W3$ the web money project – a new monetary system/currency for monetary order – to be presented in Davos, 2012

CLBR-PRN-20110731 July 31st, 2011 16:00 HORALOCAL

Rio de Janeiro, July 31, 2011 – Luís Peazê, CEO-Editor and founder of CLÍNICA LITERÁRIA (Literary Clinic) - consulting, translations, publishing and news agency Ltda, has launched W3$, an ambicious project aiming to present it at the World Economic Forum, in Davos, 2012.

Inspired by the IdeaLab from the SCHWAB FOUNDATION FOR SOCIAL ENTREPRENEURSHIP, a global entity founded by Mr. Klaus Schwab, who also founded the wellknown World Economic Forum, Peazê´s project W3$ is designed interily to the Internet and the Web.

W3$ is a whole new Monetary Base, a new Monetary System which goal is to generate a (new) Monetary Order through a brand new and unique Currency Exchange System. The broad idea of Peazê is that economically and financially the world has evolved to a whole new scenario ever seen, since Bretton Woods (July, 1944); the monetary base (each and all of them) in place worldwide today faces ongoing severe stress, and, the worst of all, no one knows until when; the internet universe is a reality of unique kind, a digital reality; it is impossible to live without it; unanimously worldwide it has been said the digital inclusion is a must with one way ticket; thus based on all of this but not limited to, it is time and there is a strong ground base to bring about a whole new monetary and value exchange scenario; fair, safe and consistent, a "new" Monetary System supported by a (new) World Digital Reserve Bank – WDRB.

Peazê also inspired his study, the source of his w3$ project, on works of majors scholars and money market expert including Professor Nouriel Roubini, who has predicted in 2006 a looming crash of the global economy, beginning with the U.S. housing market, and Prof. Nail Ferguson, author of The Ascent of Money, among many others. More about the W3$ at www.luispeaze.com/w3$.

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