Council Members and the TAO: TEL Harvesting Activities and Benefits

The following section first describes the factors that encompass all aspects of the material, social, and institutional environment which set the context for the Council Members and the Telcoin Association Operations UAB (TAO) to harvest TEL from the Telcoin Platform. We then provide an overview of the TEL harvesting levels and interactions by Councils Members and the TAO, and propose evaluative criteria that could be used by to determine which outcomes the community would deem satisfactory.

Telcoin Platform governance is constituted legally as the Telcoin Association. The regime is a polycentric, democratic system of self-governance in which the four constituent Miner Groups elect officials to a diverse set of global, local and cross-jurisdictional Miner Councils who each possess considerable autonomy to make and enforce rules within their own circumscribed domain of authority.

Miner Councils set, enforce, and refine the day to day operational rules for interacting with their jurisdictions of the Telcoin Platform, including setting TEL harvesting rules. The TAO, the Telcoin Association’s wholly-owned production and administration unit, serves to produce and administer collective goods at the direction and financing of the Association.

A diverse set of policy-making organizations, composed of elected officials from each Miner Group, who set and enforce the operational rules for interacting with the Telcoin Platform.

The rules, set by Miner Councils that define who may harvest, how much TEL from the Telcoin Platform, based on what formula, by what means, using what technologies and the infrastructure involved in the infrastructure involved in the allocation, storage, distribution, extraction of TEL by miners.