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Monetary System

Learn about the anatomy of the Kolektivo Monetary System

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Last updated 2 years ago

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The Kolektivo Monetary System is a back-end constellation of diverse smart contracts aiming to create locally governed community currencies backed by natural assets in addition to already-existing cryptocurrencies.

MVP Monetary System Schematic

In the context of the Kolektivo MVP released at the end of April 2023, not every primitive of the monetary system has been released. This Minimum Viable monetary system entails a local Reserve as well as an instance of Mento. For more details, see the below schematic.

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The Monetary System of the Kolektivo MVP.