PEACE COIN Community Relations Report_EN_2024

PEACE CO IN
A Structure for Visualizing
the Circulation of Social Capital
©2024 by PEACE COIN PROTOCOL FOUNDATION MTÜ
Tips for Implementing PEACE COIN
in your Community
Community Relations Report 2024
For PEACE COIN holders and those who consider implementation
Summary report on the spread of PEACE COIN and future prospects

Index
Introduction
What is PEACE COIN?
Use Cases
Future Outlook
1
2
3
4
・・・・・03
・・・・・05
・・・・・11
・・・・・18

©2024 by PEACE COIN PROTOCOL FOUNDATION MTÜ 03
Introduction
1

Shifting from a system of wealth concentration to one of circulation,
where money ﬂows towards empathetic causes, leads to a diverse and prosperous society.
The Beginning of PEACE COIN
Realizing a Rich Society that Embraces Diversity
In our capitalist society, it's evident that the economic
growth rate is lower than the rate of capital returns, leading
to an ongoing expansion of wealth inequality.
Even with Bitcoin, the philosophy of not allowing centralized
control of wealth hasn't been realized. A new system is needed
where wealth is smoothly distributed and circulated.
04
①Introduction
Global Social Issues
Wealth Gap Continues to
Widen in Todayʼs World
We live by the principles of equality in a capitalist society.
However, society encompasses not only economic values
measurable by money but also intangible yet crucial values
such as kindness and honesty. By increasing Social Capital
and promoting its circulation, we believe we can create a
society that is not just equal but fair.
PEACE COIN Aims for…
Achieving a Fair Society

What is PEACE COIN?
2

Concept of PEACE COIN
Money Exclusively for Social Good
06
② What is PEACE COIN?
PEACE COIN is Ideal for Circulating
the Surplus Economy
For example, initiatives like reducing local food waste through local production
and consumption can have a signiﬁcant impact if they spread worldwide.
*Reference: WWF “DRIVEN TO WASTE: GLOBAL FOOD LOSS ON FARMS” (July 2021)
Social Good refers to activities, services, and products that have
a positive impact on society, including the global environment
and local communities. PEACE COIN is the ideal currency for
these transactions.
PEACE COIN is characterized by two key features:
・
It increases when used (increment)
・
It cannot be hoarded (decrement)
The primary objective of PEACE COIN is not to accumulate
wealth but to encourage spending. It increases when used and
gradually decreases when not used, making it easier to pay extra
for things that resonate emotionally.
For example, PEACE COIN can be used to address issues like
food waste (over 2.5 billion tons, more than 40% of what is culti-
vated and produced globally, is discarded) and activities that pro-
tect nature, which is the foundation of life. PEACE COIN system
is eﬀectively utilized in these areas.

What PEACE COIN Solves
Promoting Social Capital circulation
for enhanced Societal Sustainability
07
PEACE COIN is more suitable
for economic circulation
When highly preservative money like Fiat Currency is
replaced by highly liquid money like PEACE COIN, Social
Capital (trust relationships) that previously went unrecognized
as a value becomes more easily evaluated and, as a result,
becomes visible.
In a society where Social Capital is visualized and circulates,
interactions that we want to cherish with those close to us,
such as "thank you" and "you're welcome," naturally increase.
Additionally, this shift draws attention to issues that could not
be addressed in a society where economic consensus was
prioritized. This visualization directs people's interest to
areas requiring long-term perspectives and to everyday
minor troubles, leading to a more sustainable society.
Fiat Currency
Designed to be saved
PEACE COIN
Designed to be spent
・Prone to concentration of wealth
・Suited for eﬃciency
・Loyalty points, Cryptocurrencies,
and Regional Currencies are
operated on the same principles
・Wealth is distributed
・Suited to deepen relationship
・Formation and visualization of
community-speciﬁc values and
culture

Features of PEACE COIN (1)
Achieving an Economic System of Circulation:
Circulation Velocity reaches 9.5 times
that of USD
08
Velocity of Money
USD
JPY
EUR
0.5000
0.0000
1980 2020
2010
2000
1990
1.0000
1.5000
2.0000
When examining economic indicators of various countries, con-
sidering the "Velocity of Circulation" in addition to GDP reveals
the extent to which people are accessing services and holding
jobs (roles and places in society).
A higher velocity indicates that more money is circulating
within the community, suggesting that wealth is being more
smoothly distributed.
Therefore, not only GDP (total transaction volume for PEACE
COIN) but also the velocity—calculated by dividing GDP by M2*
in that country or region—is an important indicator.
＊M2 (Money Supply) is the total value of cash currency and deposits in banks and other ﬁnancial
institutions.
Velocity of Fiat Currencies and PEACE COIN (2023)
USD
EURO
JPY
PEACE COIN
1.33
1.06
0.37
12.86
(GDP $27.9T ÷ M2 $20.8T)
(GDP $17.8T ÷ M2 $16.7T)
(GDP $4.2T ÷ M2 $11.1T)
(Total Transaction 9,798.3M ÷ Total Issuance762.1M)
Reference: (GDP)
Estimates of GDP (15 Feb. 2024)
(M2) CEIC Data- Internet Securities Inc., Money Supply M2
US: Bureau of Economic Analysis, 2023 4Q 2nd Estimate
EU: IMF World Economic Outlook Database (Dec. 2023 GDP)
JP: Economic and Social Research Institute, Quarterly
Fisherʼs Equation of Exchange MV=PT
M (Money Supply)
V (Velocity of Circulation)
P (Price of Goods and Services)
T (Transaction Volumes)

