Based on 1Q results and lessons learned, the 2Q Goals were revised:
1) Organizational Meta-Structure: Two loosely connected brands will be assimilated under tyaga.org. The first brand, satconomy.org, will become an independent ‘division’ that will continue to focus on the principles and requirements for the philosophical practice of the satconomy market framework. It is important to differentiate the satconomy.org brand with the comprehensive principle called ‘satconomy’, just as the brand capitalism.org is different from the concept of capitalism in general.
The commercial activities of the second brand, TDS, will now be tracked for the purpose of showing actual currency flow into and out of the tyaga.org entity. This meta restructuring is necessary in order to align the three brands’ missions toward the same direction and minimize conflicts of interest. This will also simplify the demonstration of the prototype Entity Module, since the current tracking of business activities will provide ongoing information for the effective development and testing of prototype systems.
2) Development Focus: There will be two focus areas for the second quarter:
a) Currency US$:Hour Unit Conversion – A user/reader friendly means for converting the currency inflow and outflow of US$ into tyaga.org hours will be developed. The most likely path would be to create separate tables for each currency unit that is recorded by an entity, in order to easily arrive at the cumulative currency activities separately and maintain the business tracking in conventional currency units that would have to be done anyway. The reader would be able to specify his or her own perceived US$:hr conversion rate, which the web application would then use to calculate and display the inflows and outflows, and credit and debit balances.
This change in approach could be likened to the adoption of a ‘transitional’ versus a ‘strict’ system specification. The former encourages existing market entities, such as TDS, to start issuing and accepting alternative currency brands asap even while transacting in conventional currrencies. The latter will provide better future compatibility but perhaps discourage early overall adoption of the satconomy framework.
b) System Configuration for a Sole Proprietor-type Entity – The effort to provide an open-ended, highly configurable system is not a sustainable means for developing and testing prototypes at this stage. This strategical shift drops the current considerations given to enterprise-like systems and reporting mechanisms, for which basic prototypes have already been developed but cannot be fully tested due to the lack of a user base. Instead, the TDS entity will be used as the basis for system development and configuration. This would simplify development since TDS only offers customized report writing and technical documentation service on a contract basis, so there are no inventory tracking issues to worry about. In addition, the accounting method used is cash-based.
With these revised goals, tyaga.org hopes to demonstrate how a market entity might begin transitioning into being able to issue its own currency brand, openly publish its inter-entity transaction books and promote its relevance to market sellers who just might be convinced to accept alternative currency brands.