FAQ

General

Projects

Creating Content

Transfer Funds

General

Why is this initiative important?

CM provides an easy way for people everywhere to work together to create economic opportunity, support our environment, and foster connection for social wellbeing.

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How does it work?

By enabling contributors of community wellbeing to work together as one.

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What makes CM unique?

The #1 reason for failure in world aid is it’s distributors inability to engage the people they want to serve. Real needs and challenges are misunderstood. CM’s ability to connect communication with finance – achieved by giving Pi™ to content contributors for promoting projects – provides a way to change this up. It encourages community members with language, resources and literacy skills, to help the needs of underserved markets be heard and understood.

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What are your values and goals?

  1. Community
    To build economic, environmental and social wellbeing from within.
  2. Authenticity
    To enable people to support each other with transparency and trust.
  3. Equal Opportunity
    To bring equal opportunity to be seen, heard and get ahead.
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How are values maintained?

  1. Impact Indicators
    The higher a project’s Impact Indicator, the more economic activity generated from funds: activity that supports people and their communities from within. The higher a project’s Impact Indicator, the more promotion they’ll get.
  2. Project Approval
    To receive funds, projects must be approved by the I3 Investment Coop, which manages contracts and funds. To be approved, projects must use local resources, employ local people, and produce goods and services needed within your community.
  3. Financial Transparency
    Financials are posted online. While maintaining a twelve month float to cover future operations, surplus profits will be donated to the I3 Investment Cooperative for distributing to Community Workshops and Project Funds.

The I3 Investment Coop Board is comprised of forward thinking specialists, who – while familiar with the pros and cons of Business As Usual – are experienced in project concerns. The Coop is held accountable by Securities Commission in British Columbia, Canada. It’s members include Active Funders, who have been giving to projects for 6 months or more.

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What data analysis does CM provide?

CM’s data analysis comes from online conversations, information collected through project submissions, and the circulation of Pi™: the mobile currency given to contributors of content that can be used to purchase project outputs.

  1. Impact Indicators
  2. Big Data Analysis
  3. Project Development Maps

Impact Indicators

Impact Indicators reflect the amount of Pi™ Community Projects have circulated, in relation to funds received. The higher their Impact Indicator, the more they’ve achieved.

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Big Data Analysis

As activity increases, CM will use next generation data analysis tools to extract, analyze and sort unstructured data, such as conversations taking place through mobile texts, comment threads and forums.

Big Data Analysis will have utility and value, because of the premise that understanding and mapping the path of context and behaviors relating to our values and goals, will enable us to identify how we can influence its spread both locally and elsewhere.

“Understanding doesn’t proceed simply from examining data, it comes from examining data in a particular context. Information is useless until we learn what it means. To understand it’s meaning, we don’t only need to ask the right question, we also need the appropriate instruments with which to measure that data in a meaningful process of sharing and description.” – Power vs Force by David R. Hawkins, M.D., PhD.

Project Development Maps

Community Project Development Maps will connect project data to provide visual representation that help members of communities to see how projects can support each other, and what else they need.

Maps will be used in Community Workshops to help participants to identify and develop the projects they do.

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What is the Pi™ Exchange?

The Pi™ Exchange is a mobile tool for exchanging project outputs.

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How does the Pi™ Exchange work?

For every CA $1 of funds received by projects within a community, 10 Pi™ are distributed to contributors of content, who helped attract funds.

Pi™ you earn will be credited to your mobile phone, from where you can exchange it for project outputs, that get funded through CM.

The basic exchange will be built using Social Trade Organizations (STRO) online and mobile banking software, Cyclos.

In time, Pi™ you earn will be held in a secure online account, from where you will be able to retrieve it through your mobile phone, and/or transfer Pi™ to friends and family, peer to peer.

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Why is Pi™ important?

  1. Stimulates economic opportunity within communities
  2. Offers equal opportunity to exchange goods and services
  3. Makes it easier to engage with underserved markets

Pi™ works to continually stimulate economic opportunity within communities.

Projects receiving funds give back by offering what they make in exchange for Pi™ given to contributors of content who helped attract funds.

Circulation of Pi™ is increased by using it to employ local workers, or to purchase outputs from other projects.

The more a project circulates Pi™, the higher its Impact Indicator, the more it gets promoted on CM, so the more likely it is to get funds.

Generating economic activity from within communities matters because:

  1. Of the Multiplier Effect, which says the impact of finance that stays within a community is far greater than money that drifts in and out (ref: amiba);
  2. It encourages projects to act cooperatively, and to Pay It Forward, which increases impact from funds.

Pi™ offers equal opportunity to exchange goods and services.

Less than half the world’s adults have a bank account, let alone a bank they can trust. This reduces their ability to be part of the global economy, to transact and to save.

