An alternative economy based on barter and self-sufficiency
Established in 2020
Teaser of the company
Barterkind is an online community & alternative economy based on barter & self-sufficiency. We’re connecting like-minded people & allowing them to exchange their skills, earning tradeable tokens for their time. Our mission in this uncertain economic climate, is to move away from transactional money norms & make services more accessible to all. Barterkind puts in place a structure to protect individuals & businesses, with the ethos that being cash-poor shouldn’t be a problem as long as you’re skill-rich.
Barterkind will test and validate the following blockchain-based solution in the scope of BlockStart:
Barterkind is an online exchange, based on community, barter & self-sufficiency. We aim to move away from transactional money norms & make services more accessible to all. Following the financial doubt brought since Covid, with this project we want to put in place a structure to protect both individuals & businesses: an alternative, & circular economy.
Barterkind combines the old & the new, barter & blockchain technology. We’re digitising & tokenising the oldest form of commerce, with modern concepts like liquidity pools & potential to earn yielding. Our algorithms will connect like-minded people & let them offer their services all over the world, in exchange for other services, or income – in the form of tokens.
We initially intended on a B2C model, serving individuals who needed a novel way of accessing services. Think of those unemployed, or in countries where not everyone’s entitled to work, or to own a bank account, Barterkind lets them utilise their skills, and earn rewards. This’ll provide opportunity to education/upskilling, so there’s a social return on investment as well as financial.
On market research we realised there’s a need for barter amongst businesses too. With small businesses decimated every day & many on budgets, owners need an economic way of outsourcing tasks. In bartering they can save both money & time, with this system potentially benefitting any company in any sector – as long as they provide a service.
With Barterkind, we aim to create a convenient seg-way for the average person into the cryptocurrency world, allowing as many people as possible to benefit from decentralised finance. We want to provide people with a new way to exchange value quickly, potentially revolutionising the service industry.
Meet the Team
Total funding received by Barterkind under BlockStart: €1,000 for Ideation Kick-off event