I am soliciting comments on the following proto-proposal:
Currency
AI: 1
Create a new rule titled "Property" with Power 1 and the text:
{
A Property Owning Entity (hereafter POE) is a type of entity. POEs may own
other entities called Properties. All Properties must be owned by a POE. If
a Property is ever not owned by a POE, it ceases to exist. The POE that owns
a Property has the sole right to act upon and use that Property in the
manner the rules allow. No POE may act upon or use a Property that it does
not own. A Property may only have one owner. Property ownership may not be
divided among multiple POEs. An entity may never be both a POE and a
Property.
Properties may not be created or destroyed except as the rules specify.
Specific types of Properties may be either fungible or non-fungible.
All registered Players are POEs.
}
Create a new rule titled "Property Transfer" with Power 1 and the text:
{
Any POE may transfer one or more Properties they own to another POE by
making a "Transfer Notice" announcement to the Public Forum. This Transfer
Notice must clearly identify the following information:
* The name of the POE who owns the Property or Properties in question
* The name of the POE who will receive the Property or Properties in
question
* Each Property to be transferred as part of this notice
When a Transfer Notice is properly posted to the Public Forum, the following
occur simultaneously:
* Each Property identified in the Transfer Notice ceases to be owned by it's
current owner POE.
* Each Property identified in the Transfer Notice becomes owned by the POE
identified as receiving the transfer
The process of tranferring Property from one POE to another is known as
Payment.
If a rule states that a POE may pay a specified type and amount of property,
then that POE may do so by Transfer Notice, but is not obligated to.
If a rule states that a POE must pay a specified type and amount of
property, then that POE must do so as soon as possible by Transfer Notice.
Failure to do so constitutes a violation of the rules.
If a rule states that a POE pays a specified type and amount of property,
then that property is transferred to the designated receiving POE
automatically, as if it's owner had posted a valid Transfer Notice
initiating such an action.
}
Create a new rule titled "Secretary of the Treasury" with Power 1 and the
text:
{
There exists an Office titled "Secretary of the Treasury". The holder of
this office is responsible for tracking Properties and POEs. The Secretary
of the Treasury's report shall include:
* A list of each POE and the Properties it owns.
* A summary of all events involving the creation, destruction, or transfer
of Property since the last published Secretary of the Treasury report
}
Create a new rule titled "Currency" with Power 1 and the text:
{
Currency is a fungible type of Property. One unit of Currency is known as an
Agoran Dollar. Currency may be referenced using the dollar sign ($).
}
When this Proposal passes, $10,000 shall be created and given to each
registered Player who is a natural person, and $1,000 shall be created and
given to each registered Player who is a non-natural person.
