The document introduces PHIECONOMY, a purpose-driven economy focused on achieving the UN SDGs by 2030. It is based on a new theory of value and economic framework using blockchain, proofs of work, and the Phi algorithm. The current economic system is challenged to solve issues like inequality, poverty, and unemployment. New technologies could help address global challenges if applied appropriately. PHIECONOMY proposes issuing cryptocurrencies through proofs of work tied to social and environmental goals to incentivize contributing to the SDGs, ensure a basic income, and redistribute wealth more equitably.