O International - The World's First Water Price-Based Stablecoin
A cryptocurrency system with 142 global currencies, designed to provide stable, universal money for all humanity. O International is a French nonprofit association dedicated to building a water price-based stable cryptocurrency.
Key Features of O Blockchain
Water Price-Based: 1 O equals the average price of 1 liter of water in each currency. Prices measured by bots and randomly picked users in real time, online and offline.
142 Global Currencies: O_USD, O_EUR, O_JPY, and 139 more. One O currency for each national currency covering 195+ countries globally.
Water Price Peg: Each O currency equals 1 liter of water price in its local market. Exchange rates reflect water price ratios. Stability doesn't depend on human trust!
Incentive-Based Stability: Economic incentives through coin creation and dilution force actors to maintain water price-based exchange rates provided by the blockchain.
Unlimited Supply: Not backed by water or any limited resource - calibrated to water price only. Can scale to serve all humanity. Value tied to water price measurement (constant), not scarcity.
Decentralized: Built on Bitcoin Core. No central authority. Community governance. Open source MIT licensed.
How O Blockchain Works
Step 1 - Water Price Measurement & Exchange Rate: Blockchain sends invitations to randomly selected verified users worldwide to measure bottled water prices (0.9-1.1 liter containers) in their local fiat currency along with online bots. Data is captured online through URL or offline with pictures and GPS proof, then validated by human users. The Gaussian average of measurements establishes each O currency's value: if water costs $1.50/L in USD, then 1 O_USD = $1.50. Cross-currency rates are calculated from these values.
Step 2 - Stability Monitoring: Users and online bots are invited to measure the actual exchange rate between O currency and fiat currency (when available). The system compares these observed rates with the theoretical rates from water price measurements. To be stable, the observed exchange rate should equal the measured water price.
Step 3 - Stabilization Through Economic Incentives: When market exchange rates deviate from the theoretical rates (which are the measured water prices), new coins are created and given to stable currency users, diluting unstable currencies. This creates economic pressure to maintain the water price peg. Core principle: the offender's sanction is the reward of the offended.
Step 4 - Mining Rewards: Miners who secure the blockchain receive 700 O coins per block as a reward. This provides the security foundation for the entire system.
Step 5 - Repeat Cycle: The measurement and stabilization process repeats continuously, ensuring each O currency maintains its water price peg through automatic economic incentives.
Global Benefits
Universal Basic Income
O Coin's water price-based stability and unlimited supply could theoretically support Universal Basic Income. By pegging to a basic human need rather than fiat currency, it could provide equal purchasing power globally without inflation. Key benefits include stability based on basic need (water), equal purchasing power for everyone, unlimited supply without debt, and community-governed implementation.
Immigration Impact - Addressing Economic Migration
If UBI were implemented with O Coin, it could theoretically reduce mass immigration by addressing the root cause: economic desperation. By providing economic stability everywhere, people could build prosperity in their home countries. This could lead to economic stability in all countries, reduced incentive for economic migration, local economic development enabled, and potential reverse migration.
Climate Solution - Unlimited Debt-Free Climate Funding
O Coin's unlimited supply could theoretically fund massive climate restoration without debt. Traditional economics can't fund planetary cleanup (no ROI). O Coin could change this by creating money specifically for environmental restoration. Benefits include unlimited funding without creditors, reforestation, ocean cleanup, renewables, local production reduces transportation, and no financial return needed.
About O International
O is an "association de loi 1901", a French nonprofit association based in Côte-d'Or, France. It was created in September 2022 by Christophe Normand and Michel Inacio. Our mission is to design, program, and promote a stable digital coin based on potable water price. Our main source of financing comes from donations from individuals.
Frequently Asked Questions
What is O Blockchain? The O coin is a stable coin based on potable water price, defined as the average value to buy one liter of potable water individually. To avoid entering into the volatile system of supply and demand, the O coin isn't backed by any physical asset allowing unlimited supply and avoiding inventory/price manipulation.
What are the benefits of a water based stable coin? The benefits of a water based currency are huge because its value and stability don't depend on human trust or confidence but on the value of basic human necessities. The coin can be unlimited because it is not backed up by physical assets but based on calibration and real-time user observations.
Is the O coin open source? Yes, the O coin is an open source project for a peer to peer blockchain that doesn't rely on any central authority and with no ownership other than its believers.
Contact: Email support@o.international | GitHub: https://github.com/cno127/o-blockchain | YouTube: https://www.youtube.com/@OInternational | LinkedIn: https://www.linkedin.com/company/o-international
Keywords: O coin, O blockchain, water-based stablecoin, cryptocurrency, universal basic income, UBI, climate finance, stable digital currency, decentralized money, 142 currencies, bitcoin fork, water price peg, economic stability, French nonprofit, open source blockchain, MIT license
