What can CityCoins do for my city?
CityCoins create funding and an open-source ecosystem for folks to build apps and services for a city.
Because a city’s tokens are programmable, devs can create almost anything, from a voting app to accessing CityCoins-exclusive spaces. But “almost anything” is a daunting concept. For guidance, remember: CityCoins are designed to improve the wealth, health, and happiness of citizens.
Here are a few of our favorite ideas for how you can build on CityCoins to accomplish these things.
Improving a city’s wealth
In a CityCoins economy, a community can work together to become more financially resilient.
As businesses accept CityCoins as an additional form of payment, CityCoins can still be taxed like USD. Not only would it make CityCoins more useful, it would also give residents an intuitive and practical onboarding experience with crypto.
CityCoins-as-payment offers a new way for residents to spend their wealth—but how can CityCoins help grow it?
Building utility on CityCoins is valuable. The more useful they are, the more people will collect them. And the more CityCoins that are out there doing useful things, the more desirable, and thus more valuable, they can become. It’s a positive feedback loop.
Mayor Francis Suarez has taken it one step further: Miami will send the BTC yield (via STX earned to their city wallet from MiamiCoin) directly to citizens. This is just one way CityCoins can create wealth not just for governments, but for residents, too.
Measuring the happiness of a city
CityCoins can illuminate and empower the general happiness of a city’s populace.
Devs can create apps that allow people to use their coins to vote on their overall contentment level. These polls could be about specific questions like:
- How happy are we with our police force?
- How clean are our streets?
- How convenient is our public transit system?
Perhaps, for a small fee, you can add a comment that a city representative must acknowledge and then respond to. Upon acknowledgment and response, this fee could potentially be added to the city treasury or even allocated to fix the issue. This can act as both an incentive (increase city funding by responding to community concerns) and a force for accountability at City Hall.
Got a pothole on your street that rattles you every day on your daily commute? Use CityCoins to geotag it, bring it to the community’s attention, and guarantee a response from the city. If something shady is happening, citizens could pool their coins to fund an investigative journalism project.
Empowering a healthy city
How do we measure the health of a city? One way is to measure the average health of a city’s residents, then use that as a touchpoint to make city-wide health decisions.
CityCoins could provide a way to gather that data. Imagine if residents could volunteer anonymized health data collected by their fitness trackers and other devices to create a city-wide health dashboard. In exchange for sharing their data, they’d earn CityCoins. All that data gathered in one place could, at a glance, offer a sky-high (and anonymized, of course) snapshot of their city’s general health.
From there, a city could start nudging that metric upwards.
Perhaps you could reward people for adopting healthier habits like walking or cycling to work, or visiting a gym. You could have competitions where participants win tokens for getting more sleep at night, eating healthier, or routinely bumping their heart rate into a certain range.
Healthier people are generally happier, and they place less burden on medical systems. A city-wide health dashboard could also illuminate valuable insights on sickness outbreaks and the efficacy of the city’s healthcare system.
This health dashboard could be just one part of a larger set of dashboards that could measure a city’s vitals.
Expanding a city’s footprint
In many ways, CityCoins are a digital extension of a city’s physical boundaries. But a crypto city’s physical footprint doesn’t need to be tied to its city geography.
For example, a “proof-of-hodl” embassy for cities like Miami could be established anywhere. It could technically be Miami the same way that a traditional embassy abroad represents the soil of its respective country.
CityCoins benefit city governments directly, and unlock one of the world’s largest untapped marketplaces: city citizens.
What would you like CityCoins to do for your city?
Whether it’s a developer building an app for residents, neighbors lending a hand to people in their community, or a mayor trying to modernize their city—CityCoins can make it happen.
If you have an idea for how CityCoins can improve your city, nothing is stopping you from making it real. In fact, Stacks Accelerator and the CityCoins Community wants to help!
You can apply for the Stacks Accelerator × CityCoins track and receive funding, training, and a world-class team of advisors.
Apply before January 30th to be considered for:
- $50-100k in funding
- 3-months of world-class mentorship, and more
- Access to training, resources, and investor interviews