welcome to earth (rth).

rth is not a company.
there is no corporation or CEO.
rth is a distributed autonomous organization.
The people that hold rth, are the stewards of rth.

The gold standard has been abandoned by governments. Fiat currencies (money without backing) can be printed in unlimited quantities. Unsustainable government debt and endless money printing will inevitably result in hyperinflation and economic collapse.

The economic impact of the Corona virus has created more risk than ever. Governments, desperate for asset prices to retain value, have printed money printing at historic levels. These events are accelerating the rate towards broader collapse.

A fixed supply asset is our best safety net.

In 2008, Satoshi Nakamoto published a document that unveiled blockchain, and gave humans access to new technologies:

- the ability to maintain a decentralized immutable ledger (unhackable database)
- a solution to the double spend problem (prevent digital copies)

What started as a curiosity, is now becoming trillion dollar asset class. Bitcoin is the clear frontrunner and is considered by most to be evolving to function as a store of value. Now, another fixed supply asset is expected to emerge to function as monetary supply.

rth is designed to serve in this capacity.

rth as monetary supply

1

Bitcoin’s value is derived from its scarcity.

The value of rth is derived from its scarcity, and is also backed by another fixed supply asset: land.

2

Bitcoin is largely held by early adopters and big mining operators. A disproportionate amount of power is in the hands of too few people.

The rth distribution mechanism promotes a more balanced asset ecosystem.

3

Bitcoin’s primary function is as a store of value.

rth is a decentralized autonomous organization with a broader vision and purpose. Our planet is failing in more ways than just economics. The use of rth as a medium of exchange will serve as the foundation for effecting greater change.

4

Bitcoin is limited in its capacity to accommodate economic and technological evolution. Hard fork risk results in micro bip evolution, rendering bitcoin less agile.

rth is backed by real world assets, therefore, rth evolution can occur via consensus supported by the knowledge that real world asset backing will transfer with any consensus migration. This enables rth to evolve with more agility as technology and the marketplace develop.

rth is designed to function as monetary supply.

rth is backed by physical assets (land).

rth is backed by digital assets (bitcoin).

rth is triple-scarce (itself, land, bitcoin)

rth does not suffer from inequitable distribution.

rth has a broader vision and purpose.

rth has a stable migration path for agile evolution.

the genesis parcel

At block zero, rth is backed by the genesis parcel.
The genesis parcel was donated to the rth experiment by its founder.
The legacy legal description of the genesis parcel is: Lot 14, Block 1, Rio Grande Ranchos.
The genesis parcel is a five acre plot of land in Colorado, one-half mile from the Rio Grande River in the United States.
If you own rth, you own a prorated share of the genesis parcel.
Share of ownership is proportionate to the amount of rth held.
The genesis parcel is recorded in the rth smart contract on the ethereum blockchain.
The rth smart contract address is: 0xC8F1c269975A7ee77916c9c5e10620Bc28578825

legacy migration

The rth representation of the genesis parcel is:6f419bae99aaec8dea3ccc80255a688a23925e3e1464b370110eac443593c20e
The rth representation of the genesis parcel is a sha-256 hash of the legacy legal description.
This sha-256 hash functions as a normalized legal description, and is stored immutably on chain.

Legacy data will continue to be stored on legacy government databases.

Legacy data is also stored on ipfs and mirrored.
The ipfs hash of the legacy data is also stored immutably on chain.

This renders both the rth description, and the legacy data, immutable.
This will normalize legal descriptions globally, and function as a mapping between the legacy system and rth.

broader vision and purpose

our planet is presently receiving a failing grade:

  • fractured into different countries
  • wage war against each other
  • human trafficking
  • poverty and hunger
  • failed political systems
  • failing physical infrastructure
  • polarized populace
  • unequal access to healthcare
  • unequal educational opportunities
  • educational systems lack practical focus
  • non-logical biases
  • inefficient economic systems
  • lack of logical environmental balance
  • no off-planet colonies, extinction risk
  • lack controls on AI, nanotech, biotech
  • more

There are three ways rth will address these issues:

Everyone that owns rth, owns a prorated share of all assets that back rth. As adoption continues, more bitcoin and land are added to rth, and the intrinsic value of rth grows. When adoption reaches a critical mass, economic power will decentralize, and the influence of people over global direction will increase.

rth provides a universal basic income component that serves to establish minimum human standards of living. In parallel, incentives for achievement will remain.

