The Great Work From Home revolution and how CityCoin could play a role in changing the power dynamics of who the power player cities are

  1. Subsidized professional networking spaces: With a new influx of people in various industries migrating to cities that may not be familiar with the local scene there needs to be a way for cities to show their value to their new residents. The reason for an initial move may be things such as tax differences, lower cost of leaving, and better weather but what keeps a person in a city is roots (friends, family, community, etc. ) In the new world cities will have to compete to create these things or risk losing populations to better places and eroding tax basis. One way to do this is to provide networking opportunities and ways for new residents to truly get to know where they choose to live. This can be hard and usually, relationships come through workplaces but in a remote world, you need to change the game by fostering connections that would not normally happen and allowing people to really form a connection with their city. Subsidized networking spaces could allow for city officials to connect with their constitutes regularly to ask for what they want to see developed. CityCoin could provide an avenue for funding new projects. For example, say a city needs a new recreation center that has attracted many new residents but doesn’t have a forum to express their plans and advantages the project could linger and go unnoticed for years. This happens all the time in the current environment but flip the script and create a forum to bring the community together get new and old citizens involved and figure out what really matters and let innovation take its course and you get a true peoples government vs political talking points with nice ideas but no action.
  2. City redevelopment and revitalization funds to repurpose unused office space: Office vacancies are up in many major cities and even though some organizations are trying desperately to call workers back to offices many are running into walls with this hence why many are looking at hybrid and full remote options. this means footprint cuts and less need for high-priced commercial spaces. Companies are experimenting with what I would call swing offices where they rent a shared small space for monthly meetings but spend the rest of the time working from home. These new practices mean a lower average level of corporate and luxury type office space in places where space has always come at a premium. City redevelopment and revitalization funds give cities a way to find repurposing of the spaces. Some potential could be temp housing for homeless populations that need to get back on their feet, industrial development spaces to provide business and innovation centers for underprivileged communities, etc.
  3. City professional growth grants to attract those remote workers from non-standard industries that can bring new job bases to locations: Many cities and towns want to grow their populations and offer grants and payments to people who come to live there this may be good for an initial attraction but with CityCoin they could go beyond this. For example, offer a CityCoin grant for non-traditional industry professionals to come there and offer a reward if they can help establish new opportunities for the local residents or potentially bring in other contacts in non-traditional industries diversifying and growing cities and towns into more diverse communities with greater opportunities and reason for people to come.

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