Measure previously unquantifiable values with
“Unpaid-Degree”
09
PEACE COIN has established a unique metric called "Un-
paid-Degree" to measure previously unseen value.
The messages attached to PEACE COIN are classified into 5
levels of “Unpaid-Degree.” Activities in areas that have not
been visualized in the past, such as volunteer work, household
labor, expressions of gratitude and support are classified as
"highly-unpaid." Activities in areas with high market substi-
tutability are classified as "lower-unpaid".
Actions with high Unpaid-Degrees represent previously under-
valued actions, including Social Capital. By visualizing these
activities, we can assign value to them.
Out of a total of 10,593,108,879 transactions (as of the end of
2023), 94.27% fall into Unpaid-Degree 3 to 5. This demonstrates
the ability to visualize everyday Social Capital that had been
overlooked.
Unquantifiable Values
High Capital Substitutability
Services paid with Fiat Currency;
Restaurants, Taxi, etc.
Services paid with Community Currency;
Restaurants, Taxi, etc.
Non-professional Services paid with
Community Currency; Restaurants, Taxi, etc.
Low
1
2
3
4
5
High
Unpaid-Degree
Volunteer work, Housework,
Childcare, Caregiving, etc.
Concern, Thanks, Cheering, Greetings, etc.

The key feature of PEACE COIN is "ARIGATO CREATION."
With ARIGATO CREATION, every time tokens (money) are used, the circula-
tion of tokens increases. This is because when a token transfer occurs, new
tokens are granted to the sender of the tokens. The amount of increase varies
based on factors such as the ratio of consumed tokens to held tokens and the
previously mentioned Unpaid-Degree.
This decentralized system, where tokens increase for anyone holding PEACE
COIN with each transaction, may not have the same immediate impact as the
credit creation* of Fiat Currencies, but it has a significant cumulative impact.
＊Credit creation is the mechanism by which money is generated when someone takes a loan from financial institutions.
Debt presumes market growth.
If PEACE COIN is not used, tokens gradually decrease. The coexistence of
increase and decrease within the same algorithm helps suppress inflation.
With these features, PEACE COIN functions even in markets not premised on
growth and contributes to solving social issues that have previously been
unsolvable.
The Algorithm of PEACE COIN:
The more you use, the more it increases

Use Cases
3

At Somic Group, a global auto parts manufacturer operating in seven countries worldwide with purpose-driven management, Somic Coin
(PEACE COIN) is implemented as part of a training program aimed at shifting away from industrial working practices, nurturing a sense
of sustainability towards the Earth and nature. Additionally, recognizing the dangers of greenwashing, the company is engaged in "Forest
Health Management Activities" aimed at contributing to competitive advantage in environmental policies, sowing the seeds of new
businesses, and developing the talent to realize these initiatives.
●Purpose and Vision
Hold an event called "Kotomarché" to step away from the principles of capital and
markets and experiment with creating a "circulatory space" where transactions are
based on experiences and spaces that bring joy to both the giver and the receiver.
＜Group's Purpose & Identity＞
Building a future where smiles thrive:
・
Do we want to leave today's society to our children?
・
Consider if resources, economy, and even our way of working were all borrowed
from the future.
・
It's the responsibility of companies to leave behind good things for the next gener
ation to live and thrive with smiles.
Transforming and Creating in Manufacturing:
・
Evolve into companies that revolutionize the essence of manufacturing, creating
a new paradigm for the industry.
・
Break away from the values of modern society and evolve from simply producing
goods to more creatively oriented entities.
● Initiatives
・
Exchange Somic Coin earned through activities in the forest for dishes and sweets
made from locally grown vegetables by community partners.
・
Conduct transactions using paper-based "Somic Coin" backed by cash, allowing for
messages on the backside.
・
Utilize Somic Coins in herb gardens and coworking spaces.
Use Case①: Corporate-Initiated Model
③Use Cases
Somic Coin
Kicoro Forest Highlights Walking Tour
Herbal Tea Oﬀering
Mini Lecture on Forests
Essential Oil Workshop
Leaﬂet,
Commemorative Pen, Somic Coin

