Gov/en/Portal:R&D/Innovations:Time Resource Bank: Difference between revisions

{{KidsIntro|Neighbours can swap help, rides, food, or a spare room using WIL tokens: a friendly way to share instead of always paying cash. It is not money, more like a thank-you discount people give each other.}}

{{ExpertIntro|The Time and Resource Bank and the WIL tokens are the same thing: "WIL token" (WikiDeal Inner Life) is a temporary working name, expected to change. WIL tokens are not a currency: they are facilities, comparable to discounts, targeting unexploited resources (housing, transport, food, services). WikiDeal intends to bring the documentation that makes such exchanges safe and simple: compensatory measures, tutorials, alerts, advice, documented limits against abuse, and legal studies so that rings of trust work without disguised-salary risks.}}

= Time and Resource Bank (WIL tokens) =

'''The Time and Resource Bank and the WIL tokens are the same thing.''' "WIL token" is a temporary working name, previously "Miles Credits". "WIL" stands for "WikiDeal Inner Life": a token reflecting the will to share vital community dynamics, a barter-style unit for otherwise unused resources in the functional economy (initial hypothesis; not a currency in the legal sense). The name is a working name and may change. Finding a durable name is the subject of a draft [[Gov/en/Portal:R&D/Open-Call:WIL-Naming|open call]]. The concept is also described, from the Credits angle, on the [[Gov/en/Portal:Economy/WIL-Tokens|WIL tokens]] page of the Economy portal.

WIL tokens are '''not a currency''': they are facilities, comparable to '''discounts'''. The working hypothesis, under legal study, is that like discounts they would not be taxed. They target '''unexploited resources''': unoccupied housing, food still perfectly edible but no longer sellable, under-used vehicles, and similar.

Members offer and request resources and settle them in WIL tokens, which circulate within [[Gov/en/Portal:R&D/Innovations:Rings Of Trust|Rings of Trust]]. This intends to build local resilience and mutual support around non-monetary value. The matching and exchange mechanics are documented progressively as the platform evolves.

'''See also:''' [[Gov/en/Portal:Economy/WIL-Tokens|WIL tokens (Economy)]] · [[Gov/en/Portal:Economy/Rewards-Explained|Rewards explained]] · [[Gov/en/Portal:R&D/Innovations:Rings Of Trust|Rings of Trust]] · [[Gov/en/Portal:R&D/Innovations:Dual Credits|Dual Rewards]] · [[Gov/en/Portal:R&D/Innovations:Main|All innovations]] · [[Gov/en/Portal:R&D/Main|R&D Portal]]