OliveCoin: A Token Concept Inspired by the Global Production of Olive Oil

Author: Abdulrahman Akram Ali
Date: 23 May 2025

This is not a technical whitepaper nor a formal proposal, but rather an open idea - a concept I’ve been thinking about and would like to share with the world.

I come from a background far from blockchain development, but I’ve always been inspired by the deep connection between nature and value. One idea that kept growing in my mind is a digital currency that reflects the annual production of olive oil.

The core idea:
Imagine a token whose issuance each year is based on the amount of olive oil produced globally. Like Bitcoin’s mining process, the token would be distributed in a fair and transparent way, based on real-world contribution.

For example:

Each year, a small percentage (e.g. 2%) of the total supply of this token is issued.

That amount is divided proportionally among producers according to their share of the global olive oil output.

The total cap of the token can be linked to the number of olive trees estimated worldwide and adjusted based on ecological reports.

This system might allow farmers and producers especially in traditional olive-growing regions to benefit from a parallel digital economy, where value is derived from something both real and essential.

I’ve named this idea OliveCoin (OLC), though the name itself is not as important as the spirit behind it.

I share this concept not to claim power or profit, but in hopes that it might inspire developers, economists, or visionaries who care about sustainability and fairness.

If this idea ever finds its way into a real project, I would appreciate being acknowledged as the one who first wrote about it publicly.

The olive tree has always symbolized peace, patience, and resilience. Perhaps its oil can one day light a new kind of digital future.