Chairman Jikido “Jay” Aeba, Chairman of the Asia Pacific Conservative Union (APCU) and Yasu Kikuta, CEO and Co-founder, today announced the launch of the Liberty Ecosystem, a decentralized federation of local advocacy and economic development organizations seeking to combat the rise of authoritarianism in the Asia-Pacific region and around the world. The project will leverage blockchain technology through a forthcoming cryptocurrency to support economic development projects and a greater voice in furthering democracy.
Increasingly, authoritarian regimes like China are using investment in bridges, ports and other critical infrastructure to assert control over countries’ political sovereignty, commonly referred to as the Chinese “Debt Trap.” These regimes often use their economic might to influence key political, social and economic institutions and have begun to export their authoritarian models to less powerful countries such as Sri Lanka, Indonesia, and Japan.
Liberty Ecosystem will utilize blockchain technology and launch the “Liberty Token,” to empower local organizations on the front line of the fight against authoritarianism by creating a shared community and financial infrastructure. Liberty is partnering with Wowoo and is listed on the Cross Exchange.
“Our mission is to protect and expand the liberty of individuals, communities and nations. We are very focused on counterbalancing threats to liberty in two areas: governments who are limiting individual and group rights within their countries, and authoritarian governments such as China and Russia who are expanding their governance models to other countries.”
The Liberty Ecosystem is being developed by the Asia Pacific Conservative Union, and is being advised by Dan Schneider, Executive Director of the American Conservative Union (ACU) and Board Member of the APCU, as well as Edmund C. Moy, who is both a current board member of the Liberty Ecosystem and also served as the 38th Director of the United States Mint.
The cryptocurrency will allow members and local organizations to obtain tokens for referring other local organizations to the ecosystem. Tokens will ultimately be distributed by community managers to their members to reward and incent behavior – such as creating content or advocating for issues. Tokens can also be staked for voting or can be used to buy or sell services – such as transaction or mining fees.
“We believe that there will be a first mover advantage to those who leverage this new blockchain technology to create “New Power” business models to disrupt the “Old Power” models. The Liberty Ecosystem is the first crypto project to create a New Power model to counter-balance authoritarian expansion.”
The Liberty Ecosystem provides organizations in the federation with a shared common financial and communications infrastructure that enables them to rapidly mobilize and capitalize on a global network of supporters.
In addition to the Liberty Token, the project also has plans to create a separate next-generation “LRC” token creation platform, which would enable potential funders of infrastructure projects to market investment for their projects to a broader base of individuals including members of the local community and other smaller, stakeholders. The token platform would allow these organizations to create debt contracts in the form of a security crypto token, which investors could purchase and eventually receive dividends from the underlying asset (such as a port, bridge etc.) This platform would create value for the token holders and make possible profit sharing streams to helps build and strengthen local communities.