Corporate-Initiated Model
●Corporate Commitment
・
Sell products derived from the forest.
・
Eﬀorts to address wildlife damage issues.
(Process and sell deer meat and fur, etc.)
・
Host local market events in the town.
・
Collaborate with neighboring communities.
●Challenges for Visualizing Activities
・
By continuing activities in the forest, the time
spent in the forest increases. A scale is needed
to measure the amount of time people spend in
the forest.
・
Track the transaction volume of Somic Coin
awarded for forest regeneration activities.
・
Monitor the transaction volume generated from
the exchange of Somic Coin with food from local
partners.
Use Case①: Corporate-Initiated Model
③Use Cases
Future Development in This Model
Users
(Employees and Local Residents)
＊Ideally, they also serve as partners.
Promoting Purpose-Driven
Management through Training
and Forest Visits
Earn Tokens by actions aligned
with the purpose and exchange for
socially good products and services
Exchange partially
PEACE COIN
Wallet App.
Community Token
Fiat Currency
Company Partner Organizations
Allocate budget
as training expenses
・Sale of goods
-Naturally grown crops
-Game meat
-Handmade products
・Collaboration with other
Community Currencies

KUMAGAYA COIN (PEACE COIN) was introduced as a community currency within a community primarily comprised of local businesses
and organizations. The aim is to valorize initiatives that have not been visualized before, such as agricultural support involving people
with disabilities and support for community kitchens for children across all elementary school districts in Kumagaya City. By utilizing the
resources within this community, unique initiatives are being developed to revitalize activities and strive for a sustainable community.
●Purpose and Vision
・
Create places where everyone can feel safe and secure
-Aim to ensure that no child or family faces hardship, such as
children returning to school after summer break malnourished.
・
Achieve sustainable living in the Watershed Economic Zone
surrounding Kumagaya, from mountains to the ocean
-Acquire abandoned farmland and support agricultural activities
for people with disabilities, aiming for farmland restoration.
-Maintain farmland to prevent it from becoming abandoned.
-Restore farmland aﬀected by continuous cropping of green
onions, a local specialty.
● Past Activities
・
Conducted KUMAGAYA COIN trial sessions and Kumagaya
Republic events.
・
Explored the application of DAO (Decentralized Autonomous
Organization) within the Kumagaya Republic.
・
Sorted out resources (goods, skills, etc.) that can be utilized
with KUMAGAYA COIN.
Use Case②: Community-Initiated Model
③Use Cases
KUMAGAYA COIN
Partner companies' visit
for leafy vegetable cultivation
KUMAGAYA COIN demonstration event held in March 2024
Community Kitchens for children in all elementary
school districts of Kumagaya City
Harvest experience

Use Case②: Community-Initiated Model ③Use Cases
Regional Community-Initiated Model
●Community Commitment
・
Support for operators of community kitchens
for children in Kumagaya City.
・
Solicit for donations through crowdfunding
and other means by the digital passport hold-
ers of the Republic of Kumagaya.
・
Continuous events in the Republic of Kum-
agaya
●Challenges for Visualizing Activities
・
Collaborate with “Pochi Pass,” a support
system for disability welfare service facilities,
to track the steps of individuals working in
facilities operated by companies in Kumagaya
City. These steps will be converted into tokens
that can be exchanged for healthy, locally
sourced goods, promoting physical well-being.
・
Address the societal challenge of reducing
food loss by providing surplus food to organi-
zations in need, such as community kitchens,
and verifying the effectiveness of these efforts.
Users
＊Some make donations in Fiat Currency,
while others contribute through their activities.
Exchange partially
PEACE COIN
Wallet App.
IT
administrator
Donation
custodian
Regional
Community
Partner Organizations
(Community Kitchens for Children etc.)
Community Token
Fiat Currency
・
Providing meals
・
Securing a place for children to stay
・
Acquiring full-time personnel and
funding to operate community
kitchens
・
Collaborating with partner
companies
・
Gathering resources to offer
non-monetary benefits
Future Development in This Model

Insights from Various Use Cases
Tips for Implementing PEACE COIN
in your Community
16
③Use Cases
Looking at past use cases, we can see that integrating a partial
exchange model between PEACE COIN and Fiat Currency enables a
faster establishment of communities.
Additionally, ﬁve key elements have emerged as crucial for sustaining
these communities:
A community with carefully crafted concepts, purposes,
and goals.
A suﬃcient amount of accessible services and goods
within the community.
The formation of community culture by providing socially
good services and goods.
The expansion of the community by attracting users who
support activities not adequately valued by Fiat Currency.
Cultivating an awareness among all community members that
they are not only consumers but also actively involved as
suppliers within the community.
Based on these insights, communities are beginning to progress
towards achieving their individual ideals and goals.
1
2
3
4
5

