Toz Cash
2009.11.21 17:30
This was an experimental community currency. The idea was to have a local currency backed by both US dollars and silver bullion, and allow the notes to be traded for either at any time.
It was ultimately discontinued due to the costs of printing, security, and the skyrocketing cost of obtaining the silver at the time.
The project involved research into anti-counterfeiting and accessible design, printing and market research.