Prometheus: The Social Currency Network

What is Prometheus?

Prometheus is a social network that allows you to pay other members of the network for the products of their labor. Payment can only be made in the most valuable commodity in existence, time. Prometheus is a platform for a new type of economy, a volunteerist economy. This economy is backed by the promise to provide value from its members in the form of goods and services.

Economies are used to control scarcity and driven by commodities. Unlike gold and silver, which some of our oldest monetary systems are backed by, time is inherently possessed by all living things and does not lose value based upon context in the way precious metals do. Precious metals are useful so much as they can purchase substance that fulfills a basic need. Time however is always valuable no matter context; to every living thing on earth. Furthermore, when we fulfill a basic survival need what do we really gain? More time to live. We in a sense purchase more time with fulfillment of those needs. This makes our needs an abstraction of time. Time itself would be useful to every living thing if we could transfer it to other organisms in some form to fulfill their basic needs then we could enter a scarcity free economy. This is currently impossible. Prometheus offers the next best thing a scarcity-neutral decentralized time economy. This will allow the world to stop working for a living and start helping for a living.