Bank & Finance Watch

A successful Michigan, USA based venture to create a local paper currency.

Quoted from website:

[Regenerosity] "is a system for recognition of voluntary service, philanthropy & gift, civic engagement, trade, commerce, work, and any other contributions to the social capital and local economy of our communities. If you are a member of any community, whether as a person, as a non-profit organization, or as a for-profit business, there is something in it for you. As a person, you receive recognition for voluntarism, philanthropy, civic service, and many other types of community-building participation. As a non-profit organization, you receive tools for volunteer & donor recognition and access to untapped sources of support. As a for-profit business, you receive tools for customer loyalty & econometrics and access to untapped sources of working capital. As a school, you receive interactive tools for teaching economics & civics and for promoting community service. Everyone receives tools for measurement and analysis of social capital (their own and that of their communities) and practical tools to build community self-reliance and sustainable local economy, including community-based mutual credit systems.

quoted from website

"Meta-Markets has many markets each composed of different values generated in various domains. Markets are open to all members for trading and for offering their own products to public (IPO). In the sale (allocation and pricing) of shares in an IPO, the value of a share comes from its domain. For example, if you issue your Delicious bookmark, your Delicious bookmark's counts is the value. If you issue your Facebook profile, the number of Facebook friends is the value. When you sign up, you get an initial amount money to start your investments. The currency is "buraks", which is the foundation currency of the MIT's Openstudio online creative economy. Meta-Markets is a peer-to-peer market, so you always buy from a person and sell directly to a person. Of course to make profit you buy low and sell high. You set up the price of your stocks and wait for others to buy. If you put the price low people most likely buy it, if you set it high you sell when its worth that much. Watch the changes in the last price, and change your prices accordingly. To IPO your own creative products, you must be the owner of that product in its domain. When you IPO your product, the majority of your product still belongs to you, you open less than 50% shares to public. After the IPO, people buy your shares, and you raise capital.

The idea is to have an online community currency. (Or, hundreds of them.) Joining LETS and GETS by doing