ACORNs on Telos are a fun and safe way to learn about Cryptocurrencies, Blockchains and the concept of Universal Basic Income

Welcome to ACORN the safe and fun learning tool for new users to quickly and easily get on the blockchain. Learn how everyone can get free daily tokens to access blockchain services including on-chain certification of blockchain skills at https://www.ACORNs.fun

ACORN is the brainchild of Fabiana Cecin, it is a fun experiment in Universal Basic Income (UBI). Using your account on the (truly remarkable) Telos Blockchain you can run the ACORNs Smart Contract which will allocate one new ACORN to you every day, for free! However, you don’t receive your ACORNs automatically, in order to actually receive your ACORNs you must use them.

You have to Spend to Receive 🙂

As each day passes your account will be able to claim one additional ACORN, purely for the reason that you exist as a human being, isn’t that the coolest thing ever invented?

It doesn’t just accumulate in your ACORN account though, oh no, you have to do a little bit of activity to get more ACORNs! The simplest way to get them is to just send some to somebody.

You can send any amount, one whole ACORN, the minimum of 0.0001 of an ACORN or all your ACORNs! The value is irrelevant it’s the action of sending an amount of ACORN which causes the smart contract to check how many days have elapsed since you last received any, and then instantly sends you the amount due.

Every time you use ACORNs, new acorns are made.

It really is a fascinating entry into using the Blockchain and cryptocurrencies. There is a sprinkling of advanced economic theory baked in, to keep your learning moving along and to challenge the existing social contract we have agreed to for ‘money’.

ACORN will soon have you thinking about how money systems work, where money comes from and alternatives that might be introduced in the future. ACORN is a completely new ‘economic engine’ that is totally separate from the existing monetary system.

There are two ways you can start receiving ACORNs, either

Run the Smart Contract twice over a period of two days, or

Someone else sends you some ACORN

Having completed one of the above steps and having added the ACORN token to your wallet as a new currency, you will be able to send and receive ACORNs and you will be allocated one new ACORN every day, for free, it is as simple as that!

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