Modular Economy

World First Network Society – A Smart Life Re-imagined

Alternative SMART Economy

Monomy, abbreviation from ‘Modular Economy,’ is a pioneering Smart Economic system built on top of Blockchain technology. Its primary objective is to ensure the fundamental survival needs of every resident within a specific community. At the core of this system is the Distributed Income model, designed to foster an inclusive economy that guarantees the sustainability of every individuals, with particular emphasis on those with special needs, including disabilities, and secure an ample provision of necessities during their retirement years.

No Poverty, No Violence, No Waste

In pursuit of self-sufficiency, each module will encourage its residents  to actively engage and leverage their specific skill sets, encompassing traditional roles such as agriculture, poultry, and fisheries, as well as contemporary vocations like education, software development, and entertainment. Every citizen is expected to uphold a foundational ethos, encompassing the principles of truth, goodness, and utility – for themselves, others, and the environment. Non-compliance with this ethos will result in disqualification from the benefits of the system.

Sustainable Development Growth

The Modular Economy aspires to serve as a global haven, fostering a sense of harmony and coexistence for people from diverse backgrounds, with the ultimate aim of achieving human unity. Each module will adhere to the United Nations’ United Nation’s Sustainable Development Growth initiative, acting as a central hub for individuals with a shared desire to instigate constructive transformation in the world, transcending the sole pursuit of monetary gains, and embodying the adage ‘be the change you wish to see in the world.

Whats Wrong With Our Current System?

Features & Philosophy

The concept of Economic Modularity revolves around the construction of each module based on a universal blueprint template. This approach ensures that public facilities established in one module are mirrored across all others, guaranteeing that all residents, irrespective of their location, have equal access to the same amenities, free from discrimination.

Here are a few illustrative examples of our distinctive facilities. We welcome you to participate in our community and contribute your ideas as an engaged citizen.

Distributed Income System

Financial transactions happening in a particular module will be performed openly via virtual payments in a private network blockchain. This will ensure financial transparency, and avoid corruptions. All of its transaction will have a 10% platform fee, which will be gathered, and be equally distributed back to every citizen living in said module.

Self Sufficient Modules

Every module will be self-sufficient, and accommodates individuals with special needs, seniors, and neglected children (orphans) to work together in modules, whether in farming, fisheries or other technical jobs, to help each other, be the pioneers of the cooperative modular economic system.

Bench Buddies

Occupations within a module will be prioritized for special individuals. Elderly citizen who is no longer capable of performing hard physical labor, are then advised to become Bench Buddies, where they can become mentor / counsel / listening ear for younger individuals whenever they need an encouragement, or a listening ear. Read more about the concept here : https://odb.org/2020/01/27/friendship-bench/

Time Banks

The only banking system introduced to our modules are time banks, where one can invest an hour of his time serving other people. In return, said person can reimburse his contributed time for other people to perform tasks for him. You can read the underlaying principles here : https://timebanks.org/

  • NIB : 1003220009914
  • UEN : 53392304B
  • Patent : JID2019066600
  • Virtual Money : 17/2385/DKSP (via DOKU)

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