Definition of Period

DoublePenniesOnline LLC is an Economic Research and Development Services platform (NAICS 541720).

DoublePennies.Online™ is carefully modifying and applying some parts of this concept to test it as a real-world application. The most important major modification that one needs to be aware of is the change on how time - that is, Days - affects the concept and why the major change that is being made is to convert to Periods from Days.

It’s Going to be Periods - Not Days

It is virtually impossible to guarantee that a penny can double automatically each day or more in the real-world.

Therefore, DoublePenniesOnline LLC is converting the doubling of pennies into Periods instead of Days.

Why?
No one has come up with a solution to double pennies automatically daily, as well as guarantee it to happen - especially if extending out to as much as 30 days. And we do not have the magic or mechanism that will allow the doubling of pennies to occur whether it is in the tens, hundreds, thousands, and millions of dollars. No one can guarantee in the real world that they can double any of these amounts consistently on a daily basis.

Therefore, for our purposes in order for the double pennies theory to work, we had to create a version of it that can work in the real world. Hence, Day 1 will now be Period 1, Day 2 will be Period 2, and so on and so forth.

What is a Period?

A Period, for our purpose, is taking the place of a Day, from the original idea, and will not be committed to a specific time for the number of double pennies to be deposited into its assigned Period. The total pennies to be doubled and deposited into its assigned Period will be dictated by the real-world - which is considered to be the open market that is controlled by supply and demand.

Based on the market’s participation, the assigned number of pennies per period could take seconds, minutes, hours, or continue on out to weeks, months, years, etc. However, our goal is to see that each period is done within a “reasonable amount of time.” So, what is considered to be reasonable? Well, we don’t know until we test our concept in the real-world! We are speculating that it would be sooner than later. Therefore, what will dictate when a period is going to be completed will simply depend on the market’s supply and demand to participate in this experiment.

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