JoatU: Jack Of All Trade Universe

An online marketplace for self-organized exchanges with the JOATUnit as a community-generated currency for benevolence.

Information

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1515 Sainte-Catherine St West, EV 7.105
CA Canada
Web http://www.joatu.com/
Maturity

In development

About the project Edit

The Jack of All Trade Universe strives to provide a robust platform of value exchange for the individual while simultaneously promoting community centered activities through a direct democracy inspired decision making model.

We are seeking to build an economy that helps promote human welfare as the central cause for its existence.

In what ways is this project unique and creative? Edit

An economic system based on values determined by the users within the system. All of the units created within the system are generated through a user-initiated voting process. The people are in charge of the value.

What is the social value of this project? Edit

Infinite. The power of money-creation in the hands of the people means unlimited funding for every social project (that people agree upon) until the end of time. This turns the functioning of the financial system on its head. We no longer need loans from banks, we just need the support of our neighbors.

What is the potential of this project to expand and develop? Edit

The project could explode overnight and create millions of hours of education, care, community involvement, volunteerism, food creation, etc.

What was the triggering factor of this project? Edit

The inability to freely exchange one's capabilities for the capabilities of those who live within his or her community. The simple middle ground that can give more power to the individual seeking a job and to the community seeking betterment simultaneously.

What is the business model of this project? Edit

The community comes before any revenue model projections. Crowdfunding, grants, donations and volunteerism (to be paid through the internal JoatUnits) would be the primary funding mechanisms. The advertising potential for local businesses and local coops will be incredible however. And IF, only IF the community agrees, there will be advertising on the site.


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