Logically derived declarations will be drafted by consensus that will function as a roadmap for improving the human condition, and building a stronger planet. These declarations are called: the earth accords.

the rth accords

the basis for consideration is decentralized logical analysis.
rth accords can only be adopted or updated by consensus.
the rth accords function as goals to be achieved commensurate with rth adoption, and beyond.
a starting proposal has been drafted to serve as a foundation for discussion.

I. People should be free. People should respect others freedoms. Everyone is entitled to liberty

II. Earth should be united. Division into countries inhibits advancement of the human species. Spirit of country can be maintained in sport, but the world should operate together under a single banner: Earth

III. Education is the foundation of a strong planet. Lack of equal learning opportunity produces a diverged populace that becomes a catalyst for other societal problems. The same educational opportunities should be equally available to everyone.

IV. Education should be reinvented to be more practical in nature. A greater focus should be placed on personal character, global stewardship, trade skills, technology, infrastructure, arts, and science.

V. Religion is an individual choice. People of different religious beliefs should coexist peacefully. Persecuting others over religious beliefs has no basis in logic.

VI. We have an obligation to our species to establish colonies outside the bounds of our planet

VII. Debate over global warming is senseless. Logic dictates that a balanced ecosystem is wise for the long-term health of our planet, and our species

VIII. Music, art, and sport are a tribute to humanity and an important part of the healthy human condition. A greater focus should be afforded to these items

IX. Crime and punishment should be addressed logically. Punishment should be crafted as deterrent. Hard labor and enforced restitution should return. Crime that permanently affects another’s liberty should be met with lifetime punishment. Punishment for crime that momentarily affects another’s liberty should be rehabilitory in nature. Laws that criminalize activities that affect the liberties of none, should be abolished.

X. Police should be rebranded as Helpers and Protectors. 50% of work hours should be spent as Helpers, without any law enforcement powers. Helpers work visibly to improve the community: Painting buildings, planting trees, replacing sidewalks, helping people in need. These acts will foster mutual respect, and will function to earn the right to serve as Protectors. 50% of work hours will be spent as Protectors. The role of the Protector is to help secure the individual liberties of all people

XI. Artificial intelligence, nano technology, and bio technology must be carefully regulated in order to reduce extinction level risk.

XII. Automation, artificial intelligence, and other advancing technologies will continue to shrink the job market. An equitable economic infrastructure that supports this reality should be established. Universal basic income enables everyone to experience a basic human standard of living. In parallel will also exist incentive for hard work and innovation.

acquisition path

rth’s ability to interface with legacy systems is a prerequisite of land ownership.
The portion of the rth ecosystem that facilitates this, functions as follows:

legacy interfaces

The rth steward is only able to function at the direction of the dao.
the rth steward provides the rth accomodator with a signator.

The rth accomodator is only able to function at the direction of the dao.
The rth accomodator facilitates land acquisition at the direction of the dao.

All land transactions are recorded in legacy government records in conformance with legacy title systems.
In parallel, all land transaction are recorded on the rth blockchain.

the rth trust is the sole beneficiary of all land trusts.
rth holders are the sole beneficiaries of the rth trust.

equitable distribution

rth reserved for global distribution: 95%

rth reserved for partners and discretionary: 4.5%

rth reserved for the founding team: 0.5%

of the 95% reserved for global distribution:

80% allocated for open distribution

kyc regulated to limit large purchases

government onboarding regulated by adjusted 2019 gdp

staking rewards and farming rewards

15% allocated for universal basic income

kyc regulated to provide an “everyone” baseline

5% allocated for global innovation incentive fund

distributed by consensus over time

In the long-term, when the ubi reserve is exhausted, earnings from rth asset backing will be used to fund ongoing ubi.

government onboarding

rth is designed to serve as a manageable transition from the legacy system to the new.
An important part of this process will be government onboarding.
As governments begin to accept that their fiat currencies will not survive, governments will seek safe harbor options.
rth provides governments with ongoing transitional exchange at then-current market rates.
total rth allocation is a factor of each country’s normalized 2019 GDP.

diversified backing

Land and bitcoin serve as rth’s core backing.