Usage Data of PEACE COIN
③ Use Cases
Green: Countries and Regions where PEACE COIN has been used
22
Countries
PEACE COIN is currently being used
in 22 countries and regions across
Europe, Africa, Asia, North and
South America. We expect its global
usage to continue expanding.
103
Communities
The number of regions and commu-
nities using PEACE COIN has
increased by three since last year. In
addition to being used as a currency
to stimulate activities in areas such
as clothing, housing, environment,
education, and energy, there is also
a trend of utilizing PEACE COIN as a
governance tool and a consensus
indicator.
73.8
Transaction Amount
in 2023
B
PCE
As of December 2023, PEACE COIN
had 292 MAU and 1,124 transac-
tions. The 30-day moving average of
DAU at the end of the same month
was 31.8. The monthly transaction
volume for 2023 ranged from 500
million PCE to 800 million PCE,
indicating continuous usage.
0.0251
Market Price
USDT
PEACE COIN is listed on LBank
Exchange, and is traded with the
pegged currency USDT.
The 2023 high was temporarily
0.0291USDT, driven by an increase
in DAU, but it stabilized between
0.0120 and 0.0122 USDT from
February to November.
＊closing price on Dec. 31
Japan
Korea
Portugal
Estonia
Finland
Germany
France
Cambodia
Myanmar
Indonesia
Nepal
Singapore
Taiwan
Hong Kong
U.S.A.
Mexico
Brazil
Spain
Italia
Tanzania
Vietnam
Philippines

Future Outlook
4

Future of PEACE COIN (1)
④ Future Outlook
Promoting Local Food Consumption
through the Circulation of Social Capital
Since modern times, primary industries and food production have concentrated in
regions with lower labor costs, tend to solidifying these occupations as low-in-
come jobs even in developed countries. Concerns arise regarding the negative
environmental impact of concentrated agriculture, such as soil degradation and
long-distance transportation. Decentralized and sustainable production prac-
tices are crucial for primary industries due to the essential nature of food and
its potential threat to food security.
Leveraging its convertibility to Fiat Currency and characteristics that pro-
mote circulation, PEACE COIN aims to promote local production and con-
sumption, aspiring to create a "glocal"* society.
The development of new communities where everyone collectively cultivates food
and experiences the beneﬁts of nature through food holds signiﬁcant potential. It
enables social participation across all age groups, fosters a society where Social
Capital and food circulate, creates connections between regions through food,
and contributes to the establishment of a sustainable society.
＊"Glocal" is a portmanteau of "global" and "local," implying thinking globally and acting locally.

Future of PEACE COIN (2)
As a Common Protocol for Impact Metrics
20
④ Future Outlook
For socially conscious investors and consumers, impact metrics
and ESG criteria are valuable tools for evaluating corporate activ-
ities addressing issues such as climate change, educational
disparities, and poverty. However, there is currently a challenge
in that individual metrics are set for each theme, lacking a uniﬁed
metric to evaluate multiple themes cross-sectionally.
PEACE COIN is a design protocol that assumes circulation-
based evaluation within communities, allowing for utilization
across multiple themes and communities.
Moreover, the increase and decrease rates of localized tokens
can be customized to match each community's needs. This
enables stakeholders to evaluate their autonomous improvements
and can be used as a governance tool, serving as a common
metric for measuring across various themes.
Thus, instead of relying on externally imposed metrics, PEACE
COIN eﬀectively measures activities aimed at sustainably
improving one's own community, and we are progressing in veri-
fying this approach.
Highly Divergent
Individual Indicators
Common Metrics by
PEACE COIN Protocol
＊Structured but large discrepancy from the complex reality of society

VISION of PEACE COIN
Realizing a Rich Society
where Diversity is Embraced Mutually
21
④ Future Outlook
Despite the various challenges persisting in modern society, to progress
toward a more prosperous society, we need to expand our efforts beyond
economic growth and material wealth to areas that cannot be measured by
conventional standards.
This entails not neglecting the important people and things in our daily
lives. In the formation of a rich society that appreciates each other's
values, we believe that creating a decentralized system driven by the
autonomy of community participants, rather than relying on uniform mea-
sures, is effective.
Through initiatives that highlight the power of mutual assistance, such as
Social Capital, PEACE COIN can play a crucial role in advancing beyond
the current capitalist system to a "New Capitalism." As introduced in this
report, with the increase of specific activities, we will move one step
closer to realizing a diverse and prosperous society that embraces each
other's differences.

https://peace-coin.org
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