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EXODUS
DIGITAL SELF-ORGANIZATION
decentralized mutual fund
MUTUAL
INSURANCE
Practices close to mutual insurance have long existed.
Thus, its prototype was the settlement system: losses were distributed among all members of the community in accordance with prior agreements. For example, members of caravans divided losses among themselves. In England, friendly communities were created, whose members could count on a payment in connection with illness or death.
Communities of mutual insurance against fire were widespread.

Moba (Montenegro), "Avrut Adadit" (Israel), Talkut (Finland), Talaka (Belarus), Mahalla (Uzbekistan)... In the history of every nation there is a historical experience of effective self-organization.
Modern technology has opened up qualitatively different possibilities for solving such problems. A good example is the People's Insurance Funds in China, recently banned by the government. Using a smartphone app, participants would register prearrangements and collectively finance a person in need, dividing the damage among everyone. For 15 cents a year, a participant received $60,000 worth of insurance coverage. And the largest platform served 100 million people.

These efficiencies made no sense for insurance medicine and the entire financial industry in China. The insurance companies were banned by the government. On average, such platforms in China took about 8% of the funds collected (insurance companies have higher costs - in the U.S. they are 12% to 18%, in general about a third of U.S. health care spending goes to administrative purposes).
ADVANTAGES OF
DECENTRALIZATION
Unlike traditional ones, a decentralized treasury has no structure, no form, and no boundaries. It cannot be banned or destroyed. It does not require a constantly replenished fund. It has no operating costs, and relations between participants are referential, voluntary, transparent, parity and self-regulating. The number of participants is not limited in any way.
A decentralized self-help fund is a reference list of people (who know each other personally or through mutual acquaintances) who are connected to each other by voluntary intention. When an insured event occurs, the participant's activity or inaction forms his or her reputation. A self-regulatory process is ensured by a specially created program.

Referentiality and reputation are a necessary and sufficient condition of mutual trust among the participants of the network community. Trust is a necessary and sufficient condition for the development of direct cooperation (called by futurists p2p economy, Economy 3.0), in which the benefit of everyone is obvious and calculable.
The purpose of decentralized "people's insurance" is the same, as the usual one - to redistribute the damage of one among as many participants as possible.
THE IDEA IS
The method of self-organization described below opens up possibilities for the emergence of a global decentralized social network of mutual trust as an alternative to existing hierarchies.
FREEDOM
SELECT
The model of coercion nonviolently transforms into a model of consent naturally, for it is scientifically proven that everyone is connected by five handshakes.
OPEN SOURCE
The condition for decentralization is that there is no advantage of one over the other - the software is open source and has no ownership.
How to create a decentralized mutual fund?
Friends&Family
The existing trust relationship (Friends&Family) needs to be recorded as a smart contract. This is done by sending invitations using the Telegram the Telegram bot @ArvutAddBot.

The accepted invitation forms a two-way "intent" smart contract. Since everyone's number of trusted connections is limited to a conditional circle of his relatives and friends, the Avrut Addadit bot automatically generates smart contracts based on the "my friend's friend is my friend" principle. That is, if my friend on the list creates a new smart contract, the bot will automatically link me to the new member, and his to everyone on my list.
01
SMART CONTRACT
A reference list where all participants are linked by p2p smart contracts forms a distributed data registry. A smart contract is registered with a notional amount of 100 euros, preset in the bot for convenient modeling.

The number of smart contracts of a participant determines the potential amount of his "insurance". If a participant's list contains 1000 people, he can count on 100.000 coverage, which is significant for each new participant. From a certain point the number of participants will increase hyperbolically.

With the help of the bot the participant can inform everyone about the insured event, the amount of damage and the link to the chat for discussion.
The functions of the Avrut Addadit bot are described in the bot's FAQ and on the githab.
02
The task of the participants is to form as large a list as possible before the "insured event" occurs. If all participants are active, the list will grow dynamically.
SOURCE
When an insurance event occurs, the Exodus bot @exodus_commitbot is used.
The bot allows organizing fundraising in case of an insured event and regular financial support (similar to Patreon). The bot operates two types of smart contracts: "intention" and "commitment", notifies and generates an archive.

The intention can be edited or withdrawn at any time.
The commitment cannot be withdrawn and must be executed.

The fulfilment of the obligation (financial settlement) takes place by agreement of the parties outside the bot. An obligation is considered fulfilled when it is confirmed by the other party.
03
When an insured event occurs, inactive participants "drop out" of the lists - smart contracts of intent are revoked with them, and active participants earn reputation by fulfilling the obligation.
SUMMARY
The social innovation is presented in the stage of completed R&D with working prototypes of bots and Exodus platform with open code and API.

The developed telegram bots allow any user to create a decentralized mutual aid fund right now. However, the bot's interface limits its use. The core of the developed Exodus platform contains a holistic service system for the decentralized community.

The user interface needs to be refined. In addition, the platform is implemented as a centralized solution that is hosted on a hosting service. It is vulnerable on a "single point of failure" principle, i.e., technical failures of the provider or administrative bans can completely stop its operation in an instant.
As an alternative, we offer to help us implement a distributed system for users' mobile devices without a single centralized data repository.
DEVELOPMENT INVOLVEMENT
EXODUS PROJECT
Mass self-organization requires two tasks
01
TECHNOLOGICAL
Using off-the-shelf software development as samples to create a user-friendly smartphone app.

The application should have no central server and no ownership. Since the way to store data in the described scenario is a distributed registry, there are probably ready-made solutions among tools using blockchain technology.
02
MARKETING
To create a cultural phenomenon by disseminating the scenario described in various forms of this way of decentralized self-organization.

All materials and software developments are free for copying, modification, and distribution and are an open source product.
LEAVE YOUR REQUEST
THE "EXODUS" FOUNDATION WAS FOUNDED BY A GROUP OF LIKE-MINDED PEOPLE IN 2020.
IT IS THE RESULT OF THREE YEARS OF ACTIVE WORK IN THE AREAS OF CULTURE, ECOLOGY AND SOCIAL INNOVATION, WITH THE AIM OF SUPPORTING AND FURTHER DEVELOPING THESE AREAS
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