G-Model: Debtless token ecosystems

Currently, the primary path to ownership of property is through acceptance of debt, through products created by established financial institutions under a cultural sphere of discussion on property prices, property returns and property ladders. 

Historically and currently, there are significant negative of debt accumulation on the individual & society. The g-model creates a framework to challenge the reliance on static financial products and move away from discussing property through market-centric understandings. 

The framework works within already proven functionalities of DLT.It proposes to utilize the transparency and capacity to raise and collate individual funds that distributed technology ledger (DLT) enables, which is a leap ahead of what current financial products offer. This can become a foundation for fractional property ownership, where rules and incentives can create dynamic ecosystems through multiple variants.

The problem is systemic, where the vast majority of home-owners are affected. The g-model dynamic aims to tackle the core issues, including:

• Replacing the requirement for debt for the purchase of property
• Provide an alternative/replacement to a housing 'market'
• Moving away from reliance on mainstream financial products

Successful outcomes include:

• Inability to achieve stable home ownership
• Various large positive knock-on effects helping to achieve a more just and equal society

The variants of the g-model initially hold a universal space and time to be adapted in local environments, which means they serve all potential home-owners.

The individual variants will appeal to specific circumstances. The cyclical variant is a potentially social enterprise-centric model, which promote a basis for other resources such as education, health, sports or other needs.

To describe the most common happy path of the Loop variant*:

1. A citizen who wants to become a property owner purchases tokens through a DLT that represent the funding of a property development.
2. The funding is used to develop the property will its design is voted on by all token-holders.
3. Once finished, select token-holders move into the residence and become residents, while token-holders not selected become non-residents.
4. Residents pay monthly amounts, including dividends, to non-resident token-holders to increase their fractional ownership of their home.

This is facilitated through adoption of the g-model framework and delivered through a DTL and shared platform.

*There are currently 3 variants of the G-model each with a number of user-paths.

G-model is creating a framework for a citizen-first product and design to replace current financial products. The introduction of shared ledgers can deliver a transparency and efficiency which provides the ability to become independent of typical financial institutions, 

Comparisons have been made about co-operative set-ups, which its a good initial comparison but do not consider the next level progress that g-models bring through for example the  elimination of the requirement for debt, cost-price property property, regenerative paths such as in the cyclical variant, and introducing unique investment actors  for example.

The 6 g-model principles and token-journey maps provide parameters for the adopted processes to ensure there is no drift from initial aims of the solution.

The g-models unique value originates on how its implementation adopts Distributed Ledger Technology. A sample of how it is utilized is by:

1. Raising funds through a token generation event to purchase property/development.The starts off with a token journey where token-holders get the right to design, reside, and leave the residence without acquiring debt

2. Creating efficiencies in raising funds in a transparent accountable way alternative to mainstream financial products

3. Through voting mechanisms providing citizen-first design, management and governance capacities for property developments

4. Creating fractional property ownership through the creation of Development Proportional Share (DPS)

5. Providing the ability of any token-holder to act as investors through their role as non-residents or investment units

6. Creating property to token-holders at cost-price

Note: Further insights are found @ https://g-model.io or medium article @ https://medium.com/@gmodel2019

The g-model helps address a host of problems, not just 'housing ownership'. To adopt the recommended Theory of Change methodology, let's say the problem is  specifically 'stress', 'income inequality' , 'debt', 'housing access for low/medium income earners', 'high-cost of housing' and 'sustainability'

G-Model Activities

Provision of g-model framework, variants and knowledge to 1000's of NGO's, Social Enterprises, and local governments worldwide

Outputs

Development of housing without the requirement of debt for its owners

Short-Term Outcomes

Less monthly payments as at cost price / G-model enters the public political debate / More SQ feet than typical average for residents / Further g-model developments 

Medium-Term Outcomes

More disposable income / Less stress / More public discussion on provision of housing as a right not a commodity / Pressures on other developments for more value / Housing prices fall as cost-price developments grow

Long-Term Outcomes

New understandings for sustainability / Fall in national homeowner debt amounts / Widespread change in conversations/ Change in public chat/debate from 'property market' to 'property zero-emissions design and provision'

Note: Although it initially presents itself as very technical in nature, when climatized to the DTL jargon, the g-model framework is very much a direct solution, embedded in already proven functionalities of DTL.

