There are a number of ways to get involved:
We are currently working with the community of Cannons Creek and local organisations to pilot our new model. The pilot involves community members using a mobile based app that enables them to trade in a new community currency, the Cannon Coin (CAN). In this pilot, community members will be able to:
Contributors outside this community are able to support these wellbeing initiatives by contributing to the community fund via The Wellbeing Protocol.
For the last 6 months we have been working closely with Wesley Community Action - an organisation who have been actively supporting community led development initiatives in East Porirua for over a decade. During this time we’ve learnt about some of the life enriching initiatives that have been created by the community. Examples include; the Timebank, the Fruit and Vege Co-op, Good Cents, the Porirua Wealth Pool and Just Change. We found value alignment and saw an opportunity to combine our new economic tools with their “community led” based initiatives.
Creating an economy can be a complex challenge but it’s possible if you start small. The scope of this pilot is limited by design and aims to answer the following questions:
In designing this pilot we attempted to create something that would be easy to understand and simple to use, while bringing some small benefits to the community from day one.
We also knew it was important to engage with the community and build with them not just for them. We have held a series of workshops and plan to hold more. You can watch a short clip of our first community meeting below:
We're asking 50 people from the community to take part in the pilot which will run for 6 weeks. At the beginning of the pilot we will issue 50 Cannon Coin (CAN) to each person in the trial. These can be accessed via a personal digital wallet on their smartphone. For the trial 1 CAN represents $1 NZD.
Note: The CAN economy is a reserve backed economy. This means that for each CAN minted we will hold a corresponding NZD in a bank account. Seed funding for this pilot has been kindly donated by Wesley Community Action and Ngāti Toa Rangatira.
The app will allow people to use their Cannon Coin in four ways:
Within the app participants also have a simple way to come up with, and vote for “wellbeing projects”. We are working with the community to come up with a decision making process that would allow the CAN’s from the community fund to be awarded to the individuals behind the most popular wellbeing projects.
The last aspect of the pilot is for us to identify and work with potential donors who might be prepared to “top up” the community fund. That’s where you come in. Your contribution will directly fund community led wellbeing initiatives.
Lets say you were to donate $100 to our Open Collective crowdfunding campaign:
In summary 100% of your donated will go to supporting the wellbeing of the Cannons Creek community. After you donate make sure to sign up to our newsletter or follow our social channels so you can see the impact you’ve made.
Note: If you donate via credit or debit card the banks will take a fee (~2-3%). To avoid this fee you can choose to donate via direct debit/bank transfer.