Co-here Local Tokens

Co-here Local Tokens are a complementary currency for payments at participating merchants, located in villages, in regions, national or international. An automated incentive rewards spending tokens locally.

Complementary currencies work in addition to existing money, rather than replacing existing, official money. There are whole different families of complementary currencies. One of them is local currencies. One is regional currencies. Another is functional currencies. Another is social-purpose currencies.

Bernard Lietaer

Co-here in a nutshell

Localisation reduces the out-flow of economic value, repairing the ‘leaky bucket’, increasing the re-circulation of money through preference for local trade, mutual finance and investment. Boosting re-circulation even a small amount can have a virtuous ‘local multiplier effect’.

Co-here is all about cohesive economic resilience in communities through a localisation incentive, complementary currency, peer lending and prepaid subscriptions.

Co-here Local Tokens provide a way of payment in which the receiver will be incentivised to continue to spend it locally as well.

Local Tokens can be spent in other localities, regionally, nationally and even globally, but with a disincentive fee in outer localities and an incentive bonus to spend in an inner locality.

Local traders provide loyalty rewards and discount subscriptions to customers and re-circulate the currency. The last phase of Co-here roadmap is to facilitate community investment in co-operatives and social enterprises.

Read more about Why Co-here Local Tokens?


Local Token Circle-Diagram

Co-here nuts and bolts

Local Tokens

Global stable value transactional digital currency
Collateral basket of stable coins, crypto and tokenised assets

collateral reserve portfolio
allocation of local tokens

Fair-for-all – Continuous Supply to Demand Token (100% ICO Free)

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Non-speculative
Automated liquidity for conversion & exchange.


Localisation Incentive

A 2.41% bonus to transfer tokens to an inner locality.
When transferring tokens from your global wallet to a national wallet, to a city / region, to a village, to a village merchant wallet.


Disincentive fee of 5% transferring tokens out of an inner locality from merchant to village, to city, to nation, to global wallet.

Note: In order to take advantage of the localisation incentive you would need to spend more than half your tokens in an inner locality if you were planning to transfer the entire remainder to your global wallet.


Peer to Peer Lending

Borrow from your peer network when purchasing from a participating merchant – read more…

peer lending network

Repay your peer network 10% weekly, over 10 weeks or earlier.
Add 6% APR, on outstanding loans, to grow your lending pool.


Peer to Merchant Lending

A prepaid subscription standard with loyalty reward discounts.

prepaid subscription with refund option

The prepaid subscription schedule gradually increases the discount rates and savings during the term. With facility to pause, or terminate with a refund, the remaining prepaid allowance.


Platform Co-op

Member owned enterprise stakeholder models
Seed funding for localised member co-operative startups
Shared development, tools and resources for startups
Member stake tracking, reward and liquidity fund
Employee wage option available as stake investment
Customer loyalty rewards as credits & stake options


Read more about Why Co-here Local Tokens?