What does Mincoin fund?

Name the accounting object before naming the market.

A proposed unit

For this course, Mincoin is a proposed interface for coordinating support around bounded projects. It may display contributions, work, and allocation rules. None of those displays automatically creates equity, debt, wages, ownership, or a claim on profit.

The state machine

A work receipt can move through: submitted → evidence review → accepted energy → payable under terms → settled, rejected, or disputed. Only an explicit agreement creates a payment obligation.

Capital classes

Keep settled cash, recorded external contributions, prepaid energy, unpriced inbound assets, reserve, and symbolic/demo values in separate ledgers. One comforting total is how accounting starts lying.

Do the work

Create a six-row ledger for a hypothetical project. Add one example of each capital class and state what evidence would upgrade it.

Falsifier: If the proposed unit cannot be explained without saying “trust the market,” it is not a funding mechanism yet.

This lesson is a case-study instrument. It is not individualized financial advice and does not create an offer, security, token, entitlement, or payment obligation.