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Ipparts Exchange (IPPAEX)

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Reasoning in favor of IPPAEX

Much of the trouble in the world, is caused by socialist/capitalist and marxist conviction in, only the labour theory of capital. To summarize, in Plato's book The Republic, Socrates said "gods and goddesses" have good ideas, changing society. Before the Eucharist/Mass, people with good ideas, who changed society, were murdered/sacrificed and their ideas were developed. The Eucharist/Mass changed murdering/sacrificing to ostracism/excommunication/outlawing. Currently, stock exchange companies develop ideas gathered with the "intelligence" system from people with good ideas. In capitalist/socialist countries, the-honest people with good ideas, often become vagrants, due to ostracism. Groups, for example the free-masons, focus on the gathering of good ideas whilst their members must "work", not developing their own ideas. Good ideas are gathered from society, by such groups, and distributed by the top leaders of the groups, among their members, for development. Because such groups are close to the fiat money generating system, they develop most ideas, whilst fiat currencies pay for raw materials and labour. The-honest, with good ideas, not being part of such groups, thus, do not have much chance of developing their own ideas, because they do not have access to group power. Group membership usually requires some or other lie to be a member.

The industrial revolution caused much unemployment and eventual wars, because the rulers then convicted only in the labour theory of capital. Politics did not adjust to new unemployment, except in communist countries where the labour theory of capital was adjusted, saying all people are equal, in the sense, those who labour, did not have the same privileges they enjoyed in capitalist/socialist countries. Currently, something similar is happening as during the industrial revolution, with artificial "intelligence", partly causing unemployment and possible wars. A cause of it is Old Testament conviction, that, dignity and respect are earned by "working" six days a week and resting one day, without considering "working", often is the development of "imparted intelligence". A new logical term, published during the 1990s, indicating a societal syndrome, called Caiaphas Syndrome, is also relevant. Karl Marx and Engels e.g. who published a book called Holy Family, indicated symptoms of the syndrome, whilst referring to the Bauer brothers. In capitalist/socialist utilitarian constitutions, "imparting of ideas" is a "human" right. "Imparting of ideas" is evil, requiring dishonesty. Ideas are common property, due to fallacious utilitarian philosophy/religions. The "human" right, centralises, most good ideas for development, at a privileged few deceivers, close to the dominant monetary system, via the "intelligence" systems.

IPPAEX is built with the belief, people who produce intequity (capital of ideas), caused by honesty, should be considered more favorably than currently. People with good ideas, from whom ideas are "imparted", should have opportunity to develop their own ideas, because they comprehend it best, with others. For that to happen currency however is necessary. IPPAEX aims to supply that currency. The way currency enters societies should change. IPPAEX focuses on new ways, capital is activated in societies, with the emphasis on intequity (capital of ideas), combined with labour.

With regard to politics, convictions about "making a living", based only on the labour theory of capital, cause many false theories and unnecessary products, which are bad for the environment, and health of societies. The words "job", "work" and "labour" should be redefined to include more recreational activities, due to artificial intelligence, causing unemployment. IPPAEX can play a role with regard to such a redefining of words, supplying capital based on new definitions. An idea is, for example, to monetize brand values, which are not based on only maximum profit and dividends.

Description of IPPAEX

Ipparts Exchange (IPPAEX) is a crypto-currency exchange where brand tokens can be listed and developed. Especially small and medium enterprises, with good ideas, struggling to raise capital for development, can consider listing a brand token. It is interest free capital and holders may not apply for liquidation, like lenders can. Selling part of a brand, means the part cannot be sold again in future, as a going-concern. If a going-concern is sold in future, the holders of brand tokens must be respected. The going-concern selling value should therefore theoretically decrease.

Requirements for listing

The requirement for listing is goodwill; a long term view and sufficient uncapitalized Intellectual Property and genuine good ideas, to back the tokens. Brand tokens are contractually backed by 48% of the difference between the net book value and the "going concern" value of an organisation. The difference-value exists primarily because self-formed Intellectual Property may not be recorded in book value, unless sold. IPPAEX makes it possible to sell part of the difference-value without selling a "going concern" as a whole. It is also a good way to form awareness about a new brand.

