Democracy and participation, Social inclusion

JustSoHo, Integrated Open Governance, Business …

Creators

Who is behind this?

Karim Chabrak

JustSoHo

http://www.justsoho.org

Germany

Idea Sketch | Proposal

Proposal

Idea pitch

We bring collaboration, banking, governance and marketplaces together on an open source platform. We use on top a social currency as visible indicator for social and ecological engagement and as a mean of exchange. Currency generation and distribution is based on democratic virtual funding of projects and crowd sourcing. The accumulation is limited by a continuous freezing and re-emission of this currency. The supported projects and communities shall be transparent and non-profit-oriented.

Why does Europe need your idea?

We bring collaboration, banking, governance and marketplaces together on an open source platform. We use on top a social currency as visible indicator for social and ecological engagement and as a mean of exchange. Currency generation and distribution is based on democratic virtual funding of projects and crowd sourcing. The accumulation is limited by a continuous freezing and re-emission of this currency. The supported projects and communities shall be transparent and non-profit-oriented.

What is your impact?

Use the digital capabilities to show the potential of liquid democracy and holacracy in building new open collaboration eco-systems across Europe, which are decentralized and self organized, but which are high innovative, efficient and scalable. Drive for more social, ecological and cultural awareness in our society, support the engagement and help different stakeholder to leverage the innovation potential and increase synergies for a higher social and ecological impact and for more trust.

How do you get there?

We combine a collaboration tool with an accounting feature, we open the banking interface to different marketplaces and connect the project platform with other funding platforms and NGO databases. We implement liquid democracy based governance features. We establish funds to support crowd prioritized projects and offer a legal framework ensuring the sharing of the built assets among the communities, based partly on personal contribution and partly on democratic re-distribution. We ensure transparency of supported business activities and support the whole community with data analytics and further tools. When lunching the platform, we focus for the proof-of-concept on a limited number of cities and on selected non-profit organizations and business partner to create value and synergies.

What is your story?

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Who are you doing it for?

Engaged volunteers, aware consumer and organizations which need project funding/resources or which offer service/products to non-profit projects. Governmental institution, foundations and associations which could benefit from more civil engagement and open collaboration. Companies with high social and ecological responsibility and which want to make their engagement visible. Social entrepreneurs, universities/schools, non-profit organizations and civil initiatives which need support.

What makes your idea stand apart?

Addresses bottom-up the root cause of problems with a combination of: 1) Democratic
and social oriented way of money creation and redistribution. 2) Open collaboration framework which increases trust, synergies, efficiency and autonomy. 3) A scalable solution which addresses future challenges (post growth economy, privacy & transparency, platform monopoly, unemployment, wealth imbalance, inclusion, resource scarcity, environmental issues…) 4) A platform using state-of-the-art digital technology

€ 50000,-

Funding requested from Advocate Europe

€ 70000,-

Total budget

Major expenses

Development of the digital platform 30000EUR. Partner acquisition and integration 20000EUR. Funding of first projects in the platform 20000EUR.

Team

KarimChabrak

Idea created on March 4, 2016
Last edit on Oct. 30, 2017

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