Pi™ matters because it can be securely exchanged through a mobile. No bank account required.

Pi™ makes it easier to engage with underserved markets.

The #1 reason for failure in world aid is it’s distributors inability to engage the people they want to serve. Real needs and challenges are misunderstood. CM’s ability to connect communication with finance – achieved by giving Pi™ to content contributors for promoting projects – provides a way to change this up. It encourages community members with language, resources and literacy skills, to help the needs of underserved markets be heard and understood.

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What makes Pi™ unique?

Unlike cryptocurrencies that are sold through an Initial Coin Offering – or, ICO – the value of Pi™ is directly proportional to the value created through the production of outputs, that increase community, people and planet wellbeing.

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What do Community Workshops provide?

Project and Media Workshops equip community members with the tools they need to be catalysts of change: discovering and developing opportunities for using their skills in meeting their ambitions for overcoming key challenges that Business As Usual has not been able to do.

Participants come from a sincere desire to uplift community wellbeing by becoming catalysts of action themselves. They will learn how to:

  1. Communicate their needs and vision for what they want to achieve;
  2. Build transparency and awareness of the resources available to them;
  3. Use this insight to develop and promote projects.

Project Workshops enable members of communities to come together identifying, discussing and connecting skills, that build the foundation for generative projects. Project Framework and Mapping Tools will be used to ensure each project supports the next, until the community’s dreams are met.

Communication Workshops provide media training, and access to tools for communicating project ideas and activities with each other and the wider world.

Workshops must provide participants with the skills and motivation needed to become teachers themselves.

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What are Active Perks and how do they work?

Special offers from local businesses. Profits go to Community Workshops. To discover what you can get, check out Active Perks.

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When can I join the coop that manages funds?

An invitation to join the I3 Investment Coop will be sent once you have been an Active Funder for six consecutive months. To maintain membership, you must purchase a Membership Share and contribute an annual fee:

You may only purchase one (1) Membership Share. Membership Shares cannot be transferred.

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How are Impact Indicators calculated?

Project Impact Indicators are calculated as Pi™ exchanged within a project’s account, divided by the total Pi™ given to contributors of content for attracting project funds.

Community Impact Indicators are calculated as the total Pi™ exchanged through all projects within that community divided by the total Pi™ given to contributors of content for bringing in funds.

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What if communities try to manipulate Impact Indicators through ‘fake’ circulation of Pi™?

The system will include Heuristic Rules for spotting user patterns that help us to block illegitimate circulation of Pi™.

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How is the 10% Service Fee spent?

Financials are made transparent by posting online. Surplus profits will be donated to the I3 Investment Cooperative for distributing to Community Workshops and Project Funds.

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Why is the Coop called I3?

I3 = Exponential Impact

Projects the I3 Investment Coop supports:

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How did CM begin?

CM has developed through a series of events, which began in 2006 and are summarised below. They were inspired by a desire for meaningful bridges of unity, that could alleviate poverty and unite the communities around the founder’s home of Whistler, BC. Members of the neighbouring First Nations community of Lil’wat, staff a manual snow removal business co-owned by the creator of CM’s vision.

  1. VoteWhistler – a discussion website engaging local citizens in Whistler’s municipal elections in 2008. Whistler Pique news story about the founder;
  2. The Great Currency Debate – a series of online discussions with alternative currency experts (sponsored by Suncorp);
  3. Impact Economy Summit, 2015 – which brought new economy experts and a changemaker from Bergnek, Limpopo together in Whistler, BC;
  4. Numerous conversations with project workers throughout Africa, and a 5-week visit to Rosendal-Mautse in the Free State.
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Why support underserved communities?

  1. Generally speaking, people who have been pushed down the longest are not only the ones most in need, but are the greatest innovators for what can be done.
  2. By developing a platform that connects people living in challenged environments – where literacy, internet access and communication tools are less accessible – it will be easier for everyone to use.
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Projects

When will my project go live?

Once you have submitted your project, it goes through an approval process, which takes up to 5 days. You will receive an email once it’s complete.

If your project is approved, the email will include a link to its page, from where you can start editing and promoting it right away.

If your project is not approved, we will let you know why. You will be invited to edit and resubmit a project up to 3 times.

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How can I help my project to get funds?

  1. Invite friends and project members to earn Pi™ by becoming content contributors, creating and uplifting content on your project to help attract funds. Pi™ can be exchanged for project goods and services.
  2. Once you have received funds, accept Pi™ in exchange for your goods and services. Use Pi™ you get to purchase resources from other projects or to pay project workers. Doing this increases your Impact Indicator™ – the amount of Pi™ that circulates through your project – which indicates the value you pass on from funds. Projects with high Impact Indicators™ get promoted through newsletters and appear at the top when funders look for projects to support on CM.

