“Gov Fund Rewards” is a rewards program for funding the government. You receive rewards when you fund the government via taxes, The Gov Fund, or both. The reward is a 1-to-1 distribution of USA, meaning you receive 1 USA for every 1 USD paid in taxes and 1 USA for every 1 USD contributed to The Gov Fund. Learn more below!
USA is a digital currency designed to replace the US dollar. It has a fixed, immutable supply of 30 trillion and is exclusively stored on the Stellar blockchain.
As the USA replaces the US dollar (USD), because Americans increasingly pay with USA instead of USD, the average American will experience less and less inflation caused by money printing, since the USA has a fixed, immutable supply.
All rewards are paid though the Rival Coins Wallet, a peer to peer payment app like CashApp, Venmo, Paypal, etc. There are two ways to get your USA rewards.
When you pay taxes through the Rival Coins Wallet, you automatically receive USA rewards directly to your Rival Coins Wallet. You can then transfer your USA to any Stellar blockchain wallet of your choice.
When you contribute to The Gov Fund from your Rival Coins Wallet, you receive USA rewards directly to your Rival Coins Wallet. You can then transfer your USA to any Stellar blockchain wallet of your choice. Learn more The Gov Fund below!
The Gov Fund is simply a dedicated Rival Coins Wallet holding donations for a particular government.
The goal of The Gov Fund is to change the government’s funding source from taxes to private funding. This allows the government to eliminate taxes because they now have an alternative, reliable funding source. Once residents realize how efficient the private sector can fully fund the government, a conversation can begin to explore other ways the private sector can make government services cheaper and more effective.
Rival Coins doesn’t make any money paid in USD. However, we hope to make real money with USA. We take an upfront payment of 30 billion USA (0.1% of the entire USA supply of 30 trillion). The rest of the 30 trillion USA supply is distributed as rewards as described above. In summary
In essence, Gov Fund Rewards allows the American people to gradually “swap” all their USD for USA, thus protecting themselves from the inflation caused by money printing.