A community oriented monetary system that Panamericana presented in one of his posts, was a great inspiration and one he made real in Delta-Team network which I tried and now together with him we are trying to build it to a larger platform.
The problem with trade is that if you and I want to trade we both need to have something the other one wants and would trade for what we have to offer. This problem can be solved if the trading is done not between two persons as it would be expected but among a ring of persons.
Person A provides Web Design services and needs a Gardening Book. Person B provides Graphic Design services and needs some Web Design services .
But if we introduce a 3rd person...
Person C has a Gardening Book and needs some Graphic Design services.
Person A provides the Web Design services to Person B, Person B provides the Graphic Design services to Person C Person C gives the Gardening Book to person A.
The ring is closed.
If members of a network have a Wish List and a Gift List, and a barter program runs through them finding the possible rings the possibilities that what one wants is not available to be given and the possibilities that what one has is not wished to be gotten are reduced drastically. It can be seen as a synchronic pay-it-forward ring, a pay-it-forward-now ring.
Wish/Gift lists can include products, services, futures(promises), even currencies.
course that if Person A has currency and wants a compass and Person B
wants currency and has an extra compass they could just trade directly,
that would be more efficient one would think. But how many people have
their needs satisfied in the transaction? Only two.
What if: Person A gives the 50 Credits to Person C Person C gives a blender to Person D Person D fixes a lawn mower for Person E Person E gives a water filter to Person F Person F gives 50 Credits to Person B and Person B gives the compass to Person A.
Person A gets the Compass and Person B gets the Currency, but six people have their needs satisfied instead of two.
These trade rings not only make possible trades that would be impossible between two persons, as in the first example, they also allow for trades that are already possible to be arranged in a manner so as to enable other trades that would be impossible even using the ring method, thus maximizing the amount of needs in the community that are satisfied.
rings can be arranged by members, but if a network has hundreds of
members and each member has several items in their wish/gift lists it is impractical for a person to deal with such amount of data. Thanks to computers, that's not a problem, wish/gift lists can be searched by a program for the largest possible ring, making this system scalable to any network size."
I think this system has the potential to change the world from a paradigm of scarcity to one of abundance, and also the potential to outcompete both Craigslist and E-Bay.''
The People's World Bank - Collaboration - What he created in Delta Team and we are working on to consolidate in E4E.
So here is how it works,
A group of EVOKE FOREVER Agents will give Network Credits(NC's) to Evoke agents for posts they find of value, the receving agents will post the awarded post in the E4E network http://evokeforever.groupsite.com so as to make sure the awarded post is available to the E4E Agents independently of what happens to the Evoke post after the 10 weeks are gone.
Then, the agents post their Wish and Gift lists in the EVOKE FOREVER Delta Team webpage: www.delta-team.ning.com using the Marketplace application, which allows them to post a Wishlist and Ads offering products and services, as well as searching the ads and wishlists.
An example Wish List would be like this:
WISH LIST Math cla**** 10NC /hr Graphic Design 10NC /hr Windows troubleshooting help 10NC /hr
An example Gift List would be like this,
GIFT LIST Hindi-English translation 10NC /page Web Research 10NC /hr English proof-reading 10NC /page
So there, the E4E Agents will be able to: -Earn credits trading products and services for Network Credits, -Barter. -Exchange credits for products and services
The E4E Agents will also be able to award credits to E4E or Evoke posts and to receive credits awards for their posts.
:-) wish lists and contributions are already in the making.
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