It will take approximately 1-2 years for the G-Model framework to be adopted for its 1st development. After initial adoption and growing awareness, further proponents would develop quicker as the G-Model attracts interest easier, influencing 10+ plus developments over the next 24-36 months and +100 plus developments over the following 3 years. This may affect 10+, 1000+, and 12000+ people over the next 2, 5, and 8 years respectively. 

There is the real potential for the g-model to go viral. Is so, it may serve  millions+ over the next 5 years as it is adopted by local governments, already development properties, and widely supported by NGO's, and interlinking property developments across cities and countries.

The evolution of the g-model into Part 1 & 2 supports how this can have a transformational impact on millions of lives. The G-Model may first evolve into 3 separate parts:

1. As initiative with growing and rounded expertise
2. DLT/Blockchain platform development 
3. Property development functions for its own developments

Part 1 & 2 will to act as a driver and facilitator for replication. To quote https://g-model.io, steering committees for g-model developments are:

'formed by the initial proponents....and may involve experienced individuals in the fields of architecture, property development, DLT, planning and other related disciplines'.

The g-model is designed for mass replication, as per https://g-model.io:

 'g-model attempts to hold a universal space and time, not specific to but to be adapted in local settings, using the principles as parameters'. 

The six principles act as a foundation and direction for proponents. The  g-model will involve setting a type of ISO standard for influenced developments.

There is a lot of barriers in all aspects of financial, technical, legal, cultural and market. The focus in the short term is which would be described as a a barrier is the technical design of the platform.

In recruitment stage for CTO/technical lead. Building of team of knowledge and insight will be vital to overcoming legal, cultural and market barriers.

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I have initially written the g-model over the past 9 months. I have refined my writings though discussions from 15+ people in the from the following fields:

• DLT/Blockchain
• Financial modelling
• Public Policy
• Community Development

I don't hold myself out to be the person to implement the g-model,  there will be proponents driving each g-model development in each locale, as per described @ https://g-model.io

I do hold myself out to be at the core of the further research and development, and promotion of the g-model as I have created the g-model from my own work experiences in Property Development, Economic Development, and human-centred design, and understand the underlying aims of the framework to keep it on track.

No partnerships at this time although there has been connects developed with many people in the DLT/Blockchain, Financial modelling, Public Policy and Community Development space. Partnerships will be sought primarily for:

• Research and Development
• Building Awareness
• Improve procurement for investment

The G-Model will evolve into 3 separate parts:

1. As initiative with growing and rounded expertise
2. A DLT/Blockchain platform development 
3. Property development functions for its own developments

Beneficiaries will be always be initially 'proponents' of the initial development, followed by the token-holders, such as low-income / middle-income home-owners. 

Resources, partnerships and activities as indicated. Canvas in progress.

Donations and grants will be required to bring this project to where it wants to go. Part 1 of this business model 'initiative with growing and rounded expertise' is initially not finance-intensive project.

Investment capital will be required in larger amounts as initial funding is required to build blockchain and platform capabilities.

In the longer term, revenue streams for proponent developments may come will small administrate fees from property developments. 

I am applying to Solve to help:

- Attract DLT/Technical/Blockchain talent and technical lead to build the technical specifications of the g-model.

- Evolve the project into an initiative.

- Promote framework and platform with other similar projects.

- Bring the project to higher standard for procurement of additional funding.

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Experts in the fields of architecture, community development, social enterprise, property development, and DLT/Blockchain.

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G-model fosters prosperity and social mobility for underrepresented community members as it can provide them with their own home which they can acquire ownership and hold as an asset.

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The g-model tackles head on the main problems of today buy reimagining debt, property and community design all in one, completely disrupting negative forces in todays society.

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