Thanks a lot for the reaction, Papa. You make excellent points. Indeed a lot of the expansion currently happening in Crypto is somewhat inflationary, as different projects compete for the same utility. However, our interest in this space is has to do with fundamental utility, rather than value. In that con text, bitcoin is not applicable to our use case: bitcoin cannot handle complex smart contracts and it is definitely not a good utility for fast, cheap small value transactions. Most importantly, bitcoin transactions are validated through proof of work mining. The whole idea here is to use impact verification for confirmation. Hence proof of impact. Every time a new impact event happens, a new token gets minted that corresponds to that impact event. Bitcoin could not serve that purpose. However, there are compelling arguments to use an existing platform as a utility token on the backend and that is something we will probably end up doing.

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