Love this initiative. I would consider changing the requirements of the pledge to not convert at least a significant portion of Monero sales (maybe holding/spending at least 50% of the XMR?). I know some businesses currently that do hold or spend their Monero with other Monero accepting businesses, but have to sell a portion of it simply due to the need for fiat for some things that Monero is not accepted for. In the future as more businesses take the pledge, maybe it would be easier to never have to sell any of their Monero and keep it all within the circular economy.
Good idea, should really define "profits" in point #1 as this could mean net or gross. My thoughts was net profits so that businesses could still pay suppliers, etc if their business was dependent on fiat payments. I'll update the text now 😅
Monezon.com has now added the insignia to their site.
Thanks for letting me know. I'll add them to the listing on this post! 🙌
Love this initiative. I would consider changing the requirements of the pledge to not convert at least a significant portion of Monero sales (maybe holding/spending at least 50% of the XMR?). I know some businesses currently that do hold or spend their Monero with other Monero accepting businesses, but have to sell a portion of it simply due to the need for fiat for some things that Monero is not accepted for. In the future as more businesses take the pledge, maybe it would be easier to never have to sell any of their Monero and keep it all within the circular economy.
Good idea, should really define "profits" in point #1 as this could mean net or gross. My thoughts was net profits so that businesses could still pay suppliers, etc if their business was dependent on fiat payments. I'll update the text now 😅
It would be interesting to think of a way to include businesses that make a "best effort" to fulfill a circular economy pledge. https://x.com/CoinCards/status/1800183870014488940
Yes, that could be helpful for those who seek to grow into the full MECP - I will do a separate post/graphic for that.
I intentionally included the Adobe Illustrator file in the drive link so that people could modify the insignia if they wanted.
It's needful to keep the definitions around these things narrow if it's going to be effective or mean anything.
Thanks for spreading the word! 😁