I upvote this comment. I think it’s important to establish core values that can be enforced in every aspect of the development of this project.
People are sick of the current societal structure (at least in the US) where income is drastically unevenly distributed, there’re huge problems with waste, pollution, drugs, homelessness, underpaid salary workers, overpriced city condos.
And if we have a chance to build something new we really should focus on what our values are, and how can we not fall back into the same feudalistic mentality.
In terms of Income generating I want to propose the ‘Conscious capitalism’ model where businesses still fit into the capitalist structure but do it with awareness and fairness before profit. This documentary Real Value displays this concept really well with businesses precedents. (trailer here)
An idea that fits into this concept is: improving land soil health and eco diversity to raise the land value.
This farm is a great example, it transferred a dead piece of desert land in LA into a beautiful eco forest farm.
If potentially there’s an ICO to improve the land value and eco-diversity, the token value would indefinitely raise once the effects and benefits of soil and biodiversity surface up.
Within a beautiful natural environment, a lot more projects can be made, things like crypto smart cities, eco resorts, growing of rare supplements (all the lion’s mane, ashwagandha, algea farm), it can even be an incubator for nextgen businesses on sustainability and decentralized tech.
Property can be traded, rented to generate consistent income. It can be a one-of-a-kind tourist attraction based on its beautiful environment and decentralized nature, and much more to come.
But going back to what @Jack was saying, I think it’s important to clarify the core values with the community and organizations. There are a million ways to generate income from properties, which ones should we choose?
I’d love to hear the CityDAO team @greg talk about the core values more in the weekly stream or on the website, and engage more with the community on it. I think it’d give a more clear direction to the communities and developers, things like: What do we want to build? What to avoid? Aspects of the future you care about the most? How does everyone measure the quality of life? etc…
Maybe citizens/communities can vote on issues they care about the most, and keep being part of the conversation as we move forward ^^