Benkiko, a micropayment protocol building on Stellar, is evolving to a decentralized autonomous organization. Its core innovation is a six-tier tokenization economy where communities create and trade custom tokens representing any item of economic value. The model draws from economic theory around monetary demand and peer-to-peer exchange, enabling micropayments, community economies, and full token-based systems.
Benkiko transitions from Benkiko Finance to BenkikoDAO, shifting to community governance while expanding its tokenization vision. The 6-tier economy model enables communities to issue custom tokens representing any asset or service of economic value. Built on Stellar, the system treats all transactions as peer-to-peer barter with digital atomicity, allowing communities to create micropayments, internal currencies, and full token economies. The vision is inspired by monetary theory from Chicago School economists including Milton Friedman, treating tokenization as a way to democratize financial infrastructure. The roadmap includes non-custodial services, DApp ecosystems, and DeFi borrowing/lending starting with the Homestead and Nairobi upgrades.