A Protocol for Mutual Credit Networks

Increasing prosperity for businesses and freelancers by enabling commerce without cash

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Features of a ReSource Economy

Endogenous stable coins

New class of stable coin that arises when businesses use their credit lines to trade

Trust-backed economy

Credit is issued without external capital from lenders; instead businesses agree to pay back by selling their goods/services

Novel financial primitive

New token standard features a negative balance wallet, enabling creditworthy businesses to start spending immediately

Distributed underwriting

Skilled underwriters stake governance tokens to validate business credit lines and earn fees

On-chain ReSource credit score

Diverse creditworthiness data sources

Oracles provide FICO credit scores, bank statements, accounting software APIs, & marketplace reviews

Cryptographic Financial Inclusion

Providing business owners a new way for building credit and a gateway into crypto.

Credit that expands dynamically

Credit lines increase based on transaction history, reputation, and optional collateral.

Features of a ReSource Economy

Businesses

  • Earn Mu for making trades via transaction mining

Underwriters

  • Stake Mu to underwrite credit lines, Earn transaction fees, Slashed for defaults
  • Distributes risk and enforces prudent lending

Ambassadors

  • Stake Mu to onboard businesses and help them make transaction
  • Earn transaction fees. Slashed for defaults
  • To replace referrers

Delegators

  • Delegate stake to reputable underwriter groups

Network Entrepreneurs

  • Stake Mu to launch new networks using their own stable unit of account
  • Earn transaction fees by creating an economy

Developers / Integrations

  • Develop custom interfaces, algorithms, and services
  • Earn Mu and/or transaction fees
Partners
Advisors

Bill Melton

Founder of

Verifone

Advisor at

Jim Aviles

Founder of

Avigo

Advisor at

BitPay

Galia Benartzi

Founder of

Bancor

Advisor at

Luis Silva

Founder of

Cloudwalk

Advisor at

Ryan Berkun

Founder of

Teller

Advisor at