Additional asset backing diversification can be achieved by the consensus of rth holders.

Examples include:

other digital assets

gold, silver, and other tangible hard assets

developed real estate

The allocated percentage of each type of backing will be determined by the consensus of rth holders.

use of funds

Over the long-term:

80% of funds from rth sales will be used to purchase asset backing (land, bitcoin, etc.).

20% of funds will be used for operating expenses including rth awareness and adoption (marketing), research and development, accounting, auditing, legal, insurance, taxes, etc.

However, for the first five years, in order to enhance rth awareness and adoption:

50% of funds from rth sales will be used to purchase asset backing.

40% of funds will be used for rth awareness and adoption (marketing).

10% of funds will be used for research and development, accounting, auditing, legal, insurance, taxes, etc.

In years 6 through 20, the use of funds shall be determined by rth holders:

Between 50% and 70% of funds shall be used to purchase asset backing, percentage determined by consensus.

10% of funds will be used for research and development, accounting, auditing, legal, insurance, taxes, etc.

The balance (between 20% and 40%) will be used for rth awareness and adoption (marketing).

Beginning in year 21, the use of funds shall be allocated as follows:

85% of rth shall be used to purchase land, a 5% premium over the long-term 80% equilibrium.

The 5% premium shall remain in place until the percentage of funds used to purchase land achieves 80% equilibrium.

10% of funds will be used for research and development, accounting, auditing, legal, insurance, taxes, etc.

5% of funds will be used for rth awareness and adoption (marketing).

Once equilibrium has been achieved, the ratio shall be 80/15/5%, and remain there in perpetuity.

transparency

All rth information and accounting is absolutely transparent and available for public review without exception.
Trust documents, land purchases, operating expenses, source code, etc.
Every detail is accounted for, publicly audited, and available for review.
View the rth repository here.

total supply

There are the same number of satoshi (bitcoin) as there are of time (rth).

total long-term supply:

unit

time

light

rth

rain

sun

seed

air

temp

space

quantity

2,100,000,000,000,000

210,000,000,000,000

21,000,000,000,000

2,100,000,000,000

210,000,000,000

21,000,000,000

2,100,000,000

210,000,000

21,000,000

long form

Two quadrillion, one hundred trillion

Two hundred ten trillion

Twenty one trillion

Two trillion, one hundred billion

Two hundred ten billion

Twenty one billion

Two billion, one hundred million

Two hundred ten million

Twenty one million

scale

0.01 rth

0.1 rth

1 rth

10 rth

100 rth

1,000 rth

10,000 rth

100,000 rth

1,000,000 rth

notes

# of satoshi

 

 

 

 

 

 

 

# of bitcoin

Alternate denomination for rth chosen:

1. To retain a smaller unit of measure, so the term “rth” can persist in transactional use over the long-term.

2. For perceived affordability. The cost of one bitcoin is more than most people can afford. Even though a person can buy satoshi, being unable to buy a “bitcoin” discourages adoption. rth denominated at 21 trillion alleviates this problem.

Controlled inflation:

When all 21 trillion rth have been distributed, 2% annual inflation will commence.

Nominal inflation functions to offset lost rth, otherwise rth would deflate to zero as time approaches infinity.

Non-inflationary money is dying money by definition.

roadmap

rth 1.0 was released to testnet on October 15th, 2020.
rth 1.0 was released to mainnet on January 15th, 2021.
The rth private sale begins March 15th, 2020. You may kyc in advance, beginning now.
rth token distribution will begin on May 15th, 2020.
rth public sale will commence tbd.

staking rewards

Staking is similar to earning interest from your bank.
When you stake (deposit) rth, you receive rth as rewards (interest).
rth staking rewards are fixed at 6.25% annually.
There is no lockup period (required length of time on deposit).
Earn prorated rewards for any amount of time your rth are staked.
Staking will commence shortly after the public sale begins.

anonymity

One of the more significant unanswered questions regarding digital assets is to what extent anonymity is desirable. On this matter, rth adopts a specific position. The elements of consideration are:

Absolute Anonymity

On one hand, absolute anonymity provides independence from third-party monitoring and interference. On the other hand, absolute anonymity amounts to financial anarchy, which allows for unchecked criminal financial movement, and which does not complement an orderly and just world.

