Trend watch: Insights into the future of P2P Finance, Virtual Currencies and Ven - the rise of social money. Stan Stalnaker, Founder of Hub Culture
More: http://somesso.com/blog/2009/11/founder-explains-stan-stalnaker-hub-culture/
1. Hub Culture 2009 Illuminate. Integrate. Elevate. The first social network to bridge the virtual and physical is altering workspace, sustainability and collaboration for members worldwide.
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4. PE2P2P What is Private Equity (PE) other than an efficient, highly capitalized private network? Imagine the power of private equity seeping down the pyramid… until it reaches the end consumer (P2P). 1970-2007: 3.6tn 2001-2007: 2.7tn 75% of all global private equity transactions have taken place since 2001. World Economic Forum 2008
5. It started with lending… but will soon be much wider… crowd-sourced Venture Capital community barter currencies P2P bank accounts full barter credit economies
6. Private Digital Currencies Think Credit Union + Facebook “ People will soon use personal currencies to make payments for "knowledge services" provided by other individuals, such as social introductions and shopping tips. These currencies will be traded on exchanges at floating rates determined by the market in real time. Like national currencies, personal currencies derive their value from the reputation and size of the network.” DGC – Digital Gold Currency (e-gold, GoldMoney) Twoller - Twitter Ven – Hub Culture Facebook – Facebook Credits Google Currency - 2010
13. Ven: the first P2P Social Currency On July 4, 2007, Hub Culture introduced the world’s first peer-to-peer social currency. Ven is traded in a friction-free environment to anyone with an email address and is used to pay for all Pavilion transactions. Ven drives all transactions, whether online or offline, for centralized billing, inventory management, exchange and more. It can also be used as a capital raising tool or as a means of exchange for knowledge from others in the community.