And thank you for posting that. One and half year ago we start our local currency in our coworking centre to facilitate interactions between our members and wider community. First it was simple spreadsheet in google docs and manual accounting:
Now we implement automatic system based on Community Forge solution, which we also integrate it with CiviCRM software to coordinate community and aplication that helps coordinate organic shopping of “food cooperative” that works around our centre.
Soon we will test cheap hardware solution, for our own SMS Gate integrated with all above. If you’ll be interested in results of our experiments, please let us know. We’ll keep you posted.
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On Fri, Oct 25, 2013 at 7:13 PM, Beth Buczynski [email protected] wrote:
Hi Will and all,
yes! I love when coworking spaces branch out into other types of sharing. Will, would you be willing to answer a few email questions about how and why you got this started? I’d also love to hear from other spaces (perhaps in the U.S. or elsewhere?) that have implemented something similar or are thinking about it. Would love to hear more about benefits versus perceived risks to the community, as Eli mentioned.
Feel free to reply on or off list!
On Thursday, October 24, 2013 6:06:58 AM UTC-6, Cristina Santamarina wrote:
Interesting experiment, please keep us posted! Encouraging the members to give back to the community (even if it has some way of compensation) doesn’t sound like a problem to me. Are you going to establish some kind of equivalences? Or will you give a fixed amount of LOLs to anyone doing anything?
Regarding bitcoins, a while ago we had a request from a space to add bitcoins payments to Cobot - which we actually did - so I know that someone out there is using them. Anyone out there that can share their experiences with these alternative payment methods?
PS: Will you be at Coworking Europe?
On Wednesday, October 23, 2013 12:05:40 PM UTC+2, Will Bennis, Locus Workspace wrote:
Our coworking space just introduced it’s own cuurrency, Locus Laughs (LOL). Members can earn it for anything they do to contribute to the community, they can use it to pay for any products or services in the space, and they can trade it to one another for services and then use their Laughs to pay for membership or whatever. The idea was to have some way to show some kind of thanks to those who give the most back to the community. It also just seemed like a fun experiment. Though I do worry a little that it will make giving to the community a commodity and take away from the less selfish motives of giving.
We’ve also just started accepting Bitcoin. Also largely as an experiment and to add some spice to the space.
Any other spaces experimented with this? Any ideas about what works well or badly with local currencies or with Bitcoin?
Here’s our blog post about it with more details about both:
Would love feedback and to hear other stories!
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