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May 13, 2004

New community site

There are way too many "social networking" sites. I am a member of them all. None has really given me value. The two most valuable have been Spoke and Linkedin. Listening to the radio the other day on the way back from work, the founder of TimeBucks was on. It is like an e-bay for your volunteer time. I just created an account to try it out. This is not a full review of the experience yet. The idea is you set up an account and tell the system something about you and what you like or maybe what you can do. Other people in your area sign up. The idea is connect non-professional people with others who need something done. This is neighbors helping neighbors. No money changes hands. You search for someone to help fix your toilet but you won't get a professional plummer. The non-professional aspect keeps the transactions free of the dreaded IRS. If you find someone you like, you have them come fix your toilet. That person gets time bucks (15 per day regardless of hours). You need to pay that person in timebucks you earn by doing something for someone else in the community.

The big producers of timebucks now are Massage therapist. There is a shortage of real talents on the system. Just over 1000 members. Only 273 in Seattle. Seems like an interesting twist on the social network no-money thing. The guy who founded it is one of these "alternative currency" guys. Friend of barter, etc. You could call this a big non-professional barter exchange. I may try out some of the people.

Keep an ear here for more. Don't have any idea how this guy is going to make any money though.

Posted by Martin at May 13, 2004 10:02 PM

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