Pinecoin

3 min read Original article ↗

Money Grown on Trees

Tokenized Maine Pine Cones

Natural Money from the Pine Tree State

Unit
of Account

A Maine Pine Cone is:

Durable
⚖️
Lightweight
💎
Scarce
🌱
Renewable
🐎
Stable


⛏️ No mining, minting, or printing

Medium of
Exchange

Maine Pine Cones made fungible:

📍
LocationMaine
🌲
SpeciesWhite Pine
GenderFemale
📏
Size 5''+
🏺
ConditionStem; all scales; no seeds


✅ Easy to verify

The Pinecoin Protocol

So, you found a pine cone.

Is it Pinecoin grade?

01

Location

The 23rd United State

The cone must have been legally collected in Maine.

Maine is years old.

02

Species

Pinus strobus

Only cones from the Eastern White Pine are acceptable.

03

Gender

Male & Female

Female cones only.

04

Size

From top of stem to end of rachis

Must be clearly 5 inches in length.

05

Condition

Wet & dry

Stem attached.  All scales intact.  No seeds visible.

Stem attached.
All scales intact.
No seeds visible.

Must be unsquished and crisp when dry.

If your pine cone meets these criteria...

You have a verifiable


Maine Pine Cone!

Tagging

Your Maine Pine Cone is ready to be tagged!

Simply...
  1. Clean thoroughly
  2. Heat to 140° F
  3. Assign the cone a Serial # and write it on a metal rim paper tag
  4. Tie a loop of twine and attach the tag to your cone
  5. Create a Tezos wallet, such as Temple, and buy some $XTZ
  6. Sync your wallet with a Tezos NFT marketplace, such as HEN(hic et nunc)
  7. Mint your Pinecoin token with a photo of your pine cone, ideally as a 🔲, including "pinecoin" as a textual tag
  8. Put in a cardboard mailer box to ship your cone; transfer your token to any Tezos wallet

Suggested Materials

Examples

Why collect Pinecoins? 🐿️

Support Sustainability

Maine is the only state over 90% forested.

Protect Our Trees

Earn without cutting down.

Sound Money

A pine-to-pine ecological cash system.

Technologies

Press

I don't know how to say this in a way that's considered a substantive contribution, but I still want to know:

What's the point of "pinecoin"?

spdustin

Hacker News

It is nice, you know? Quiet. Soothing. Moderately outdoorsy. The crypto space may or may not be maturing, but Pinecoin is a good sign of maturity in the crypto art space. It is the next wave of ICO-based art, not blunt one-note parodies but charming silly little reenchantments of the world.

Matt Levine

Bloomberg

Trade Pinecoins

Coming Soon