Social Currency

The strength of the social currency comes from the mutual trust between the people who participate in the exchange, hence it is easier to create trust in smaller communities. It is one of the reasons that each eco-network has its own social currency, the exchange with other eco-networks is still possible, and for the time being the CIC has its own social currency, ECO, whose use is widespread in all around Catalonia instead of being located in a particular bioregion, so that all associates of the CIC can participate.

• 1 unity equals to 1 euro and to other social currencies, except those that eco-networks use at the moment as an exchange reference.

• Euros can be converted to ECOs but not the otherway around.

• A limited debt is possible (meaning one can have a negative balance). This amount is decided in the assembly.

• Simultaneous participation to a local eco-network currency and the CIC currency is permitted.

• If you already have an eco-network account, local currency and cooperative currency can be exchanged.

• If you do not have an eco-network account, you can buy and sell through your account in the integral cooperative.

• Thus, it could be taken as a subsidiary currency for the ones that do not use local money.

CES video tutorials: To understand its functioning, and how to perform different actions  necessary for the optimal use of the software, the following video tutorials are made:

• How to join Ecoxarxa

• To register to the Exchange Network of the CIC

• Finding deals

How to make an offer

How to make a demand

How to make a sale

How to assess a transaction