A crash course in changing the world.
I find paying for goods and services using e-money is such a rigid and formal process. Will we see other systems of trade emerge as e-money replaces cash? I decided to look at de-centralised, unmonitored methods of trading services, which resulted in an experiment called the favour bank. The favour bank works on a currency of favours. If you need a favour you can take a contact from the bank as long as you replace it with a card containing your own name, contact details and expertise/ interests. It aims to encourage more collaboration between people from various disciplines within the Royal College of Art. To launch the experiment and get favours into the bank, I made waffles and sold them for favours one pleasant afternoon. This generated a total of 41 favours for future interactions.
~~
I think this is a fantastic idea. I have always said how we should be able to just work together instead of being so focused on money. This could bring people together and work better together and be beneficial for everyone. There are so many people out there with amazing skills but who have no money to showcase them. This is a great way to fix that.
© 2024 Created by Alchemy. Powered by
You need to be a member of Urgent Evoke to add comments!
Join Urgent Evoke