To leverage our spare capacity to generate funds for marketing, and to position Meet.coop as a truly commons based initiative which is leading the transition towards a regenerative economy. If you’re not familiar with mutual credit and the concept of ‘spare capacity’, which makes this so perfect for Meet.coop, please check out this post.
Start small, via The Open Credit Network, test if it works, review and iterate. The Open Credit Network (of which I am a co-founder) only offers credit to registered UK business atm, so this offer would not be open to individuals to start with.
How would it work:
I propose to start very small, by offering Meet.coop membership to the existing members of The Open Credit Network, to see if one or two business would like to join Meet.coop and pay in mutual credit via The Open Credit Network. I suggest we take the whole payment in mutual credit to avoid any complications with part payments. We would be able to track our mutual credit balance via The Open Credit Network, and spend any credits we earn with businesses in The Open Credit Network, for example, with Orgs offering social media support, design, blogging and other marketing tasks, or anything else we need.
We could also possibly pay part of our server costs to Web Architects in mutual credit, although Chris would want help to make sure he could spend any credit he earns.
When a new Member signs up and pays in mutual credit we would simply log that they are paying that way in the Members spreadsheet - and I would take responsibility for invoicing them and collecting payment each month via The Open Credit Network.
If this works we could look to roll out the concept in other countries via different mutual credit networks - or, ideally via an international mutual credit network, ala the Credit Commons, Seeds etc…
I’d welcome any thoughts, or feedback - and will aim to present this proposal at the next All Hands (if there is time), or the one in 2 weeks.