How the E-FAZ works

The E-FAZ is the internet based structure in which there’re economic exchanges through the FAZ Money and in which is facilitated the wealth creation through free loans to individuals and companies, then redistributed to all EFAZ participants through the basic income. In the E-FAZ, the FAZ Money is issued in the form of FAZcoin, a demurrage based cryptocurrency.

The E-FAZ system is under development.

In the meantime we wish to start a transition system to create an users’ community. This system will partly address the E-FAZ features and will work on an existing demurrage based cryptocurrency. The candidate transition projects are: