Dropis - New bartering currency

[matthewh3]

http://www.dropis.com/#whatis

What is a "dropis"

The “dropis” is an online credit you can’t buy: you can only earn it by sharing something with others.

It’s the currency of sharing, a new way to buy and sell without using money.

Who is it for

Dropis can be used on websites based on sharing, swapping, bartering, trading or renting.

It’s the perfect tool for the collaborative consumption economy.

Why accepting dropis

Attract new users who want to spend and earn dropis
Increase your conversion rates
Add a Plug and Play credit system to your website
Help the sharing economy grow, keeping the wealth within the network

How can I start

Add the “dropis accepted” logo on your website and embed the “pay dropis” button on your products’ page. Contact us to start!

http://www.dropis.com/#whatis

[markm]

This is not at all clear about what it is.

It sounds like ripple but I suspect not, since it did not make clear and explicit in it example of the person buying lessons that they invented the credits themselves that they paid for the lessons? Furthermore why did the person giving the lessons for 30 dropis go like oh wow now I can go visit Spain if in fact she could already have done that anyway simply by issuing credits she invented herself to the person in Spain.

In short, there is no indication of how visitors to your website get hold of any dropis in the first place in order to give you some.

Do they simply issue them as credit themselves?

-MarkM-

[matthewh3]

It sounds like a LETS (Local Exchange Trading Sytem) - https://en.wikipedia.org/wiki/Local_exchange_trading_system - but on an international scale.

[markm]

It sounds like a LETS (Local Exchange Trading Sytem) - https://en.wikipedia.org/wiki/Local_exchange_trading_system - but on an international scale.

Hmm if that were so surely the person offering lessons need not have waited to sell a lesson but could instead have gone to visit Spain and reported to the record-keeping site that the person in Spain had contributed however many whatevers by putting someone up on their couch?

I get the feeling this is more sinister, that the "we take the macroeconomics off your hands" basically means they get to make up money like the Federal Reserve and sell it to people.

-MarkM-

[markm]

What if someone makes an exchange? Then I can buy it.

Sure but what I am getting at is who prints it and how much of it how fast.

-MarkM-

[matthewh3]

It sounds like a LETS (Local Exchange Trading Sytem) - https://en.wikipedia.org/wiki/Local_exchange_trading_system - but on an international scale.

Hmm if that were so surely the person offering lessons need not have waited to sell a lesson but could instead have gone to visit Spain and reported to the record-keeping site that the person in Spain had contributed however many whatevers by putting someone up on their couch?

I get the feeling this is more sinister, that the "we take the macroeconomics off your hands" basically means they get to make up money like the Federal Reserve and sell it to people.

-MarkM-

Maybe, I just read about it in TechCrunch - Italians Take Up The Torch To Ignite Their Own Tech Startup Scene - http://techcrunch.com/2012/09/30/italians-take-up-the-torch-to-ignite-their-own-tech-startup-scene/ - and thought it worth sharing.

[markm]

Its not clear it is a new thing. Maybe their site just doesn't make clear how it works.

-MarkM-

[matthewh3]

Its not clear it is a new thing. Maybe their site just not make clear how it works.

-MarkM-

Well English is not there first language being Italians.  Maybe someone should try emailing them first for more info and post it here before taking the plunge.

[Bitcoin Oz]

I dont see what prevents two people working as a team to defraud the system and splitting the profits between them