Eco Currency

Interim exhibition set-up

Last week we used a little experimental set-up during the mid-term exhibitions to get some initial feedback on the stewardship scenario. A tangible version of our concept platform was presented. Visitors were free to propose projects and post them on the platform. Each visitor also got three votes (lego blocks) to place next to flags on the world map that represented the project proposals.

For a time lapse movie on how the exhibition evolved please check our freshly initiated platform www.webalance.org.

The third scenario is based on interest over environmental value. Imagine you have a piece of land, sea or something else that is worth something for the ecology. A taxator will define the worth of this specific object according to Simpson’s diversity index. Every month interest is paid in ECO’s over this amount.

The second scenario. Many of our sources and research (this, and this TED-talk give a good introduction) show that a very good way towards reaching a goal is by collaboration and a bottom up approach. We don’t need big institutions, a lot of rules and bureaucracy, but allow a self-governming emergent system to grow. This is but one of the two main pillars on which this scenario is build.

This is the first of a series of scenarios. The starting standpoint we took was that a currency should be backed up by ‘real’ value. In the past this used to be the case with gold. Gold has some good properties which make it very valuable as a trading currency, and has been used as this for over 4000 years in a almost all cultures.It is not possible to get more through manipulation, and is thus a very good way to measure wealth.