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Abstract Free Markets would benefit from a non-profit platform operating as a Thrift in recycling write-offs of business. This Business for Business (B4B) platform of commercial charity would bolster the general FIAT economy by enabling one more distribution of write-offs or liquidating goods, effectively entitling members to draw inventory and save cash-flow. This platform based on a value concentric of reputation rather than revenue, would utilize a token of participation that is mined per donation on block chain that generates a native and soul-bound coin utilized in funding social benefits. Such a reputation economic based on merit would be in decentralized/capitalistic contrast to the centralized/privelege based models in use. Utilising Block chain to pair donations between businesses is a major disruption to the existing barter industry that presently uses network specific alt FIAT - "barter dollars" - that cost members about 15% per transaction in CASH. These fees go to brokers who print the trade dollars while maintaining hidden accounts of more liquid businesses at their discretion. Decentralizing these corruptable markets with open ledger can be done by utilizing one map for all participants. One map where all may list their business eliminates the need for brokers. However, a broker's claim is they regulate trade so that any one business is not inundated with traffic as slower (less liquid) members are enticed. Something that one map circumvents when giving members the ability to temporarily 'shade' their listing to govern traffic, and putting a stop to the gap created by shading by prodding for better reputation for participating on the paltform so they will generate more Soul-Bpund Coin. Another way of understanding this is: members donate supply and the coin this transaction creates, via mining open ledger, is sold to fund benefits members hold in accordance to their repuatation for participating; which is impended by such things as ove-shading or poor valuations by members and improved by the participation, quality of service and as many more factors as impend a reputation, all of which can be computed via Artificial Intelligence per algorithms that the platforms management (open sourced of tenured members) determines. Presently, the mechanics necessary for such a platform exist in the forms of: open ledger, block chain, cryptocurrency, reputation models, barter networks. Combining these on one platform not only displaces trade brokers and their fees; but also opens the economy to the burgeoning Gig industry which is ripe for adoption to the proven alt-currency model of barter. Lastly, building currency with an endemic benefits 'program' suppliments if not eventually eliminates the expense of governmental benefits programs. Introduction In a second "shot heard around the world," Bitcoin took a defensive stance for liberty against centralized corruption. So it is ironic, and a bit cryptic, that not long after Bitcoin launched, a plague of centralized exchanges formed. Centralized constructs promote collusion. This is a frailty of the human factor in commerce. Collusion by just a few affects supply and therefore demand and pricing to all. But worse, it has the demoralizing effect of diminishing hope an entrepreneur needs to 'dance like no one is watching' and so, creative juices are compressed. This was addressed by the United States when it created a government ran of, by and for its citizens. The resurgence of this 'movement' through Bitcoin, Disruptives, Gigsters, Share platforms....is a battle with the cartel mentality, as coagulates in the stylings of centralized management. The instigation of this resurgance may be contributed to the 2007 'Big bank Crash.' As Big banks reeled from a sub-prime lending crisis, they initiated, they received trillions in USD under the guise of being too big to fail. Here-in lays the mischief, these monies were also used to 'buy out' competitors. When Big Boxes noticed the massive success this was to Big Bank growth, they leveraged a pandemic to edge out "non-essentials." Then Big Data, utilized a 'right to refuse service' for censoring the publics inalienable right to speak freely and we have the full-on attack of liberty that required such innovation as Bitcoin. Salvation will be as it was for Uniting the States of America, namely, since all men are created equal and endowed 'with their creation' a right to pursue happiness at their sole discretion. All elements of such a sovereign model of economy currently exist. Barter networks, share platforms, open ledger, ratings systems.... all may be uniquely assembled as a decentralized platform of Business for Business (B4B) to eliminate revenue splits, transaction fees and even dues. This paper is on the procedure in creating such a platform from existing Barter, 'Share' and Cooperative markets, to:
Particularly unique to this platform are:
A Blue Paper on the technologies utilized in this platform will be created after initial funding. The blue paper will provide particulars on:
THIS IS A NEW AND FIRST IN CLASS design for commerce, based on reputation in sustaining heritage with supplies while developing 'gig industry' as the last step in a holistic economy of a proprietor citizenry that funds 'end of life' benefits with all others social securities which members choose to create together in open source. In reading you will discern how B2B levels-up to B4B in a Share concentric with a value axis of reputation. This purpose driven economic providing social benefits to all members in open source manner also supports existing economies as relief from slow and dead inventories that are conserved from cash flow via redistribution among members. eBitome A Reputation based economic in donating overstock with members to develop reputation translating as perks (pirqs) for social benefits that:
Introduced to the multi-billion-dollar Barter Industry, this platform would eliminate brokers and fees in excess of 15% to break down the walls between brokered networks with one map and coin, as members become their own broker. eBiotme eliminates the practice of brokers in keeping 'managed' or 'hidden' accounts which they use in dilution of their own Alt FIAT, 'Trade Dollars.' This elimination of brokers and fees will also increase member donations by lack of fee friction and broker lag. The proven model of Alt currency that Barter networks currently use, will apply to Disruptive businesses, such as Ride and Home Shares, which are highly regarded for the liquidity they offer. This merger of Disruptives and Barter will enable each to:
[This last mile, assisted by conversion of Retail Reward Programs, creates a scale of service akin to Amazon and Alibaba, as sales to delivery are app based. In practice: A national hardware store has a policy to deliver additional paint to the home of a customer who discovers they are short. On eBitome, additional paint is delivered by a Rewards member of that hardware store who is in the vicinity. This 'Gig' is then paid/perked according to that store's program
By assimilating barter networks, disruptive platforms and cooperatives with a native coin enhanced with reputation valuations, all contributors are on equal ground, regardless of size. Origin As a liquidator of luxury hotels, I purchased furniture, fixtures and equipment (FF&E) that I sold, donated or traded on barter networks that charged me over 12% per transactions. In March of 2010 a lady told me of 'a new thing her son was doing' ...mining Bitcoin. I looked into Bitcoin, but at the time the closest café accepting it was 3000 miles away, however... The 12% cash fee for bartering had met its silver bullet! Studying how to decentralize with Bitcoin (at the time, the only cryptocurrency), compelling advantages surfaced
Moving ahead a few years, AirBnB and Uber were disrupting established markets and adopting the title of Share Business, over Disruptives, to soften their image, when key points came to mind...
Serendipitously, while researching cooperative development utilizing public participation in 2007, I Copy Righted a paper on how to fund production of film through public votes as precursor to equity crowd funding and Initial Coin Offerings, eBitome will take the next step to:
Adaption to eBitome is a short curve:
eBitome will utilize a few unique tactics for growth:
eBitome It Pays to Share
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