The Favour Bank
I find paying for goods and services using e-money is such a rigid and formal process. Will we see other systems of trade emerge as e-money replaces cash? I decided to look at de-centralised, unmonitored methods of trading services, which resulted in an experiment called the favour bank.
The favour bank works on a currency of favours. If you need a favour you can take a contact from the bank as long as you replace it with a card containing your own name, contact details and expertise/ interests. It aims to encourage more collaboration between people from various disciplines within the RCA.
To launch the experiment and get favours into the bank, I made waffles and sold them for favours one pleasant afternoon. This generated a total of 41 favours for future interactions.
Video Clip: Introduction
Video Clip: Waffle Sale
The Cloud Project (in collaboration with Zoe Papadopoulou)
The Ice Cream Van (in collaboration with Zoe Papadopoulou)
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Design for Industry
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