Thankyous

From P2P Foundation
Jump to navigation Jump to search


= Reputation-based social currency used in the Friendly Favors Social Network Site

Description

"Members post the equivalent of a business card, including information about services or skills, on the Friendly Favors website and indicate how large a discount they'd be willing to give another member - anywhere from 10 percent to 100 percent (or Free). Instead of earning online gold stars for their good deeds, they receive "Thankyou's" - known to initiates as "Ts" - from those they've helped. The number of Thankyou's usually coincides with the amount saved through the offered discount. One "Ts" is equivalent to $1 saved because of the discount or favor received.

"It's a dollar earned but that you refused to take," said Lub. "It goes into your account for the future. What is it good for? Absolutely nothing - that is essential. To make this work it is important that the Thankyou's are not redeemable ... A Thankyou is not a measure of wealth, it is not a measure of income, it is a measure of generosity and good will." (http://www.sergiolub.com/docs&pdf/4.5%20Bio%20from%20St.%20Helena%20Star.htm)