Is Your Neighbour a Member Yet?

Join your neighbours in signing up to barter your time, skills and everyday items...


A 'BIG THANKS' to those who have signed up so far, we are due to announce an official UK launch date very soon...

Social Bartering with Favabank...

Favabank Community Bartering Favabank is modernising the age old idea of barter, exchanging items and time as favours between members of your community. Connect with people in your neighbourhood via the exchange of favours.

Bartering Favours Next time you need a helping hand or need to borrow something, why not try to source it from your local community?

Barter and Recycle Your Unwanted Stuff All barter exchanges are tracked using a virtual currency called a 'Fava', to create a 'gift economy' where the more you have given, the more likely that people will want to reciprocate. The Fava is the foundation for 'pay it forward' economics.

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Chris Thomas | 2 Comments

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Local conversations with local people:

After joining us you'll be able to share stories and conversations about your local neighbourhood, or anything else you want to chat about...

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Favabank Features Ideas

Posted by John Durrant on Tuesday 20th December 2011, 2:57PM

Version 1.0 of Favabank will have the minimum features required to give a good user experience, but with nothing too fancy. If Favabank gains reasonable user traction and begins to become self sustainable then more features can be considered. I'll be creating subsequent posts about potential features in order to create discussions about which would be the most useful. Additional features could include the following:

Groups:
People could set up private groups within Favabank (e.g. trusted members of a babysitting circle) where members can trade favours privately with each other.

Pledge Bank:
Could offer a Pledge Bank facility where someone pledges to do something if others will too. A pledge could also be supported by Fava Credit Donations from the community.

Local Heros:
A way of nominating a 'local hero', and perhaps allowing people to vote with their Favas to select winners, who might then receive the donated Favas?

Charity Donations:
Could have a feature whereby if a user could redeem a certain level of debt by making a commensurate donation to charity (which in itself could be seen as a 'favour'. The charity gets some dosh and Favabank would also benefit from the PR created by association with charities.

Local Content:
Local content sections could include: Community News (perhaps user contributed), - contributors could also be awarded 'micro Favas' by other users who like the content; Employment &amnp; Jobs; Classified Ads etc....

Companies / Organisations:
Facilitate B2B and B2C (or C2B) trades. E.g. A company could offer a 'Micro Fava' in return for some kind of engagement from the public such as completing a questionnaire.

Control who sees Ads:
Show to just friends; Show just to people in x miles radius (e.g. neighbours); or show to everyone.

Local Councils / Projects:
Local councils could use Favabank to 'pay' volunteers.

News Feeds & Events:
Like Facebook, a facility to provide feeds from people. Perhaps these could have more of a 'local' flavour - e.g. announcing local events etc.

Messaging Multiple Participants:
The version 1.0 messaging system allows one to one messaging, however it is set up to allow multiple participant messaging in future versions.

Suggest Ad to Friends:
If you see an ad that you think would appeal to your friend, you could tag the ad for them.

List Stuff for Hire:
Create lists of your stuff that you'd be happy to loan, to create a virtual local hire shop.

Skills Lists:
Create skills lists, with proficiency levels, so people can browse skills in their neighbourhood rather than relying solely on ads. Mini Profiles of those with appropriate skills can be displayed against relevant Ads.

Projects / Goals:
Allow users to list their current projects / goals so people may spot matches when browsing.

Search by city / town instead of postcode:
The Postcode database currently used is based on info from Ordanance Survey which includes longitude and latitude of postcodes but does not include the city / town name. Royal Mail provides full geo data with all details but is very expensive so this may only be used if Favabank generates appropriate revenue.

Set Multiple Areas:
Later versions could allow the user to set multiple locations that are relevant (e.g. home address, work address, parent's address) - searches can automatically include these areas unless opted out in search box.

If anyone has any thoughts, comments or suggestions about the ideas above it would be interesting to hear them...

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Please use this forum to share your opinions, news, ideas and stories whether local to your area, relating to the use of Favabank, or if you just wish to join in & start a conversation...

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Hyper Local:

While these social pages can be used for general comment, one thing we really want to try to develop is greater community participation through discussions about local issues. Here are some areas that may give you some inspiration for local topics.

  • Local news, views, stories & events
  • Local services & amenities
  • Local issues, planning applications & campaigns
  • Local arts, music & entertainment
  • Local charities & volunteering
  • Thoughts on your local high street
  • Local sports and competitions
  • Brilliant things that have happened in your neighbourhood
  • Acknowledging a local hero
  • Ideas to improve your community
  • Local politics & economy
  • Local history & heritage
  • Local places, spaces & attractions
  • Whats happening up your street?
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