Token Tile Debit (Lease Tokens) FAQ
- Q1: What if there are lease holders in my building already?
- A: With this case add all of the leasable tiles as lease
agreement parts yet consider already leased tiles as under repair when
calculating the floor price in the formula on the accompanying page.
In other words, consider them identically to those units that are
unoccupied for some reason. Another better still solution if they
agree, is to renegotiate their lease with the option of paying in
tokens for the remaining period or more.
- Q2: What if the building owner acquires all the tokens, raises the
lease rate, and then sells all the tokens before lease holders can move
out, lets the building deteriorate, further aggravating fleeing lease
holders, then drops the lease rate to buy up all the tokens again?
- A: Simulation should be done to find out all of the caveat's
and how to cope with them legally and at the exchange level. This
behavior is considered in the formula on the accompanying page.
Briefly, what would occur, would (_must_) damage the token. With a
damaged token, the lease could then be payed at below market value
simply by acquiring the then discounted token. If the building owner
then succeeds at acquiring all of the damaged tokens, they then would
be back to collecting cash only, while carrying a dead investment in
their now undesirable token. These would become completely
worthless eventually if the given tokens depreciate annually. If
the tokens had the annual extension option, over a long enough
period the lease holders might forget the incident, however the
damage (discount price) and also no availability for so long will
still show up in investor data about the token.
- Q3: How would the tokens benefit the economy vs. other tokens of
- A: Examples.
- Artist's, designer's engineer's and architect's could
flourish during the gentrification process by saving their
lease payment format. This so too for high quality niche
and specialty businesses. Meanwhile building owners and other
businesses would flourish.
- Construction and equiptment/materials/fittings boom for new
and retrofit buildings bonanza.
- End of price fixing. With a token of value that has solid
fundamentals, other such tokens that find wide scale exposure
can find a solid comparative value.
- Government and non-profit construction of such buildings can
be achieved at negative cost and fill coffers while providing
- Lease space availability with location.
- As well, Lease Tokens have a natural tendency to return to local
circulation as they are most valuable for the tile owner and
the lease holders. With more currency in use locally more
fulfilment of demand/larger economic volume is achievable.
- Q4: Would lease space not reach peak availability?
- A: Perhaps, however then new development would slow while
the optimum amount in the best location's would attract value.
Down pressure on this would likely occur as building owners/new
investors tussled with expansion vs. the value of tokens, possibly
resulting in limits on volume of new construction.
- Q5: What about underdeveloped and run down area's?
- A: With the gentrification fix above, the creative and
speculative would move in upping quality and the value of the local
token. A chorus for quality would be heard singing while local work
would find payment in the local token's that have guaranteed local
price affordability as well as the savings return with appreciation.
Increased job demand would prevail and remain. Any asymmetric
relation of nearby tokens would be balanced by symmetric availability
of products; in other words, nothing new,--stronger is equivocal with
- Q6: What about the fact that lease space in a building might be
unavailable even though a token owner had the tokens to pay for it?
- A: A token owner still needs a signed agreement with the
building owner to occupy and make payment on a lease. Those same
tokens can be traded however for cash or other suitable tokens for
lease payments at a different building.
- Q7: Is this not sci-fi? This has got to be impossible...
- A: AFAIK this is totally workable and there are no stoppers
that I can see so far. If speculation on the lease film's reaches
enough critical mass, I'm sure there will be legislative approval for
Token Tile Debit somewhere first, provided there is simulation proof's
in hand or otherwise.
- Q8: Are there not already enough strong tokens of value on the
- A: Debatable; however there are also a lot of weak one's on the
market looking for revaluation, yet there is little to trade them for
stock's, or some other mechanism that does not saturate, given the
immediate product amount necessary vs. price manipulation. One way
to limit the sum value of all token tiles that could be issued, would
be to first calculate the cost of the leased part of a given building
from it's percentage part of the going price. With this, a
determinable maximum floor price of the sum total token's issued for
given, provides the maximum usable lease length at current lease rate.
In this way it would also be easier to project the total sum of strong
value token influx expected. This also makes the
lease token comfortably insurable on
it's double full backing in two equivalent parts.
Some examples of setting lease length:
I set the going prices to divide evenly for the maximum year amount,
however in practice one can not do that. In other words, a years
worth of lease payments for the area leased may be quite a lot,
however any remainder of the percentage of going price would not be
tokenizable with a yearly rated token using this method.
BANK CO (8,910,000,000.00 going price)
.5 * 250000 tiles * 35,640.00(90*12*33) = 4,455,000,000.00 (33yr max/50%)
50*50(2500^m) * 50(/100) floors = 125000 tokens issued
1188 Hunterwasser (7,478,967,600.00 going price)
.1 * 104920 tiles * 71,280.00(90*12*66) = 747,896,760.00 (66yr max/10%)
41.01*31.98(1311.5^m) * 8(/80) floors = 10492 tokens issued
If you have any questions to add please send email to
email@example.com with "ttd faq" in the subject line.
this page last edited 26Apr16