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Ven is a global digital currency used by members of Hub Culture to buy, share and trade knowledge, goods and services. It can be exchanged to anyone with an email address worldwide and spent at any Hub Culture Pavilion via the HubCulture.com platform. API protocols at our Developer Portal allow Ven to be exchanged anywhere, for everything and link the currency to both social profiles and hubs for shared group projects. The value of Ven is determined by the financial markets in a weighted basket of currencies, commodities and carbon futures trading against other major currencies at floating exchange rates. Currently over 50 million units of Ven have circulated, and it can be used to purchase anything from commodities to fashion to cars to a coffee. Watch a Ven video. Hub Culture recently announced the development of Ven Authorities, a project to enable partners to issue and redeem Ven through integrated ecosystems. Using Ven It's free, simple and instant. Ven Advantages Green. History
Social Capitalism: The Value Game
The Value Game (TVG) introduces a new class of business plans that will help communities to articulate social capital, creative capital, and intellectual capital toward the production of goods and services. The earliest versions were developed in a international education project in Mexico under NAFTA (1996-1997), and at The Boeing Company (1998-2008). More recently, Social Flights deployed TVG in 2009-2011, and CRManage in 2011-2013. TVG is a multi-agent algorithmic game comprised of a shared asset and a collection of diverse players (agents) in whose individual best interest it is to preserve the asset (sustain play) rather than consume it (game over). The proper selection of the asset and the proper grouping of the players defines the game incentives and payouts (sources and sinks). General Form: The following video describes an early version of The Value Game beginning with the Airplane Game and then generalizing the idea to include all shared asset communities. Case Studies:
The Social Currency: Time - Purple Pointr
If anybody wants to access your time or knowledge or influence, they would have to pay for it with their own.Dan Robles Thousands of social currencies are emerging as people lose confidence in the ability of the dollar to store value. At the end of the day, a currency is a social agreement. People need to agree that whatever they use for the storage and exchange of value accurately represents their productivity – otherwise they will not work for it. Of course this is much easier said than done. Well, to me it is time, and maybe attention. Invest your time in saving time for many others. Let's see how this works out. More, much more ... The DIKW Model of Innovation by Richard Gayle Data simply exists.
A Blueprint For A Circular Economy: Reusing And Refurbishing For Prosperity
Important question: How can we maintain global prosperity when natural resources are increasingly scarce, the planet is in increasing disrepair, and 3 billion people are expected to join the "middle class" by 2030? According to a fascinating new report, the answer is a "circular economy," where materials and products are restored and regenerated much more widely, and where the emphasis is on leasing, renting, and sharing, rather than consumption and ownership. "In a circular economy, products are designed for ease of reuse, disassembly and refurbishment, or recycling, with the understanding that it is the reuse of vast amounts of material reclaimed from end-of-life products, rather than the extraction of resources, that is the foundation of economic growth," the study says. In fact, this is no wild-eyed dreaming. The report argues that the current "linear" model of "take-make-dispose" is likely to lead to ever-increasing prices and volatility in the next few years.