Neco is an eco currency designed for a better future of mankind! As a non-profit organization, we want to provide a free and transparent digital currency that is sourced and controlled by our community. Neco provides funding for common welfare such as education, healthcare, science, conservation, green technologies and generates universal basic income. We follow the example of Bhutan and measure prosperity by gauging our Community Happiness levels.
We create a sustainable global currency.
Our vision is to collectively develop a fair financial system that generates social, ecological and economical value.
We are committed to building a currency system that follows our core values:
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.
the eco currency
USD, EUR, GBP, YEN, etc
Bitcoin, Ethereum, Litecoin, etc
|Money created by||Everybody (crowd)||Banks & financial institutions||Mining groups|
|Regulated by||Everybody (crowd)||Government authorities||Unregulated|
|Motivation & Driver||Sustainability||Consumption||Consumption|
|Value||Resource-based||No real value||No real value|
|Inflation||Zero||2% or more||2% or more|
|Fees||No direct fees||Usage, transaction and conversion fees||Usage, transaction and conversion fees|
|Ease of Use||High (easy to use)||Medium (somewhat difficult)||Low (complicated)|
|Typically used for||Digital payments, long-term investments||Legal tender, speculation||Short-term speculation, illegal activities|
|Network & Trust||Trusted cloud computing network,
secured by crypto technology
|Centralized on-premise network||Untrusted, decentralized network,
secured by crypto technology (Blockchain)