What is KOINA?
The heart of the KOINA system is the KOINA money. KOINA is basically a credit network and KOINA credits are created by a delivery promise into the future from producers to the KOINA community. The underlining principle is a unilateral/social contract (one2all) instead of a bilateral contract (one2one). KOINA is a debt-free, positive monetary system.
The guidelines defined by the KOINA rule set as well as multiple monetary features are executed automatically. Due to the specific currency architecture, the KOINA monetary system is inflation-free and its money mass is elastic. KOINA are issued decentrally by producers and hence no central institution is required.
KOINA is based on several smart contracts and one social contract which defines collective rules that constrain the behavior of the members of this community in such way as to protect each of them, while also benefiting the KOINA Federation as a whole. These rules may only be changed by the community.
A smart economy not only is networked but furthermore sustainable and collaborative by design, serving all of its market participants, whilst balancing limited resources with human needs. KOINA‘s innovative techno-social monetary system provides the element for sustainable value creation.
1 KOINA / 10 KOINA / 100 KOINA
0,1 KOINA = 10 KATODenominations
Celtic guardian angel / greenman
(responsible for balance between humans and nature)Logo
KOINA = Common in GreekCompany name