By selling things in Pi™, you are giving back to those who helped you. If they like what you make, they’ll want to help you even more.

How do you calculate Impact Indicators™?

Project Impact Indicators™ are determined by the amount of Pi™ transacted in a project’s account, divided by the total Pi™ given to contributors of content for attracting project funds.

Community Impact Indicators™ are determined by the amount of Pi™ transacted through ALL projects within a community, divided by the total Pi™ given to contributors of content for attracting project funds.

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How do I sell things in Pi™?

To sell things in Pi™ you will need to add them to your project’s online marketplace. We will get in contact to set up your account when it’s time to send through your first funds.

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When will you send my project’s funds?

The amount your project must earn before we send funds depends on your Funding Goal, which must be between CA $1,000 and $5,000. Stating your Funding Goal is included in the project submission process

Once your goal has been reached, you will be asked to sign a Project Agreement. The Agreement will include information required to send funds.

Note: The cost to transfer funds will be deducted from the amount that we send, so the more frequently we send them, the more it will cost.

Can my project continue to get funds when my goal has been reached?

Yes, your project will stay open to funding until archived. When we send through funds, we will:

  1. Share ideas for encouraging your supporters to keep funding what you do, and;
  2. Invite you to create a new Funding Goal too.
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How will funds be sent?

To receive funds you will need access to a secure, approved bank, or blockchain account. We will request information when it’s time to send them through.

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How is accountability maintained?

Accountability is maintained by managing finance through the I3 Investment Coop, that funders of projects for six (6) months or more are invited to join. Financials will be posted online.

Before the coop sends through your funds, you will be asked to sign a Project Funding Agreement, where you agree to adhere to our values and goals. The coop may audit projects whenever it likes.

Project administrators will be able to access an itemized ledger of projects transactions – including fund transfer fees – through its online account. The account will be set up when we start to send funds.

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Who is this for?

Project Leaders are people who have adopted, or created the vision, for a specific project in collaboration with the members of the community where the project is located.

With a compassion for, or direct connection to, the community involved, they understand how to engage – and stay engaged – with the community. They are able to define the real needs underlying the purpose and outcomes of the project. They are the driving force on the ground: the champions of both the intimate details and overall vision of a project. Their ultimate purpose, beyond leading a project to its successful completion, is to guide the creation of solutions that can be carried forward and drive a long term impact for the sustainability and well being of the community and its’ people.

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Creating Content

How much Pi™ can I earn?

For every CA $1 of funds received by projects within a community, 10 Pi™ are distributed to contributors of content, who helped attract funds. The more funding your content brings in, the more Pi™ you get.

How do you determine which content brought funds?

How much you make will depend on:

  1. If and how long a funder looked at your content before supporting the project to which your content referred;
  2. Shares of your content – questions, comments and blogs – on Facebook, Twitter and LinkedIn;
  3. Number of likes on your content in CM.

How will I know how much Pi™ I have earned?

Statements showing how much Pi™ you have earned – and from where – will be included in a link when we send through your funds. Statements are posted under Payments in your CM Profile.

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How does Pi™ get sent?

Pi™ you earn is credited to an account set up through your mobile phone. It is sent within five (5) days from when we send project funds. Before you get your first Pi™, you will receive an email asking for the mobile phone number you want to use for your account.

Your number will not be shared with anyone. Your account is as easy as Pi to set up.

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When do you send project funds?

The amount a project must earn before we send funds depends on its Funding Goal, which must be between CA $1,000 and $5,000. You can find a project’s Funding Goal beneath Goals on its homepage.

Can projects keep getting funds once their Funding Goal has been reached?

Yes. Projects are open to funds until archived. They are invited to create a new Funding Goal once the previous goal has been reached.

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What can I do with my Pi™?

Exchange Pi™ you earn for goods and services promoted in a project’s Marketplace. To see what they might add, review what they make and do.

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Why will projects give things for Pi™?

Projects are not forced to accept Pi™ for what they make and do, but the more Pi™ they have, the more they can circulate through their marketplace.

Circulating Pi™ in their marketplace increases their Impact Indicator™: a score that shows how much economic activity – so impact made – they achieve with their funds. To circulate Pi™ projects use what you give to employ workers, and to get things they need from other projects.

The higher a project’s Impact Indicator™ the more we’ll promote them, and the more likely you are to create content that brings them more funds. Be patient though! If projects give away too much too soon, they will struggle to keep going. Believe in them and the will believe in you too.

How do you calculate Impact Indicators™?

Project Impact Indicators™ are determined by the amount of Pi™ transacted in a project’s account, divided by the total Pi™ given to contributors of content for attracting project funds.

Community Impact Indicators™ are determined by the amount of Pi™ transacted through ALL projects within a community, divided by the total Pi™ given to contributors of content for attracting project funds.