Africahead will form the token on the Ethereum blockchain or advise about the formation of the token, if required.

To list a brand token on IPPAEX, Moyom (MYM) utility tokens must be purchased. Contact Africahead to get a quotation about the amount of MYM to buy, and to get more information about listing a brand token.

Distinction between utility currency and brand tokens

MYM is a universal utility token, to be used for any payments. MYM is used on IPPAEX to buy brand tokens. Until MYM is fully liquid, the capital raised on IPPAEX, in the form of crypto-currency, will be with other liquid ERC20 Ethereum tokens and ETH. Currently some, of each brand token offered on IPPAEX, must be listed, to be exchanged for MYM.

Brand tokens are comparable to shares. MYM is comparable to money. Brand tokens are not securities though, because the theories, backing the tokens, are not necessarily based on maximalist theories, used to value securities. A non-profit organisation, for example, can have a brand value, and its brand token will not be a security. Anyone considering a listing of a brand token, backed by maximalist theories, should make sure, securities law is complied with.


The word ipparts refers to Intellectual Property parts. International Accounting Standards prohibit the capitalization of most self formed Intellectual Property, on balance sheets, with accounting entries. Therefore the only way to capitalise goodwill is to sell it, and have others sharing in it. It is partly the reason for large differences between net book values of listed stock companies and their market capitalizations. Ipparts Exchange is an exchange for ipparts, of organisations, which do not have their intellectual property, monetised elsewhere. Let's say hypothetically a large listed stock company decides to list ipparts. Unless shareholders agree to selling ipparts, representing intellectual property, the company will have to issue all ipparts to existing shareholders, similar to a rights offer, because shareholders already own the intellectual property, with the value reflected in the market capitalisation.

Ipparts are only applicable at brand tokens and the number of ipparts of a token must be expressed in words, in order to use the quantity theory to calculate the value of an ippart, by dividing a value by the number if ipparts in one calculation. Cryptocurrency tokens can have large decimal numbers, which make the calculation of value per smallest unit (ippart in the case of brand tokens), insignificant. For MYM, the utility currency of IPPAEX, the quantity theory of value is not as relevant as the supply/demand theory, because MYM has 18 decimals and a very large number of authorised tokens. The number of smallest units (not ipparts) of MYM cannot be expressed in words.

To comprehend better how IPPAEX works, read about the brand tokens, listed below, and Moyom (MYM) utility token.

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Articles about Brand Tokens

NB: Developing Ipparts Exchange (IPPAEX), MYM, and the brand tokens listed on IPPAEX are long term projects. No guarantees are given and the tokens should not be bought for retirement purposes or for short term profit.

Ticker Symbol & Trading Brand & Terms Twitter Tag Twitter Handle
AFA Africahead Ipparts logo image Africahead Ipparts $AFAipp @mdpienaar
Ticker Symbol & Trading Brand & Terms Twitter Tag Twitter Handle
DiP Divided Party logo image Divided Party $DiPtok @dividedparty
COPYRIGHT ON AN IMAGE & NAME plus URL plus application of an IDEA
Ticker Symbol & Trading Brand & Terms Twitter Tag Twitter Handle
N/A e.g. fonetones logo image fonetones N/A @fonetones
Ticker Symbol & Trading Brand & Terms Twitter Tag Twitter Handle
KAE Triangle image Kaeuoi #Kaeuoi N/A
Tokens will be listed in alphabetical Ticker order in the different sections mentioned above and new sections identified.

Currently Africahead runs Ipparts Exchange on LedgerDex and TokenJar:

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Issue Counter
LedgerDex logo
wallet to wallet
5 billion MYM in issue
0.000'000'1 WETH = 1 MYM

Issue/Exchange Counter
TokenJar logo
wallet to wallet
5 billion MYM in issue
0.000'000'1 WETH = 1 MYM

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