Introduction to Numero Set

Originally created by Jason Nelson in 2009, Numero Set is a transaction management system based on the principles of Equal Distribution Economics and features a points system called Numero.

The benefits

Proponents of Numero Set believe its system if brought to scale creates a more narrow difference between the rich and the lower class. That the distribution of the currency (or points) being issued equally rather than selectively grants the lower class more potential to participate in its economy, creating more economic freedom and less poverty.

Numero Set proponents believe that an equal issuance distribution creates no privileged economic advantage. Where even if a small number of Numero Set participants somehow ended up with most of the Numero that was issued into circulation, another equal issuance will simply begin to rebalance and even out the economic playing field.

Summary

How it works

Points can be sent from member to member to account for their transactions instead of using money, and new issuance rates are set after the membership count reaches a Fibonacci number.

An issuance can occur at any time. When an issuance occurs, every member gets an equal amount of Numero from the system's issuance account which takes on the debt of the issuance and is never owed back to the issuer whether in the form of a debt or a tax.

Feature set highlights

Ability to send points from member to member

Ledger with transaction date, participating accounts, description, transfer amount, and balance

Editable contacts list for making quick transactions to stored members

Transparent transaction quantity and current total Numero amount in circulation across the system

Signing up

Registration to Numero Set requires manual approval. After approval you will be contacted with sign-in instructions and a balancing issuance of Numero will be issued to your Numero Set account to begin transacting. The issuance of Numero you receive will be based on the last issuance rate.

You can go here to sign up.