Good morning Jan,
Exiting times, I guess. Besides the market issue, could you please explain how the Ring-Ring concept works. I know the information on 
https://www.energycoinfoundation.org/en/use-cases/cycling-miles/ but as it is always a question to a coin, how value is created, I do not understand exactly, what we could expect from this Energy Coin implementation. Cyclist will rewarded in Energy Coin, right?! But who pays for it? We - the community?! So if the community decides now that they see no value at all in the Energy Coin, cyclist will rewarded with Coins that have no worth?! Or is Ring-Ring connected to a smart contract, that cyclists get rewarded with coins which were bought by partnering institutions (business, employers, municipalities and health insurance) before? This would mean that there will be created a high demand of Energy Coins in the future.
Hi AlCamus,
Good questions!
Who is paying for the BicycleNRG or BicycleBits?
The name of the tokens is not decided yet but it tracks the distance people made with bicycle and that is an act of Proof of Environment.
By storing this info on the EnergyCoin blockchain we have proof that CO2 emissions are prevented.
This creates value for businesses and municipalities and they can offer a special reward or just cash.
The special token is no exchange value yet.
Best regards,
Jan