Pseudo Anonymity

In a pseudo anonymous environment, individual identities remain unknown, but the history of all transactions is available for public scrutiny. If a digital address is known to be associated with illicit activity, and a person is discovered to be in control of that address, then that person can be investigated further for potential criminal acts. This provides an environment where anonymity is balanced with criminal deterrent.

Non-Anonymity

In a non-anonymous environment, transactions are associated with known individuals.

The rth experiment adopts a balanced approach of the latter two considerations. rth is based on an environment of pseudo anonymity, however, in order to:

1. Comply with kyc (know your customer) and aml (anti money-laundering) laws, and

2. Provide infrastructure for fair and equitable distribution of ubi (universal basic income), and

3. Provide infrastructure conducive to government onboarding,

both initial distribution of rth and ubi distribution are subject to a non-anonymous environment. Participants must complete a kyc process that includes presenting photo identification (driver's license or passport) and identity verification (match the individual to the supplied identification). Once identity has been verified, distributions will be made to addresses associated with the individual. Once distributions are made, individuals are free to move their rth to pseudo anonymous addresses or transfer their rth to others.

participate

Private Sale
The rth private sale begins March 15th, 2021.
To ensure equitable participation, the maximum individual participation is 5 eth per kyc (per person).
kyc is facilitated through jumio. Your information will be held securely
Additional instructions will be provided once you successfully complete the kyc process.
To begin the kyc process, click the jumio logo:

Public Sale
Additional rth will be sold at market rates at a release volume determined by consensus, but not less than 10% dilutive to circulating supply per annum, and not more than half of the remaining supply per annum, until full distribution has occurred. The high end threshold of this range provides a sufficient release path for government onboarding and widespread public adoption.

Unfortunately, at the present time, United States citizens are not able to participate due to regulatory uncertainties.
Please check back soon.

market approach

The digital asset space is presently largely focused inward. Marketing directed towards the general public is very limited. In contrast, rth awareness efforts will be broadly focused, with a direct-to-consumer, evangelistic approach. As presented in the “use of funds” section, 35% of all funds raised via the sale of rth over the first five years of the project will be allocated to rth awareness efforts (marketing) and public onboarding. Subsequent funds usage will be determined by consensus.

There are four primary rth awareness paths:

1. Video ads - Youtube, Instagram, tiktok, etc. (teaser and educational)

2. Feet on the ground - Branded transportation with full-time rth ambassadors visiting landmarks, festivals, markets, town centers, and other places of interest. And moreover, producing and leveraging video content of these efforts to showcase rth’s global presence.

3. Content production, informative - similar to Vice, Vox, etc.

4. Sponsorships - musicians, artists, events, people with interesting subjects and stories to share, youtubers and other content creators with existing market reach.

The primary goal is the education and onboarding of the general public.

The message is simple:

“rth has been created to function as new global money.”

“You can begin receiving your universal basic income once you submit your kyc.”

It is anticipated that these efforts will function as a catalyst for acquiring additional rth beyond the ubi allocation.

Additionally, deployment of tools that complement already widely-adopted consumer behaviors, including the use of smartphone apps, and “debit/credit” cards, may serve to accelerate rth adoption.

rth app

The rth app is an interface that enables people to interact with, and use rth.
The rth app is available for iphone and android.
The rth app is designed to enable people to conduct typical everyday transactions.
However, just as you shouldn’t walk around with too much cash, you shouldn’t keep too much rth in the rth app.
The majority of your rth should be held in cold storage (a wallet not connected to the internet).
You can consider cold storage to be like your bank account, and the rth app to be like the cash in your wallet.
You can learn more about cold storage in the forthcoming rth educational series.

