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Title: The Social Smart Contract
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=The Social Smart Contract.=
An Initial Rights Offering from [http://democracy.earth Democracy Earth Foundation].
In a world that has succeeded in the globalization of financial assets while keeping political rights enclosed to territories, we need to build new models of democratic governance that enable humanity to collaborate and address pressing global issues. Democracy Earth Foundation is building free, open source software for incorruptible blockchain-based decision-making (voting) within institutions of all sizes, from the most local involving two people to the most global involving all of us. Uneven distribution of opportunity around the globe due to the perpetual confrontation between national governments has led to accelerated climate change, rising inequality, terrorism and forced migrations. Democracy Earth Foundation considers that the technology stack that includes Bitcoin as programmable money without Central Banks, and Ethereum enabling smart contracts without the need of Judiciary Courts, requires a new layer that signals incorruptible votes beyond the territorial boundaries of Nation-States. This transnational network will act in accordance with the personal sovereignty of its members and protect their human rights with encryption. In our Initial Rights Offering we offer a token called ''vote'' that will grant participation rights to every human with decision-making as its main function. Our proposal introduces cryptographically induced equality: as long as any person is able to validate his or her self-sovereign identity, they will receive a corresponding share of ''votes'' that is equal to the share of every active participant in the network. We define a ''Proof of Identity'' process that avoids central authority by introducing the concept of ''attention mining'' which incentivizes participants to strengthen the trust of ''votes'' by performing simple tests aimed at detecting replicants. Finally ''votes'' get dripped to valid participants under a ''Universal Basic Income'' mechanism with a goal of finding a proper equilibrium in the historical tension between money and politics. We seek nothing less than true democratic governance for the Internet age, one of the foundational building blocks of an achievable global peace and prosperity arising from an arc of technological innovations that will change what it means to be human on Earth.