A Dual-Token Protocol for Local Communities
UrbanChange is a dual-token protocol that promotes economic stimulation in local economies through community action and decentralized governance. The protocol’s stable “LocalCoin” incentivizes positive action in the community by local residents, and can be used to shop at local businesses. The governance “ImpactToken” is rewarded for spending LocalCoins, introducing a system of decentralized governance in local communities. With the power of blockchain and web3, UrbanChange brings all sectors of a local population: residents, business owners, organizations, and governments together to stimulate local prosperity and create a sense of community belonging, and pride through ownership. 42 Studio supported UrbanChange’s initiative prior to the Protocol launch, working to attract and retain interested individuals through compelling content on both Discord and Medium to promote the “Local Heroes Program”, prompt community growth, engagement, and further involvement with their protocol launch.