The Community Exchange can be set up to support Timebanking or Local Exchange Trading Schemes. Users can earn credits by offering support to their community and then use their credits to request support in return, or indeed donate their credits to others.
Time, talents & goods
The Community Exchange focuses on what communities have to offer. As a Timebanking service, users can earn time-based credits by exchanging time for time. As a LETS scheme, users can earn value-based credits by exchanging time and physical goods. All users can exchange their credits for goods and services.
Reward People who do good
The Community Exchange enables organisations and businesses to offer rewards and discounts to people who help others in their community. As a platform host, you can set the value of credits and choose to reward actions that meet community priorities.
Credits to those in need
The ‘Community Pot’ enables users to donate their credits to more vulnerable people who might not have the means to earn credits themselves. These credits can be used to buy a range of essential goods and services without real money changing hands.
Get in touch
Interested in the platform?
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