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Beyond bucks: 10 ways to make a difference

Updated: Apr 21, 2021

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  1. One Ballena Buck is equivalent to 10 cents USD. This means 10 Ballena Bucks equals $1 USD, 100 Ballena Bucks equals $10 USD, and so on...

  2. Ballena Bucks are credits you receive for creating useful content or collecting a product to sell to our network. Credit can then be used within the system for products and services as full or partial payment.

  3. There are no debts in the system only credits earned by your own production. If you work on a farm they can pay you in credit you can use for products based on the rules of the merchant. If you create products for a market they can pay you in credit you can use for other products.

  4. There is no currency and no serialization just a simple credit ledger system attached to each user.

  5. There is a maximum of 21Million Ballena Bucks that will ever be created. 10% will be gifted for behavior, and 90% will come from contributions.

  6. Every dollar given to the Ballena Times through monthly subscriptions will create Ballena Bucks 10 to 1 equaling 10 for every USD.

  7. This means a $10 contribution will get you $100, Ballena Bucks Each month you give $10 you will get 100 Ballena Bucks.

  8. Local Businesses will take some percentage only of Ballena Bucks off of your purchase.


Merchant Participation:


If you are interested in taking Ballena Bucks for real goods or services, please state on your profile in the Ballena Times and in the Community Social Network, that "we take Ballena Backs for our products" and then set terms, such as with a minimum purchase of $20 you may pay up to 25% in Ballena Bucks. As the list of those who have an acceptance expands then it will gain real value.


Anything Can Be Valuable:


Value-adding things can be products, labor, knowledge, experience, assistance, or motivation.


Credits will be given to those whose comments are valued most by the community inside the community.ballenatimes.com, so members who like the answers of other members are assisting them in getting real credits. We give 2 Ballena Bucks or 20 cents, to the most liked answer on questions, discussions, and for just being a helpful person through experience points which bank into Ballena Bucks once they reach 100.


This is a simple credit system that represents real dollars in value, as the community chooses to accept them they will equal 10 to 1 currently with the U.S. dollar, and can be disconnected in an instant without changing the value.


Again they are called Ballena Bucks and you can transfer them back and forth.

This credit system has no paper or serialization Each Dollar given to the Ballena Times Software will create 10 Ballena Bucks.

Costa Ballena Times Advertising | $50 | or 500 Ballena Bucks for a free month of display advertising with no commitments or credit cards required. Valid for $50 off larger packages as well.


Simbiosa Restaurant | $5 | Use a Maximum of 50 Ballena Bucks off any visit

Home Farm Diamante Valley | $25 | Redeem up to $25 or 250 Ballena Bucks off any 3 Night or longer package.

 
 
 

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