Examples of Working Token Economies

Examples

ESL Printables

Rebecca Rachmany:

"I have finally found a pre-blockchain live example of a working token economy.

Keep an open mind.

It’s called ESLprintables.com, and it’s a one-token, self-sufficient economy. You can’t buy your way in or out with these tokens, but the system has almost a million users and has been functioning at least 8 years.

The site is for ESL (English as a Second Language) teachers and I found out about it from my Mom. Like many of these “teachers”, my mom is a retired person who volunteers in her community. She isn’t a formally trained or paid teacher, so when she creates a new worksheet for her students (Making an Appointment with the Doctor is a popular one), she’s happy to upload it to the site and get her “tokens”. ESLprintables is old-school, so they call them points. When people rate her sheet, she gets more points from their ‘likes”. Every time she downloads a worksheet, she pays a point.

I’m telling you about this site because it’s the best answer I have to the question (I get every day): What is a working token economy? It isn’t a 1-to-1 fit for what we are trying to do with blockchain but it’s an extremely useful example of what it means to have a circular economy where “contributors” and “consumers” are all built in, and it’s completely independent of the outside world." (https://iwriteicowhitepapers.com/2018/02/finally-a-proven-token-economy/?)