Co-here Local Tokens

Co-here Local Tokens are a complementary currency for payments at participating merchants, located in villages, in city / regions, national and international. An automated locality incentive – rewards spending – the more local, the more rewards.

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 resilience in communities supported by an economic 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
Local Tokens are in conception phase of the roadmap

Co-here nuts and bolts

Local Tokens

Global stable value redeemable transactional payment token
Multi collateral crypto basket: 80% stable assets, 20% liquid & long tail
Collateral conversions with demand pricing as a stability mechanism

multi-collateral liquidity reserve
allocation local tokens

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

ico free badge

Anti-speculative
Automated liquidity for conversions with demand price stabilisation


Localisation Incentive

A 2.41% reward bonus to transfer Local Tokens to an inner locality.
Receive rewards when transferring Local 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% when transferring Local Tokens out of an inner locality from a village merchant to a village, to a city, to nation, to your global wallet.

localisation disincentive graph

Note: In order to take advantage of the localisation incentive you would need to spend more than half your Local 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 reputable participating Local Token merchant. Build up your credit limit over time through your borrowing reputation.

peer lending network

Repay your peer network 10% weekly, over 10 weeks or earlier.
A 6% APR, on outstanding loans is paid to grow a common lending pool.
A social sharing economy for cyclical borrowing & repayments.
Mutual finance for Buy Now Pay Later (BNPL) read more…


Peer to Merchant Lending

A prepaid customer subscription standard could provide advance funds to participating merchants at a lower cost than institutional loans and allow these merchants to offer greater discounts to their loyal customers – read more…

prepaid subscription with puase and refund option

In this prepaid subscription schedule there is a gradual increase in the discount rate each week, which amounts to savings for the customer, with an understood agreed discount rate over the full term. The advantage of this prepaid subscription model is the facility to be paused, or terminated with a refund, for 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?