SoCR – Robert Oh

This is not an ICO.

Every human being on planet Earth is entitled to 100,000 SoCR coins for FREE.

SoCR coins can be used on this app to ask favors from other members.

SoCR is a social currency. SoCR is a currency for favors, for the ‘intangible’ economy.

THE ECONOMIC THEORY:

The idea for this app arose during an internship at the Federal Reserve Bank of Boston decades ago while the founder was studying economics at Yale.

While there, he noticed a red phone that had to be staffed 24/7 by an economist just in case the bank president called. Why was this?

He became fascinated by the hidden ways that currency affected human evolution, how currency allowed humans to move from BARTERING to TRANSACTING, and the quantum effect “transacting” had on technology, culture, and economic activity.

Paper currency is primarily used in the tangible economy, e.g., food, appliances, clothing.

It is our belief the intangible economy is larger than the tangible economy. The intangible economy represents things like favors, influence, ideas, assistance, etc.

If you have a doubt about this ask yourself this question: If you had the choice of receiving:

$1 million the day you were born
OR
$0 but all the influence you would receive if you were born into an important family like the Kennedys

… which would you choose?

We as human beings still barter intangible goods because there is no socially acceptable currency to facilitate social transactions.

As a result we tend to only help those we know out of worry about getting repaid. This creates and reinforces division.

The goal of this app is to get people to cross boundaries and help people they don’t know.

“It is harder to hate someone if you know them.”

For the foreseeable future the social currency on this app will be free. Every human being on planet Earth already is entitled to 100,000 free social currency coins (“SoCR”).

This is not an ICO. But because it is free we the founders believe it could become much bigger.

Welcome to SoCR, the social currency app.

HOW TO USE THIS APP

What is a favor? An introduction to a hiring manager. Advice about a career change. A second opinion on a car repair.

How often has a favor changed our lives? How often has a favor saved us money?

This app allows you to ask for favors from members around the world.

If they are a member you can ask them for that favor even if you do not know them.

You pay for these favors with a social currency called “SoCR”. “SoCR” social currency is free. Every person on planet Earth receives 100,000 coins for free.

The favor-giver says thank you and uses that Social Currency you just gave them for a favor from someone else.

And on and on and on.

That’s it.

This app allows you to ask favors of people you do not know all over planet Earth.

THE SOCIAL PURPOSE:
It is harder to hate someone you know. The purpose of this app is to encourage interaction across social boundaries.

1) People tend to ‘barter’ favors

2) Hence favors stay within trusted social circles

3) SoCR allows you to ‘transact’ favors

4) The hope is favors spread across social boundaries helping people to unite