Berkeley City recently announced that it is turning to the blockchain for city funding in an effort to reduce their reliance on federal and state funding. The idea is spur crowdfunded investment in affordable housing and other local projects. Individuals will be able to buy the cryptocurrency to fund city-issued municipal bonds.
We’re currently accepting entries on use cases / examples of crowdfunding decisions by Berkeley’s residents. We’ll sort out the need governance protocols for them and possibly wirte it up in a joint post with Berkeley City, entries will be rewarded with GEN tokens as any other bounty.