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community way - faq - (revisions)
Community way is a new tool for locally based fund-raising and economic development. Donations in community way dollars (cw$) connect non-profits and businesses in a mutually beneficial support cycle.
Any individual or group can readily initiate this fund-raising program, which is designed to recover all start-up costs. It will work best when many local businesses and organizations participate, but it can also finance a single project or cause.
For business, this is a simple and cash-free way to increase sales, strengthen the local economy, and secure customer recognition and loyalty. Since the cw$ are as good as cash at participating businesses, people can help without losing purchasing power, and by shopping locally, they vote for the community they want.
Smart cards are the preferred method for moving cw$ and recording transactions, especially at business point-of-sale. A smart card is a computer chip on a card that stores value and records transactions between cards. Businesses can also use ledger forms, voice mail, web, and email to record transactions through a community currencies service provider (ccsp).
community way projects
A community way trial project using smart cards in the Comox Valley was successfully completed in 2001 - please email/skype for details.