The token of appreciation

Lotus is a priceless digital token that you can send over the internet to show your appreciation.

Society struggles with efficiently funding public goods projects — with allocating resources towards work that is desparately needed but has no direct profit incentive. To this end, Lotus was created. We believe that by reframing what money is, and challenging the ideas around how it is used, we can solve the problem of funding public goods.

Our goal is to show volunteers of charitable projects appreciation by distributing Lotus to them free-of-charge. And, as a culture, being willing to accept those tokens in return for things these volunteers need.

Our initial focus is on open source projects, and specifically the projects needed to make Lotus function and exist. However, we are looking for additional charitable projects who are willing to accept and use Lotus. We would love to speak to any volunteer-based projects that are interesting in participating. We have a particular interest in providing tokens to open source, schools, orphanages, doctors, and other public utilities.

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New Lotus are issued through rewards that are split between miners and projects which benefit the public good as a show of appreciation.
Whenever you use Lotus to appreciate your friends, you know that you're also supporting these great projects.

Our mission

Powerful symbol of appreciation

Every day, in our interactions with other people we have experiences that make life worth living. We say, “thank you” to each other. But, talk is cheap and words are fleeting. It’s easy for someone to express appreciation through words alone. How motivating is “thank you?” What if we could seamlessly back our words with something priceless? What would the world look like if we had a more effective way to express gratitude to each other? What if we could keep the “appreciation,” we receive, forever?

Eternal gratitude

The joy of giving and receiving

The Lotus Project believes that it would foster the spirit of reciprocity. We believe that it would guide people towards positive actions — and away from things that are not beneficial. And we are creating a way to do exactly that. Flowers are often given to show appreciation, but we cannot keep perishable flowers at hand. By tokenizing a flower, we can always have the symbol with us. Tokens take up no physical space, and do not perish. The lotus in particular symbolizes purity, enlightenment, rebirth, and regeneration. These are the values which this token seeks to represent.

Community first

Lotus is a community-driven innovation that will ensure that your gratitude is preserved forever.

The Lotus token ledger is maintained on a permissionless, uncensorable, and open blockchain which is maintained and enabled by software produced by the Logos Foundation. New tokens are minted through proof-of-work mining and given as a reward to the developers who lovingly produce the infrastructure which enables the token to exist and be transferred, and to the miners who carefully maintain the accuracy of the blockchain. This occurs through "block rewards", which are open and transparent. Unlike Bitcoin, which is a speculative asset, Lotus is priceless — a token of appreciation — having sentimental value. The reward schedule is programmed to react to changes in the demand for Lotus tokens and is inflationary. By being inflationary, there is no reason to hoard it except as a reminder of how much people value us. Lotus is not to be an investment, but our investments in each other will generate more Lotus.

Have a question? Check out our frequently asked questions to find your answer.

You will need to run Lotus Node on your computer. You can find instructions here.