Urgent Evoke

A crash course in changing the world.

As any economist will insist, economic behavior is about allocating limited resources - limited resources including giving your fellow Agents a hand with this or that aspect of preparing their Evokation or some other aspect of their involvement on Evoke. To that end and to promote the exchange of goods and services among Evoke Agents (strictly within the Terms of Service), I'd like to invite interested parties to step forward and bank some Evokians to make this market possible.

How can you spend an Evokian? It will be an in game currency that can be used to negotiate services that promote the accomplishment of Missions, Quests, and Evokations. They can not be used to pay for votes. When spending Evokian, you must notify this post with the number of Evokians spent and what they paid for. For example, I don't speak Hindi so I asked Agent Y to translate a doc**ent and I paid him 4 EVs for his time. Or I needed some expert advise from an engineering Agent on what it would take to manufacture this product for my Evokation - since it took her three hours to research it for me, I paid her 6 EVs.

What is the exchange rate of EVs to services? That will be decided by the marketplace, but paying someone a billion EVs will lead to runaway inflation (and now you owe the bank and thereby your fellow Agents a billion EVs).

Can I run a debt? Sure, but I would encourage other Agents who want to engage in the marketplace to check on someone's debt burden before accepting payment.

How long will this economic experiment go on? Provided it is promoting exchange and not inhibiting it and the moderators don't object, I will run it (with help if anyone wants to help) through May 12th.

How will the accounts be reconciled? Once a day, I will go through the days posts, tally up who gave what to whom, and a list of participating Agents with their EV balances will be posted.

How many EVs do I start with? None. The first time you exchange a EVs for a service, you will owe the bank that much.

What other rules apply? Beats me. This is an experiment. I invite others to help me refine the idea.

Cheers,
Mark

Views: 148

Comment by Mark Mulkerin on April 2, 2010 at 1:27am
@Alchemy - Thanks. When the technology becomes available in 2020, we may even offer Mama Money Credit Cards. : )
Comment by steve ward on April 2, 2010 at 3:19am
i will pay you one EV just because of your plan and vision good job
Comment by steve ward on April 2, 2010 at 3:21am
EDIT: late night replace you with Mark Mulkerin
Comment by Kevin DiVico on April 2, 2010 at 3:33am
Look to what Entropia did ... Virtual world ...http://www.newsvine.com/_news/2009/03/18/2563295-online-game-gets-r.......

I would be willing to help in this experiment...
Comment by Joshua Z on April 2, 2010 at 4:00am
Wow Kevin, thanks for that bit of news about Entropia!
Comment by Nathaniel Fruchter on April 2, 2010 at 4:05am
An interesting experiment in a local currency! Might I suggest a template for currency updates? http://redct.info/filestore/Untitled%2520spreadsheet.xls
Comment by Mark Mulkerin on April 2, 2010 at 4:31am
@Nathaniel - Great. Thanks. I will put it to use.

@Kevin - Any help you want to give ... right now, if this is going to be more than a thought experiment, we need a critical mass. Perhaps we can even have more than one blog going on it - one to manage accounts and others to promote various services - a translations list, a tech help list, an artist list, etc. It would expand the reach into different communities, but allow for a common means of exchange ... thoughts?
Comment by Kevin DiVico on April 2, 2010 at 5:25am
@Mark....look to setting this up as a wiki, allowing for all those categories and lists you mentioned, this evoke interface is to distributed... I also suggest looking at forms of communities currency aka Ithaca Hours (http://en.wikipedia.org/wiki/Ithaca_Dollars) as well as this list of currency's nationwide in the US...http://en.wikipedia.org/wiki/List_of_community_currencies_in_the_Un...

Also read the book Wikinomics...also whats the basis of value here... barter of services, time based currency, reputation based currency... a combination of all three?

what do you think...
Comment by Kevin DiVico on April 2, 2010 at 5:33am
Brian Ballsun Stantun posted n excellent proposal ona Evoke + network, combining vpn, augmented reality, etc into a way Evoke agents could interact in the real world and know who we are ... you could adapt something like that as well for a system like this ....I have a blog post on a VPN knowledge network...I call it Veda http://www.urgentevoke.com/forum/topics/veda-a-call-for-collaborati..."
Comment by Mark Mulkerin on April 2, 2010 at 5:40am
@Kevin - I will give Wikinomics a read. I'm inclined to say combination, but let me read the book so we have a common reference.

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