Foundation Coin for AI Infrastructure

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Foundation Coin for AI Infrastructure

Inspired by a conversation on:

The Cognitive Revolution

The Cognitive Revolution

The Machines Are Taking Our Jobs - Thank God? Emad Mostaque’s Guide to the next 1000 Days

Host: Erik Torenberg, Nathan Labenz

Timestamp: 01:50:09 - 01:50:39

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Feather Flow

Direct Quote

"Let's create a version of Bitcoin, which is mined by national champions owned by countries everywhere, maintaining the ledger, as a new type of money."

Market Gap

Current monetary systems fail to reflect the digital economy and AI advancements.

The existing monetary systems are mainly based on debt and do not adequately represent the value created in the digital economy, especially with the rise of AI. With the increasing reliance on AI for various economic activities, there is a need for a new currency that reflects the contributions of AI and the digital economy while ensuring equitable access to AI resources. Traditional monetary systems are not designed to capture the value of non-rivalrous digital goods and AI-generated wealth, leading to an imbalance in wealth distribution. A new currency system could address these issues by linking the value of money to the societal benefits generated by AI.

Summary

The idea is to develop a cryptocurrency called Foundation Coin that is backed by the collective contributions of individuals to AI infrastructure, particularly in healthcare, education, and community services. This coin would be mined by national champions in each country, ensuring that the currency is owned collectively by the people. The revenues generated from the coin would be used to fund free access to AI services for all citizens, thereby democratizing access to technology and ensuring that society benefits from AI advancements. This model would help shift the focus from profit-driven motives to community-focused benefits, aligning incentives with societal welfare.

Categorization

Business Model
Cryptocurrency
Target Founder
Generalist
Difficulty
High
Time to Revenue
> 1 year
Initial Investment
> $10,000

Potential MRR (18-24 months)

Conservative
$10,000 - $20,000 MRR
Moderate (Most Likely)
$50,000 - $100,000 MRR
Optimistic
$200,000 - $500,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
9/10
Novelty
8/10
Feasibility
5/10
Market Potential
9/10
Evidence
7/10
Overall
7.6/10
Found on September 28, 2025 • Analyzed on September 28, 2025 3:48 PM

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How should I validate this cryptocurrency idea before building it?

2:34 PM

Great question! For a cryptocurrency idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Generalist to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your high difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and > 1 year, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
  • Consider your technical background and available > $10,000
  • Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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Similar Ideas

Universal AI Access Platform

The proposed business idea is to create a platform that provides universal access to AI resources and tools, funded through a new form of digital currency. This platform would operate under a collective ownership model, ensuring that the benefits of AI technologies are shared among all users. By establishing national champions in each country that manage these platforms, the initiative aims to stack computational power to deliver high-quality AI services to individuals and communities. The platform's goal would be to empower people by providing them with the tools they need to thrive in an increasingly automated world, ensuring that AI serves the public good rather than just corporate interests.