According to Joseph Rowntree Foundation, Poverty is a cost the UK cannot afford.
They say It wastes people’s potential and drains public finances, hampers economic growth and if we don’t act, it is likely to increase.
So how about we try a UK Wide social Experiment and put control back in the hands of the Community. If you are willing to take the journey with us and it works half as good as we expect it too, then we should see:
- Lower drain on Public Finances
- Stronger Resilient Communities with our Community Voice and Voting App.
- Greater Local Regeneration and Growth with true Sustainability
- Better and more efficient use of Local Resources
- A fairer society and better balance between the rich and the poor
- You as a Community Member will begin to see the evidence of how you shape your community and its environment.
- New Cash and Community Currency used where you want it to be, voted democratically by the people where you live.
Now there is so much more, but hopefully that’s enough to whet your appetite and encourage you to help us start this revolution, in a local but global community currency.
It’s one where the Bankers and Richest people are not excluded, but they can Stamp their names on the Currency and demonstrate just who they are helping. Our currency stays in the system and lets you trade with it.
The EEECoin is just 10p and will stay that price. Centrica wanted to give us up to £2M to scale our operation if we could turn it back into cash. We could do that, but we declined on the basis that this wasn’t the way to tackle poverty.
Other Social Currencies cost money to print, operate and staff and are also controlled by many Local Authorities. But here at LocalitEEE we want you, the community and citizen to control the value and how it’s used where you live. You can put your own EEECoin value on a service or product using the Sustainable Businesses Directory. Businesses can use the Directory, purchase or exchange the currency not only for it’s own marketing, but evidencing their local CSR to give you a product or service you want, but also to use it in a B2B environment, and potentially reducing their own costs.
Alternative Currencies like Bitcoin let other people make money from trading it like on the Stock Exchange and are subject to fluctuations where there are winners and losers. There aren’t any losers in LocalitEEE and we believe together we can all make this work. Bitcoin is used on the Dark Net and used to hide laundered money, buy drugs and supply arms, but here in a Trusted environment, it’s the only place the EEECoin can be used. We’ll be able to exchange currency with each other and/or local businesses, allowing you give or receive something from the Community. The EEECoin stands for Environment, Economy & Employment and on the Platform, tools exist to engage and promote all the EEE’s.
We plan to allocate our donated coins to Volunteering, using registered Volunteer organisations who are in the Business Directory who meet our criteria.
You can use them singly or mixed with Cash for any household item, food or service. You can even use it for a holiday, once we’ve integrated a Holiday Website we own.
You can use them in our Full Sharing Economy Suite of tools such as Rooms, Cars, Lifts, Tools, Pets, Games, Bikes and Business Space.
You will be able to use it with Rental or Loan items like the items above so that if you don’t want to share, you can rent out anything you own and therefore earn income where you live.
We’re building the Currency and Banks within every 8770+ Electoral Ward in the UK, now all you have to do is use it. We will be creating your own LocalitEEE Community if you Register one Appliance using our New Appliance Safety Register, instead of the Manufacturers. You can read about that HERE. No sales contacts anymore from the Retailers or Manufacturers, but we’ll alert you for free if your Appliance has a Product Recall.
We’ll be giving 25% Currency of our Revenue from all Sales Transactions of any goods/services and 75% of all Currency Purchases, to your own community.
In short. YOU decide where it goes and members of your Community Vote on every amount issued. We’re just the bank making the transactions. What’s more, if any local business in your community uses your shop, they will be attributed for the amounts we donate, but they can also buy EEECoins, 75% of which will go to your community as well.
We believe that no other organisation operates as transparently as this. We’re a Social Business that is Dedicated to Tackling Poverty and our local/global environment because when anything is prevented from becoming Waste. we capture the Carbon and Tonnage Savings and attribute it to your Community.
If you want to be part of our Social Experiment for a better and fairer society, please Contact us for more information and be ready to become part of something we want to do, to change the world. Why wouldn’t you, especially as it’s Free and you’ll get to know more people where you live and make it a great place to live.