Monetizing Value
For Values
The Promise of Tomorrow Begins Today.
Smarter by Design
Shakti Coin is world’s most practical cryptocurrency. That’s because it was designed to serve the needs of ordinary people. We’ve made it easy, immediate and inexpensive to use. It’s also based on a new protocol called Proof of Effort (PoE). PoE rewards parents, children, and communities that support education. In a very real sense, every Shakti Coin mined represents an investment in humanity’s intellectual capital. Now that’s smart money.
- Stable value
- Pegged to the USD
- New protocol
- Wallet-to-Wallet transfers
- Instant Settlement
- Democratized mining
- Legally compliant
- Negligible energy consumption
- Blockchain security
- Backed by global human capital
The Only Thing Missing is
Sovereign Money. For Our Children, By Us.
MINING
Discover Democratized Mining.
Our revolutionary new Proof of Effort (POE) protocol is bringing mining to the masses. We will soon be offering a limited number of mining slots per region on a first-come, first-served basis. If you would like to mine Shakti Coin sign up below.
HOW IT WORKS
Shakti Coin for Miners, Moms, & Merchants
Parent is paid for child's school attendance.
Parent makes effort to send child to school.
Miners are paid for verifying effort.
Verifiers get micro-payment to verify attendance.
Parent is paid for child's school attendance.
Parent makes effort to send child to school.
Miners are paid for verifying effort.
Verifiers get micro-payment to verify attendance.
CHILDREN
More Precious than Gold
Few resources on Earth are as scarce—or as powerful—as a fully developed human intellect. That’s one of the reasons the Shakti Foundation chose this extraordinary resource as the foundation for its global currency. We also recognize that children—the most precious blessings of humanity—represent the purest form of this potential. It’s no coincidence that our name, “Shakti,” is drawn from ancient Sanskrit, referring to the innate life-force and creative power present in all people.
Unlike other cryptocurrencies, Shakti Coin is not mined through computational achievement, but rather through human achievement in the advancement of education. We see this as the most direct way to help each person, and each community, achieve their true potential. The Shakti Project is a grassroots initiative—started by dedicated volunteer parents, educators, and blockchain enthusiasts who believe that currency can be a catalyst for social change.
But making that change will require a new kind of global currency—one that is easy, instant, and inexpensive to use. Help us make a difference. Help us make history. If you share our vision of what currency could be, we invite you to join us.
SHAKTI vs FIAT
It's simply better money.
Most fiat currencies work well for governments and financial institutions, a lot less well for the average person, and not at all for the 2 billion people who are “unbanked”. Shakti Coin is changing that with a global currency that works for all of us.
Money without Middlemen
Today’s centralized financial institutions contribute friction and fees. There is a better way.
Faster Transactions
Blockchain-based transactions with Shakti are instant and irreversible.
Hightened Security
Currency within the blockchain is protected from theft, counterfeiting, or doctoring.
Remittance Relief
Sending money can cost from 10- 20% and take forever. Shakti has instant transfers for less than the cost of a postage stamp.
Protecting your privacy
Centralized systems pool your data, making it vulnerable to theft and abuse. A distributed ledger avoids this risk.
No Transaction Too Small
The cost of using fiat currency makes small transactions unfeasible. Blockchain supports tiny transactions with ease.
No Exchange Rates
Exchange rates make moving money over borders unpredictable and costly. Not so with a global blockchain-based currency.
Made for Micro-Loans
Smart Shakti contracts on the blockchain make it just as easy to loan a dollar as it is a million.
HOW IT WORKS
Shakti Coin for Miners, Moms, & Merchants
Merchant is paid by Parents and Miners for goods and services.
Miner is paid for verifying transaction.
Supplier is paid by merchant for goods.
Miner is paid for verifying transaction.
Merchant is paid by Parents and Miners for goods and services.
Miner is paid for verifying transaction.
Supplier is paid by merchant for goods.
Miner is paid for verifying transaction.
HIGHLIGHTS
Money You Can Count On
stable value
The value of each Shakti Coin is pegged to the USD at $5.00 per coin.
NEW PROTOCOL
Revolutionary new protocol called Proof of Effort (POE) addresses many of the problems faced by first-generation cryptocurrencies.
MINED LOCALLY
Proximity-based mining means all validation of efforts and transactions is offered to local miners first.
LOW POWER
Validating a transaction or Proof of Effort requires about the same power as an email server.
EASY TO SEND
Wallet-to-Wallet transfers are made instantly to anywhere on Earth for a fee of less than 1%.
EASY TO LEND
Smart contracts on the Shakti Blockchain make for hassle-free, peer-to-peer microlending or investing.
EASY TO SPEND
We offer strong incentives to get merchants onboard globally.
COOPERATIVE MINING
Mining a Shakti Coin requires parents, children, spotters, and validators – each of whom is incentivize for their efforts.
