Using South Korean toilet BeeVi can earn digital currency
Have you ever thought that you will earn money just by using the toilet? The idea sounds crazy, but it has actually been realized thanks to the latest invention toilet BeeVi of Cho Jae-weon, a professor of environment and urbanism at the Ulsan National Institute of Science and Technology (UNIST).
Cho Jae-weon and his invention
South Korean toilet BeeVi turns excrement into power and digital currencies
You must be very confused about how this toilet will work and how can you make money? First, this is an energy-saving toilets product that allows people to earn digital currencies by using them.
Installed in a building called the “Science Cabin” on campus in 2018, the three toilets use vacuum pumps to send waste into an underground tank, reducing water use. They are connected to a laboratory that uses human excrement to produce biogas and chemical fertilizers.
In addition to powering a building, this special toilet named “BeeVi” – a pairing of the words “Bee” and “Vision” – also allows the user to earn a The digital currency is called Ggool, which means “honey” in Korean.
This is Professor Cho’s idea of encouraging people to respond to his initiative. Each eco-friendly toilet user will earn 10 Ggool/day. Everyone can log in to the fSM platform online or on a smartphone app to use it. In addition, users can also share their Ggool with others.
Ggool is used to buy groceries sold at the university, such as coffee, fruit, instant noodles, or books. Transactions are made very simple by scanning the QR code.
Women take a look at items at a faeces currency market at Ulsan National Institute of Science and Technology (UNIST) in Ulsan, South Korea
“I wanted to make a currency whose value standard is inside a human being”, he said. “FSM’s value lies within just a human being itself, not from gold or labor. Everyone has to poop, and if we give value to human poop, that means everyone is valuable. That’s where it started.”
However, Ggool coins cannot be cannot be converted to South Korean won, and 7% of the coins people earn are taken out of circulation every day.
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