Let’s Co-Opt Currency!
An introduction to
Metacurrency & JoatU
Jamie Klinger
Founder of JoatU
Special Thanks to Arthur Brock, Founder of Metacurrency & Holochain
How to listen to this presentation
Whenever you hear these words,
think beyond money.
Actively think how these words play
Wealth, Currency, Value
What was most important to me?
Winning the
‘game’ of life.
What is most important to me?
Creating as big of a positive impact as possible while living according to my personal values.
What is most important to you?
People
Money
Current
Global System
Currency in Capitalism
Cash, Rules, Everything, Around, Me
C.R.E.A.M.
Get the money
Dollar, dollar bill y'all
Wu-Tang Clan
Currency as Relationships
The shared symbol systems that we create to shape, enable, and manage flows.
Art Brock
Currency as Information
Currency in Traffic
Cars on Sherbrooke/Hour
Currencies/Values/Information/Relationships:
A People-First Economy
Money
People
JoatU
Ville Intelligente
et Inclusive
2017 Winner
Jack of all trades Universe
How it works
JoatU generates Community Action Points to recognize their community contributions
Volunteers trade their CAPS in exchange for goods & services in the hyperlocal online marketplace
Community members create positive actions & events in their neighbourhoods
Local
Neighbourhood
CAPS
CAPS
JoatU
Merci JoatU!
So what about that job?
1
Your Labour
2
Their Capital
What other currencies are exchanged?
1
Your productivity, your restfulness, your creativity, your time
2
Working conditions, (in)security, stress...
Founder of JoatU
Jamie Klinger
My First Jobs
From First Jobs
to New Economies
Three Lessons from Occupy Montreal
How to maintain a system of inequity
Accumulation
Capital
Information
Centralized
Value Creation &
Valuation
Centralized
of Centralized Institutions
Corruption
disrupt
How to decentralize control of valuation
Introducing
Metacurrency
$60
40lbs
Organic
1st Prize
Apis
Mellifera
Western Honey Bee
Can they evolve their dances which �communicate where �the flowers are?
Co2
Credits
48lbs/yr
offset
Certified Disease-free
Increased Life Expectancy
Red Oak
How will trees
affect the
surrounding ecosystem?
Speculative Wealth diminishes Non-Speculative Wealth
The Great Lie
If we pay money (speculative wealth) in exchange for (tradable wealth)...
Then it’s ok to pollute more (destroying rankable, measurable, nameable and possible wealth).
If we spend all of our money to make honey,
and none to protect the environment bees use,
then we lose the entire food system!
Reality
Speculative Wealth diminishes Non-Speculative Wealth
What now?
Detach speculative wealth from absolute wealth
JoatU
Ville Intelligente
et Inclusive
2017 Winner
Jack of all trades Universe
$70/hr or CAPS
Labour
Teaching
Diplomas
Experience
Qualitative Reviews
Alice
All of the ways that people interacting can change each other’s lives
Offering her services with
How it works
JoatU generates Community Action Points to recognize their community contributions.
Volunteers trade their CAPS in exchange for goods & services in the hyperlocal online marketplace
Community members create positive actions & events in their neighbourhoods
JoatU’s Alternative Currency
CAPS
Community Action Points
JoatU CAPS: Currency Phase 1
Members | Personal exchanges | Community Offerings | CAPS Created | CAPS Value/hour |
50 | 5 | 0 | 0 | No CAPS |
100 | 25 | 0 | 0 | No CAPS |
JoatU CAPS: Currency Phase 1: Personal Exchanges
Bob has skills in woodworking.
Alice has skills in plumbing.
Bob and Alice come to a personal arrangement and exchange 1 hour of woodworking for 1 hour of plumbing.
JoatU CAPS: Currency Phase 2
Members | Personal exchanges | Community Offerings | CAPS Created | CAPS Value/hour |
50 | 5 | 0 | 0 | No CAPS |
100 | 25 | 0 | 0 | No CAPS |
150 | 50 | 5 | 50 | Fixed 10/hr |
200 | 100 | 15 | 150 | Fixed 10/hr |
250 | 150 | 20 | 200 | Fixed 10/hr |
JoatU CAPS: Currency Phase 2: Community Exchanges
Alice wants to to build mini-herb gardens in the tree planters up and down her street. She’s looking for
JoatU CAPS: Currency Phase 2: Community Exchanges
Alice creates an a community event on JoatU
After the event has taken place:
CAPS are generated as recognition for the volunteer work
JoatU CAPS: Currency Phase 3
Members | Personal exchanges | Community Offerings | CAPS Created | CAPS Value/hour |
50 | 5 | 0 | 0 | No CAPS |
100 | 25 | 0 | 0 | No CAPS |
150 | 50 | 5 | 50 | Fixed 10/hr |
200 | 100 | 15 | 150 | Fixed 10/hr |
250 | 150 | 20 | 200 | Fixed 10/hr |
300 | 220 | 25 | TBD | Democratic |
Democratic Currency Generation
Types of Community Offers | Vote on CAPS generation per hour for each category |
Popular Education Class | 10 |
Skill Sharing Class | 10 |
Well Being / Activity Class | 10 |
Food distribution | 10 |
Environmental Action | 10 |
Democratic Currency Generation
Types of Community Offers | CAPS/hr of Volunteer Work |
Popular Education Class | 10 |
Skill Sharing Class | 11 |
Well Being / Activity Class | 8 |
Food distribution | 9 |
Environmental Action | 12 |
Alice’s Survey
Democratic Currency Generation
Types of Community Offers | CAPS/hr of Volunteer Work |
Popular Education Class | 10 |
Skill Sharing Class | 12 |
Well Being / Activity Class | 9 |
Food distribution | 10 |
Environmental Action | 8 |
Bob’s Survey
Sheaf Candle Theory
“Holochain White Paper and the Road to Sheafhood” - Jon Paprocki Ph.D. candidate in Mathematics at Georgia Tech
https://medium.com/the-advancedness-project/holochain-white-paper-and-the-road-to-sheafhood-9d5b159ee074
A sheaf associates to every region of some space some sort of data.
JoatU Currency Generation
8
CAPS/HR
12
CAPS/HR
10
8
12
Bob Voted
Alice Voted
Social Currencies
Increase civic participation
Promote local businesses
Upcycle existing public infrastructure
Enhance the integration of newcomers
Facilitate a circular economy
Gather and share
open data
People
Traditional Economy
City
| Simplyk | Bunz | Accorderie | JoatU |
Hyperlocal | | | | |
Volunteering Opportunities | | | | |
Rewards Volunteering | | | | |
Barter Platform | | | | |
Point System | | | | |
JoatU Comparative Analysis
What is happening with JoatU today?
Building a test network of residents in Verdun
Accepting general applications for our next test networks
http://en.joatu.com & http://fr.joatu.com
Building JoatU in Ruby on Rails and when we have enough resources, on Holochain
Currency of Appreciation
Influential Documentaries
Founder of JoatU
Jamie Klinger
Get Involved! Get in touch! http://JamieKlinger.com
Extra Slides