Fair.coop is an open global cooperative, self-organized via the Internet and remaining outside nation-state control. Its aim is to make the transition to a new world by reducing the economic and social inequalities among human beings as much as possible, and at the same time gradually contribute to a new global wealth, accessible to all humankind as commons. Fair.coop understands that the transformation to a fairer monetary system is a key element. Therefore, Faircoin was proposed as the cryptocurrency upon which to base its resource-redistribution actions and building of a new global economic system.