rth farming

rth farming is conducted on the rth app (see the last five images above).
rth farming provides people with an incentive for daily education.
To farm rth, simply open the app, select “farm” from the menu, and swipe left three times.
rth farming can only be performed for kyc associated rth addresses.
The farm screens will share:

education on the different elements of the rth project
information on upcoming votes
statistics on rth adoption
education about our planet
consideration of the rth accords
rth success stories
information on art, science and technology
etc

rth farming rewards begin at 10 rth per farming period (20 rth per day).
rth farming rewards will decrease by 1 rth every year beginning with the first reduction on January 1st, 2023.
When rth farming rewards have been reduced to 1 rth per farming period (2 rth per day), farming will decrease by 0.1 rth every year until rth farming rewards have been reduced to 0.5 rth per farming period, (1 rth per day).
rth farming rewards will remain at this level in perpetuity, until rth farming is terminated by consensus.
rth farming is effectively a supplement to the ubi component.

the dawn of the non-political era

Our leaders rebranded as stewards.
Our stewards identified from broad candidacy and chosen by consensus.

Political parties tend to promote candidates from within their ranks.
It is challenging for outsiders to establish a foothold in the existing political landscape.
There are millions of people to choose from, but we are typically limited to choosing our leaders from only a select few.
This yields an environment where our countries, and our planet, are often led by less than the most qualified.
We can do better.

rth gives birth to the Logic Party.
The Logic Party will participate in legacy political systems, and reimagine and rebuild them from within.
Over time, all elements of current political systems that fail logic can be abandoned.

invited partners

You.

When you kyc to secure your ubi and join the rth experiment, you grow the ranks of the project. And, if you elect to purchase rth, you help even further. Every person that participates in the rth experiment makes the project stronger.

Musicians, artists, scientists, teachers, and more.

Let’s share and build together to make our planet stronger. Contact us with your ideas. We are interested in sharing art, music, knowledge, and other elements of the human spirit in expanding rth awareness efforts.

Current elected politicians.

If you are a politician that believes in the vision of the rth experiment, you are invited to defect to the Logic Party.

Distinguish yourself from failed political systems, and help us build something better.

Software Developers

The blockchain space is in its infancy. The winners are undefined. Be part of something that might change everything.

Economists

Help save the world from economic collapse. If there is to be a soft-transition, we are going to need smart people to help navigate the way.

Existing blockchain projects

If your project can help the rth project, or if the rth project can help your project, we’d like to learn more.

spread the word

Participate in the private sale and get rth gear to show your support and help spread the word.

1 eth or greater = 3x shirts, 3x beanies, 4x stickers, 1x magnet, 100x "Decentralize" cards

0.5 eth = your choice of 1x shirt, 1x beanie, plus 4x stickers, 1x magnet, 100x "Decentralize" cards

0.25 eth = your choice of 1x beanie, 1x shirt, 1x sticker, 100x "Decentralize" cards

double stripe

tassle yellow

funk station

primary logo

lunar voyage

heroes

rth stickers

four stickers, one of each color, 4” round

skate deck alpha

8.0 medium concave

7-ply Canadian Maple

sloopy

8.0 medium concave

7-ply Canadian Maple

founder and team

Is the team trustworthy, or is the project potentially fraudulent?

Does the team have a track-record of success?

Steve Barbey

founder and interim rth curator

- FBI background checked.

- Recipient of the Better Business Bureau’s, Integrity Counts award.

- Helped raise more than $2million for charitable organizations.

- Seventeen year holder of government issued real estate license.

- More than 8,000 regulated real estate transactions. Zero disciplinary actions.

- Served on the management team of a Tim Draper backed dotcom era business.

- True serial entrepreneur with a history of successful startup ventures.

- Bitcoin and ethereum mining operator since 2015.

view linked in profile

Additional team members to be cited with permission.

risks and offset strategies

insufficient adoption

risk: rth may not gain traction and may not reach the sufficient critical mass necessary to survive.

offset 1: persistence.

offset 2: staged release of rth incentivizes early stage adopters for assuming higher-levels of risk. this staged approach increases the probability of securing early stage marketing funds, which can be leveraged to advance through the release stages until sufficient forward-momentum is achieved and rth becomes self-perpetuating.

government taking

risk: rth may evolve to be viewed by one or more governments as a challenge to sovereignty. a government might abuse its authority to seize land or other assets held by rth, thus undermining rth’s backing.

