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About Neco


We have launched the Neco project to address global challenges like debt, poverty and climate change. Our objective is to create a better future for all living beings on Earth. We believe that the major issues of our times are either caused by the financial system, or could be solved by a better one. Instead of trying to fix the existing system, we have designed a new, sustainable system that supports the PPP principle - people, planet and profit. We have created a stable currency to provide the funding for global solutions to our ecological, social and economic problems. This new and improved system is managed democratically by a decentralized collective organization.


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Features


The Neco Currency


Stable

No inflation. Low volatility.

Secure

Backed by a reserve. Protected against bankruptcy.

Free

No banking fees. No interest.


The Necosystem


Positive money

No debt. Funding for good causes.

Universal Basic Income

Receive monthly basic income. Available for all users unconditionally.

Climate Action

All users have a vote. Decision-making using collective intelligence.


Our organization


Our values

Equality. Sustainability. Diversity. Sufficiency. Solidarity. Transparency. Stability.

Decentralized

No hierarchies. Separation of power.

Collective

All users have a vote. Decision-making using collective intelligence.

Our Values


Our values and a strong ethical code are an integral part of our organization. We have taken inspiration from various constitutions, legal frameworks and international agreements and compacted this wisdom into the DNA of our organization. The Neocracy is built upon the democratic cooperative business model rather than the capitalistic shareholder model. Our seven core values are: equality, sustainability, diversity, sufficiency, solidarity, transparency and stability. These values are enshrined in the Neco Constitution and cover all three parts of the triple bottom line (TBL) - ecological, social and economical. It supports the PPP principle for people, planet and profit.

Values

Comparison


We have designed Neco to overcome the flaws of our existing currency systems (so-called “fiat currencies” like dollars, euros, pounds, pesos) and the growing cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.). The following comparison highlights some of the main differences between Neco and these other currency systems.

Currency

Benchmark

Neco

Stablecoin

Euro

Fiat Currency

Bitcoin

Cryptocurrency

Fees & costs Free of charge Banking fees Transaction fees
Long-term value Increases Decreases Fluctuates
Stability Stable Inflationary Speculative
Volatility Low Medium High
Reserves Fractional reserve No reserves No reserves
Acceptance Global Eurozone only Global
Money creation Collective (decentralized) Banks, Central banks (centralized) Miners (decentralized)
Type of money Positive money (credit) Negative money (debt) Neutral
Financial bottom line (profit) Positive (no debt, no fees) Negative (debt, fees) Negative (since 2018)
Social bottom line (people) Positive (universal basic income) Negative (poverty, inequality) Rather negative (inequality)
Ecological bottom line (Planet) Positive (reforestation, recycling) Negative (environmental destruction, waste) Negative (massive carbon footprint)
Decision-making Collective (user community) & direct democratic Centralized (council) & non-democratic Decentralized (miners & developers) & democratic
Organization structure Non-hierarchical Hierarchical Non-hierarchical
Separation of power Yes (executive, legislative, judicial) No No
Values Equality, Sustainability, Diversity, Sufficiency,
Solidarity, Transparency, Stability
Stability None
Type of organization Decentralized collective organization Independent government authority Decentralized autonomous organization

Roadmap


Building a sustainable financial system takes time. The Neco project is currently in the prototype phase. During this phase, private crowdfunding is used to finance the initial development of the Neco platform, consisting of the Neco app and our Stackchain technology. For our private sales investors and prototype users, we offer basic features through our prototype platform.

Neco will go public in 2021. During the rollout phase, the project will be financed through multiple series of public crowdfunding, primarily through three Initial Coin Offerings (ICO):

  • Neco ICO (2021)
  • Stackchain ICO (2022)
  • Collexa ICO (2023)

The purpose of each ICO is to raise funding for the development of the respective technology and subsequently commence the sale of the token.

roadmap

This seems exciting?   Register with Neco now.


After your registration, you can


  • Buy Neco tokens and profit from a stable currency that serves the common good
  • Apply for Neco’s universal basic income (UBI) program
  • Offset your carbon footprint through our Carbon Freetax program
  • Earn Karma tokens for supporting our cause financially, by volunteering or by referring others
  • Apply for a role in the Neocracy, our decentralized collective organization

Register