Choice Coin is an open source digital asset, which is used to solve the decentralized governance problem. The decentralized governance problem refers to the complex process by which assets are allocated across decentralized networks. In other words, the decentralized governance problem refers to the lack of a system to facilitate autonomous decision making in a distributed manner using digital assets. Choice Coin solves the decentralized governance problem by providing a mechanism for secure voting using post-quantum cryptography. A voting token for autonomous organizations, Choice Coin is built on the Algorand blockchain as an Algorand Standard Asset.
The goal for the Choice Coin Community is to support the Algorand Community in growing an open, collaborative, and borderless blockchain. Thus, the Choice Coin Network is intrinsically designed to draw new members and retain existing members on the Algorand Network through an optimized participation structure. There are three main methods for participation in the Choice Coin ecosystem. The three main participation options are democratic involvement incentives, charitable contributions, and open innovation. Additionally, Choice Coin’s inclusive strategy may be amended to include more participation options over time and is focused toward creating new value on the Algorand Network.
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