offset 1: work proactively on government onboarding so rth is viewed as a safe-haven ally, not as an opponent.

offset 2: diversify holdings across many countries so asset seizure by one country will leave the majority of rth’s backing in place

offset 3: achieve sufficient market adoption so that an attack against rth would be considered an attack on the people, which may dissuade some governments from taking such action.

offset 4: an inflection point in the future may find rth’s immutable record of ownership considered superior to legacy systems. at such a time, the ability of governments to seize, may end.

transaction speed

risk: blockchain transaction speed may fail to reach levels necessary to adequately accommodate everyday transactional use

offset: blockchain today is like the internet in 1997: tiny video, pixelated, and at 3 frames per second. as blockchain technologies mature, this problem will be likely be solved by rth, or by another. whether ethereum, rth native, another existing platform, or a platform yet to be built, rth is long-term blockchain platform agnostic.

transaction cost

risk: transaction costs might remain prohibitive and therefore may not accommodate rth’s everyday transactional use.

offset: same as transaction speed offset above.

app gatekeeper risk

risk: the Apple App Store and the Google Play Store may not allow the rth app to be downloaded from their services.

offset 1: the rth app does not provide a mechanism for purchasing or selling rth. The rth app only functions to allow the transfer of rth, and the farming of rth at no cost. Because there is no fiat money involved whatsoever at the app level, the rth app may receive favorable consideration.

offset 2: work cooperatively with Apple and Google to illustrate the good faith intentions of the rth project.

offset 3: wait for Apple and Google to become more comfortable with digital asset apps.

offset 4: educate people how to use AltStore and apk to sideload the rth app.

secondary market accumulation

risk: buyers use the secondary market to acquire large amounts of rth, diminishing rth’s equitable distribution.

offset 1: in an open marketplace, this is a matter without offset. accumulation is to be expected. however, the release of rth over time, and the presence of universal basic income, will function as moderate offsets.

access to technology not universal

risk: people without access to technology are not able to participate in the rth project.

offset 1: this risk is becoming less significant every year. more people than ever have access to technology.

offset 2: identify risk areas (geo, income, etc.) and implement outreach programs as appropriate. leverage existing outreach programs as possible communication paths.

fraud

risk: the rth steward or accomodator could commit fraud and abuse their power to steal rth or rth’s backing.

offset 1: the rth steward and accomodator are not anonymous. they are known entities, vetted by the founder at launch, and vetted and chosen by the dao as the project progresses.

offset 2: the transparent nature of rth project would reveal any bad behavior. any fraudulent action would be selfdefeating

there are likely other additional risks that have yet to be identified.

frequently asked questions

q: what is the total supply?

a: there are the same number of divisible units in the rth ecosystem as there are in the bitcoin ecosystem.

a: there are 21 trillion rth.

q: why aren’t staking rewards higher?

a: rth is a long-term focused project. unsustainable staking rewards are not a part of the rth ecosystem.

q: rth is not a company?

a: rth is a decentralized autonomous organization (dao). the dao is compromised of rth holders that choose stewards and accomodators by consensus to carry out the directives of the dao.

q: if rth isn’t a company, are there people that are helping to develop the project?

a: yes. rth Foundation, ltd. is operated by a group of people that are interested in helping the rth project succeed. the rth Foundation, ltd. has no direct control over rth.

q: how do I get rth?

a: begin by submitting your kyc here. you will receive additional instructions once the kyc process is complete.

q: is rth really free?

a: every person is entitled to receive rth universal basic income at no cost.

q: I can buy rth also, correct?

a: yes. once you complete your kyc you will receive instructions on how to purchase additional rth if you so choose. the amount of rth available for you to purchase is listed in the “participate” section of this website.

q: if I participate in the presale, can I also participate in the main-net sale?

a: yes. kyc’d individuals can participate in each stage of the distribution process.

q: will a large supply hurt the value?

a: the total supply is the same as bitcoin. rth is simply an alternate denomination of the same scale.

a: not all 21 trillion rth will be unlocked at once. when the experiment begins, 21 billion rth will be unlocked. the remaining 20.79 trillion rth will be released over many years at a volume determined by the consensus of rth holders within defined thresholds.

q: will a large supply hurt the value?