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What sort of content can I provide?

Content can include writing, photos and/or videos:

  1. Post Blogs & Comments
    Why is a project important? How does it work? Share ideas and suggestions you have that will help the project to succeed and progress.
  2. Ask Questions
    To ask a question, visit the projects forum. Questions are a great way for you to see what potential funders do and don’t get.
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How is the Pi™ exchange built?

The basic exchange will be built using Social Trade Organizations (STRO) online and mobile banking software, Cyclos.

As activity grows, Pi™ you earn will be held in a secure online account from where you will be able to retrieve it through your mobile phone, and transfer Pi™ to friends and family, peer to peer.

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How is accountability maintained?

Accountability is maintained by managing finance through the I3 Investment Coop, that funders of projects for six (6) months or more are invited to join. Financials will be posted online.

Before the coop sends through project funds, they must sign a Project Funding Agreement, where they agree to adhere to our values and goals. The coop may audit projects whenever it likes.

Project administrators will be able to access an itemized ledger of projects transactions – including fund transfer fees – through its online account.

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Who is this for?

People who promote projects by creating content and sharing with peers through online networks are passionate voices – catalysts of change – within communities, willing to stand out and take action for values to be heard, and real change to take place.

If you are willing to accept to status quo, or in for a quick profit, this isn’t for you. If not, your support will not only bring funds to projects that offer real change for people and their communities, but will aid in the building of trust, dialogue and involvement, throughout the lifecycle of a project. Your contributions will be key to ensuring that the real needs underlying the purpose and outcomes of projects are met.

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Transfer Funds

How much are you asking me to give?

Minimum Contribution: CA $10 per month. The more you give, the more we can do. To get going, select a project, then Support Project.

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Can I edit the amount of funds that I give?

Yes, you can edit the amount that you give by visiting Payments on your CM Profile page.

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Can the funds I give go to more than one project?

Yes, once you’re an Active Funder, your contribution can be shared with as many projects as you like. To add projects, sign in and select Support Project on them too. To take projects away, go to Supporting on your CM Profile page.

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When do you send project funds?

This depends on a project’s Funding Goal, which must be between CA $1,000 and $5,000. It is located on the project’s homepage.

To manage administration costs, transfer costs are deducted from the amount projects get.

Can projects continue to get funds when their goal has been reached?

Yes, projects will stay open to funding until archived. When we send through funds, we invite them to set a new Funding Goal too.

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What perks can I get?

See Perks. Select a community and see what they’ve got.

How can I get more perks?

Talk to local businesses. Tell them about CM and the projects you like. Encourage them to give perks by selecting Active Business from the homepage of this site.

Giving perks provides businesses with a simple way to promote themselves while showing their support for their community and environment too.

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How can I know which projects to support?

Review project pages and see Impact Indicators™.

  1. Content
    Select projects and review the homepage. Read its blog posts and comments, ask questions in the forum, and – if they have them – you can read member bios as well.
  2. Impact Indicators™
    As activity increases, look for projects with a high Impact Indicator™. This is a measure of how much impact they make with their funds.

How do Impact Indicators™ work?

When projects receive funds, they are invited to give back – to Pay It Forward – by accepting Pi™ goods and services they provide. Pi™ is a mobile currency that’s given to contributors of content who helped attract funds.

Pi™ received can be used to purchase resources from other projects or to pay project workers. The more Pi™ circulates through their project, the higher their Impact Indicator™.

How do you calculate Impact Indicators™?

Project Impact Indicators™ are determined by the amount of Pi™ transacted in a project’s account, divided by the total Pi™ given to contributors of content for attracting project funds.

Community Impact Indicators™ are determined by the amount of Pi™ transacted through ALL projects within a community, divided by the total Pi™ given to contributors of content for attracting project funds.

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How is accountability maintained?

Accountability is maintained by managing finance through the I3 Investment Coop, that – by being an Active Funder for six (6) months or more – you’ll be are invited to join.

Financials will be posted online. Before the coop sends through project funds, they must sign a Project Funding Agreement, where they agree to adhere to our values and goals. The coop may audit projects whenever it likes.

Project administrators will be able to access an itemized ledger of projects transactions – including fund transfer fees – through its online account.

Coop Membership: to maintain membership, you must purchase a Membership Share and contribute an annual fee:

You may only purchase one (1) Membership Share. Membership Shares cannot be transferred.

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Who is this for?

Active Funders are looking for an outcome greater than a financial benefit. They are committed to supporting initiatives – where outcomes are continually upcycled and recycled – to create real and sustainable change in society. These changes aid in securing better circumstances for people and communities. They are also interested in the learning opportunities, made available through the support, growth and success of funds they give.

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