual Perks

Premise
In a second "shot heard around the world," Bitcoin took a defensive stance for liberty against centralized corruption. So, it is ironic and a bit cryptic that, not long after Bitcoin launched, a plague of centralized exchanges formed. Sure, they provide easier access to an ever-growing field of cryptocurrency, but at the expense of a core purpose in privacy.

Decentralizing helps prevent collusion that affects supply and production, and therefore, demand and pricing. Centralized structuring promotes collusion and diminishes the hope entrepreneurs need to 'dance like no one's watching.'

Bitcoin prevents a repeat in 'bail out' monies for businesses, 'too big to fail.' Bail-out monies actually used to buy out competitors, as happened in 2007 when 'Big banks,' reeling from a sub-prime lending crisis, received trillions in USD to keep them afloat and then used these funds to 'buy out' competitors.

Add to this sham, that Big Boxes leveraged a pandemic to edge out "non-essentials" with Big Data using 'right to refuse service' to censor ones 'inalienable right of expression' and we have a full-on attack of liberty, so necessary to expression.

Abstract
Free Market needs a dedicated platform of commerce governed in open source by a vested member base.  A platform on which members mine their own transactions in open ledger.

A platform mined by members with hardware at the point of sale would provide a level of localized security that existing cryptocurrencies do not provide. 

A decentralized platform of members, utilizing a reputation-based system on merit to open-source supplies and its own management, would be in stark contrast to say, China's reputation model based on privilege with no accountability for its centralized management.

White Paper
All elements of such an economic model are currently proven.  Barter networks, share platforms, open ledger, ratings systems... can all be uniquely re-assembled into a decentralized Business for Business (B4B) exchange eliminating revenue splits, transaction fees and dues, to conserve over 50 percent of provider revenues.

This paper is on the procedure and policy of such a platform, uniquely compiled from existing technologies and methodologies, to eliminate FIAT transaction fees from existing Barter, 'Share' and Cooperative markets, while:

• Sustaining supplies more effectively with block chain
• Cultivating a new economic in reputation
• Bridging the last mile in socioeconomics where gigs are proprietary

Particularly unique to this platform are:

• The development and distribution of benefits per reputation
• True 'Share' model where transactions are donations
• Creation and unification of proprietor citizenry 

A Blue Paper on the technologies utilized in this platform will be available after initial funding and before Air Drop to "Named" accounts of providers, and provide particulars on:

• A native coin
• Algorithms for transactions and reputation valuation
• The open sourcing of benefits

THIS IS A NEW AND FIRST IN CLASS design of commerce based on reputation. It is predicated on sustaining heritage with supplies while developing 'gig work' as a last step in a holistic economy of proprietor citizenry.  In reading you will discern how B2B levels up to B4B in a Share concentric and value axis of a purpose driven reputation, based in an open sourced environment flourishing in tandem with, and in support of, the local FIAT currency. A support in the form of relief to members hedging slow or dead inventories to conserve cash flow for FIAT expenses.



pirq.org
A Reputation based system where donating overstock with members creates "honor" spent on perks and benefits openly sourced by members that:

• Values the "ability and willingness to be involved, productive and committed to a more social economic."
• Utilizes open-source management and open ledger accounting
• Generates residual benefits (Tributes) for accrued Honor from 'Reputation'

Introduced to the multi-billion-dollar Barter Industry, this platform would eliminate brokers and fees in excess of 15% to break down the walls between brokered networks with one map and coin. Members can be the broker.

pirq.org eliminates the practice of brokers in keeping 'managed' or 'hidden' accounts that they, themselves, use to the dilution of their own Alt FIAT, 'Trade Dollars.'

This elimination of brokers and fees will also increase member donations(commerce) by lack of fee friction and broker lag.

The proven model of Alt currency, that Barter networks currently use, will apply to Disruptive businesses, such as Ride and Home Shares, that are highly sought after by barterers for the liquidity they offer.

This merger of Disruptives and Barter will enable them each to:

• Re-gain up to 50% of revenue from alternative platform splits and fees
• Overhaul old school accounting with open ledger technology
• Develop the 'last mile' of Gig work where citizens​ are proprietors

This last mile, assisted by conversion of Retailer Reward Programs, creates a scale of service in the like of Amazon and Alibaba, as sales to delivery are at ones fingertips.

Imagine
A national hardware store has a policy to deliver additional paint to the home of a customer who discovers they are short.
On pirq.org, additional paint is delivered by a Rewards member in the vicinity who is paid (Perked) accordingly. 

1. A citizen shops the hardware store's web site
2. Hardware store picks up the order and broadcasts a delivery opportunity to Rewards, likely in store (promoting their Rewards program)
3. Delivery person (member) is perked/paid on the spot
4. Hardware store sales grow 
5. Retailers register their Reward Program, or create one, on pirq.org

By assimilating barter networks, disruptive platforms and cooperatives with one native coin, enhanced with reputation scoring to translate accrued Honor (from good reputation) into benefits, the smallest and largest contributors have equal opportunity in rewards.

​
Origination
As a liquidator of luxury hotels, I purchased furniture, fixtures and equipment (FF&E) that I sold, donated or traded on barter networks. Networks that charged me over 12% to broker transactions.

In March of 2010 a lady told me of a new thing her son was doing, mining Bitcoin. I looked into Bitcoin, but at the time the closest café accepting it was 3000 miles away, however...

The 12% cash fee for bartering had met its silver bullet!

Studying how to decentralize with Bitcoin (at the time, the only cryptocurrency), compelling advantages surfaced

• Eliminating transaction fees from barter (and now gigs and sharers)
• Stream-lining logistics of supply chains
• Inherent privacy that limits corruption and unsafe exposure

​Moving ahead a few years, AirBnB and Uber were disrupting established markets and adopting the title of Share Business, over Disruptives, to soften their image, when key points came to mind...

1. These aren't Share or Decentralized businesses as portrayed, but centralized platforms gauging providers as much as 50% in revenue for using an app
2. Providers on these platforms offer a Barterer's dream in, highly liquid hospitalities(rooms, rides, cafes...)
3. Barter dollars prove Alt currency, even with high fees, so adapting Disruptives to a coin with no fee is probable.

Serendipitously, while researching cooperative development utilizing public participation, in 2007 I Copy Righted a paper on how to fund production of film through public votes. This was a precursor to equity crowd funding as used in Initial Coin Offerings of cryptocurrencies that pirq.org will employ to:

• Convert Barter Dollars (a FIAT) to open ledger with a coin to be mined, internally, by members (an additional layer of security)
• Assimilate disruptive businesses into a model of Alt Currency already proven by Barter networks

Adaption to pirq.org is a short curve:

1. Barterers currently pay huge fees for transactions that will now be free and any member of any network may list and begin in minutes
2. Gig Providers currently use multiple platforms (Drivers use Uber & Lyft; Home Shares use AirBnB and VRBO...). One more outlet, that is free, will be welcome. 
3. Manufactures want to eliminate bottlenecks and increase revenue and equity.

pirq.org will utilize a few unique points for growth:

• Air drop a seed supply of ​​Cascading Coin (materializing in equal amounts to transactions)
• Tenure for members who fully harvest this Seed
• Open Sourcing management of platform, policy and procedure to Tenured members

As the platform matures:

1. The founding board will relinquish control to management, chosen by Tenured members, that will govern in democratic fashion of a balance in power between, an Executive branch that is all members, a Legislative branch of Tenured members and a Judicial Branch of the creator or controlling coin holder(s) 

pirq
It Pays to Share