a: the total supply is the same as bitcoin. rth is simply an alternate denomination of the same scale.

a: not all 21 trillion rth will be unlocked at once. when the experiment begins, 21 billion rth will be unlocked. the remaining 20.79 trillion rth will be released over many years at a volume determined by the consensus of rth holders within defined thresholds.

q: what are the thresholds?

a: rth will be unlocked at a volume determined by consensus, but not less than 10% dilutive to circulating supply per annum, and not more than half the remaining locked supply per annum, until full distribution has occurred. the high end threshold provides a sufficient unlocking path for potential government onboarding and/or widespread public adoption.

q: as more rth is released, will that drive the value down?

a: rth is released in exchange for government fiat or other crypto assets at then-market rates. as funds are raised from the sale of rth, more asset backing is acquired and held by rth. thusly, asset backing grows as rth is released.

q: The divisible quantity of rth is stated as being the same as the divisible quantity of bitcoin, but looking at the smart contract that appears to not be the case?

a: The Ethereum default is 18 decimal places. While a lower decimal count can be selected, doing so creates challenges with CEX and DEX interoperability. For rth 1.0, it was decided to maintain the Ethereum default of 18 decimal places. When migrating to rth 2.0, the decimal places matter will be reevaluated.

q: if I have rth, then I own a prorated share of the genesis parcel?

a: yes. everyone that owns rth, owns a prorated share of the genesis parcel.

a: everyone that owns rth, also owns a prorated share of all land and asset backing held by rth as acquired over time.

q: where is the genesis parcel located?

the genesis parcel is a 5 acre parcel in Colorado, United States, near the Rio Grande River.

q: where did the genesis parcel come from?

a: the genesis parcel was donated by the founder to serve as the symbolic (and actual) initial backing of rth.

q: is the genesis parcel valuable?

a: the genesis parcel is of nominal value and is largely symbolic in nature. bootstrap funds were mostly reserved for project development and project awareness during incubation and launch.

q: the rth project seems to have many goals. is the project too broad in scope?

a: the nature of the rth project offers many opportunities. it is possible for the project to achieve substantial success, even if one or more of the project goals are not achieved.

q: can rth holders specify how they want their rth backing allocated (land, other digital assets, gold, etc.)? is selective backing available?

a: by design, there is no mechanism to allocate individual holdings to specific types of backing. if you own rth, you own a prorated share of all assets held by rth. however, the vote of rth holders contributes to help determine project-wide backing allocation.

q: regarding the rth accord involving crime, isn’t hard labor and enforced restitution a bit harsh?

a: punishment must be harsh in order to function as an effective deterrent. the proliferation of crime in today’s society is, at least in part, a byproduct of insufficient consequences for criminal activity. it is also important to note, however, that in parallel to stronger punishment, the rth project also presents greater opportunity for personal growth.

q: regarding having an obligation to establish colonies outside the bounds of our planet, isn’t that a bit too sci-fi? how is this relevant to the rth project?

a: one of the rth experiment’s broader goals is to make our planet stronger (make humans stronger). reduce the nonsense so we can focus on matters of importance. humankind is potentially a nuclear war, a high-mortality rate pandemic, or unfettered ai/nanotech, etc. away from extinction. establishing a self-sustaining off-planet colony should be one of our top priorities as a species. we need to get all our eggs out of one basket, as soon as possible.

q: who is Ferris Taveli?

a: the rth experiment began with the drafting of the first rth whitepaper, now deprecated. the rth whitepaper was written by Steve Barbey citing the pseudonym Ferris Cetic Taveli as author

a: under ideal circumstances, the rth project would have been launched anonymously. However, fraud in the marketplace warrants proven stewardship at launch.

a: Ferris Taveli is nod to Satoshi Nakamoto. The Satoshi whitepaper is the origin of blockchain. Satoshi Nakamoto is considered to likely be a pseudonym for the actual author(s) of the Satoshi whitepaper.

a: use of the Ferris pseudonym persists as it is symbolic of the rth project not belonging to Steve Barbey. the rth project belongs to rth holders.

a: Ferris Cetic Taveli is an anagram of “Silver Certificate”, a nod to the gold standard asset backing of the past.