1 EverGreenCoin (EGC) = $0.003307011 (USD)
Monday, October 14th, 2019 11:46:25 AM EST

Proof of Environment (PoE) Introduction

How PoE works


10   +   1   =  
 
EverGreenCoin Proof of Environment

Proof of Environment is a program from EverGreenCoin to: a) motivate individuals to do environmentally responsible tasks, and b) raise awareness of EverGreenCoin while doing so.

Proof of Environment is not a technical process: it is a human process that is positive for the environment. Everyone is welcome to participate, and there is no technical knowledge or special equipment required. All you need is a picture or video of an environmentally friendly task being completed (i.e. planting, trash clean-up, recycling, anything demonstrating responsible care for our planet) and an EverGreenCoin address for us to send your reward to at the end of that month. You also need to agree to the agreement so we have permission to use the image or video you submit for educational purposes.

A “work share” is any event, be it collecting trash on a stroll through the park, installing some new solar equipment, recycling, planting trees, or even potting a house plant! Click here to view previously accepted PoE work shares. You can submit as many work shares as you wish, but each must be a different event. For example: planting 500 trees at an event is not 500 work shares, it is a single one. However; you will be rewarded for that additional work and effort in the 3rd layer of that month’s PoE distribution by receiving a larger share of the month’s 3rd layer of the reward pool.

Every month 500 EGC are reserved as a reward pool for all accepted Proof of Environment entries to be paid from. EGC donations, via dynamic staking for charity and elsewhere, will also be collected to increase the reward pool during the month.

At the end of every month the reward pool is distributed to all accepted shares for that month. The reward pool is divided into three parts (aka “reward layers”), 20% / 20% / 60% and then tallied for every accepted work share as follows:

  • Layer 1: The first 20% of the reward pool is evenly divided between all accepted work shares.
  • Layer 2: The second 20% of the reward pool is evenly divided between all accepted work shares that display the EverGreenCoin name or logo
  • Layer 3: The remaining 60% of the reward pool is divided proportionately to the amount of effort, time, and quality of the submitted work share. This distribution is scored during our weekly public meeting the first Saturday of every month.

Don’t want rewarded directly?

Some people may not feel a reward is in order for doing something they feel is their love or duty. Community members who wish to not receive EGC of their own are invited to use an address of a current authorized effort. This way your reward will directly support one of our many worthy causes.

Teams

Community members are also invited to work in teams to collectively support causes and goals of their own. PoE team formation is not an endorsement by the EverGreenCoin Foundation, Inc.

See previously accepted PoE work shares here.

PoE reward pool EGC address: EWtVmSQbrR7ZTxBgykbPKpgJtL2JZuDt7T

This month's PoE reward pool current balance is 3548.73434548 EGC

Submit work share(s) here – Use a separate form for each work share you submit. Each accepted work share counts as one share of the month’s reward pool. Public scoring of third layer reward takes place in our discord server.

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Putting economics to work for our ecosystem

By possessing EverGreenCoin you become the backing of EverGreenCoin. Your support in doing so helps all of our initiatives. By mining (aka 'Staking') you help even more and are rewarded for your computational work. Participants and donors are free to trade or sell EGC on the secondary markets. EverGreenCoin Foundation, Inc. does not receive any profits or financial benefits from these or any sale or trade of EGC on the secondary markets.