Property-club.org  a website run for Property Club International

Opening up a world of joint venture consortium opportunities

Information

The role of bartering

Within a family, club or close group you may all do favours for each other and all benefit from the help available.

To overcome the inequality of input and receipts by different members, barter clubs keep records of the favours as  points, and issue each member with a set number each month for a fee that covers the cost of administration.

Most barter clubs have found that they also need to make extra barter points available for a fee, just to keep the system running and allow some people with uneven or temporarily uneven demands to participate fully.

As these favour units, whatever they are called have zero value outside the group they are usually not taxed or treated as income. All members therefore benefit from helping each other, and no one gets taken advantage of.

In many ways so far, this is no different to normal business. In any transaction a deal is done, you provide or do something for someone in exchange for a reward, the currency or form of this reward may vary. 

The second plank of our bartering systems is reputation and anyone who has used ebay will be familiar with the value the members put on maintaining a high approval rating. Similarly barter clubs can have a reputation scoring part, so that everyone knows that you are doing a good job as agreed, and problems can therefore be avoided. Getting a job done is no longer a lottery and the member who wants a single job done now gets the same service as the person who is going to come back time and again.

The third plank of the barter club is that of belonging to a privileged group that will not let each other down and often go to extreme lengths to make sure that any member in need is helped.

The fourth plank is the marketing advantage, people who have bartering units are perhaps more inclined to spend them, than the same amount of cash.

In 1997 the Bargain and Barter Club was formed as a part of New Atlantis, this used a barter currency called favours, recently all favours have been repurchased by the New Atlantis family, so none now remain in circulation. This club like many others is being packaged for development as a consortium. In future rather than issuing its own currency it will use the same barter currency as all other clubs. Barter5050 is a new bartering scheme being set up to cover the future needs of New Atlantis family member organisations, JVC's and others, and will also be available to a far wider audience through Business Club International.

Although barter economies have many advantages they also tend to usually suffer from one problem, and this relates to the fact that no business can take just barter units, they will have rent, overheads, staff, taxes and more to pay that can only be done using cash. This means that the barter currency although having advantages, may not be able to be as widely accepted as people would like, so may tend to be considered of lower value. Our solution to this, is that while allowing transactions completely in barter units where members wish, to normally suggest that transactions involve 50% barter units and 50% conventional payments, allowing the advantages of both.

The new barter currencies that will be used across all the clubs and New Atlantis family will be issued by NAISC, with the central exchange run by the 50-50 organization, using central common elements agreed through Internet Consortium, an organization that all trusts and most consortiums will belong to. The barter system will be known as Barter5050, and have a range of web sites based on this used to administer and promote it,

The concept is of a central exchange, which will allow transfers not only in a range of barter units but in other currencies as well, this just transfers balances around. A second exchange attached to it allows barter units to be bought and sold on the open market to members, and a closed section does the same but at contract rates. The clubs will obtain new barter units to issue to members through the contract side at a discount, and they and some others will also be able to feed surplus barter points back through this contract side, so new units are only issued when there are not enough in circulation to meet needs.  Some people or entities will be given trading status with the barter units to allow more dealing in them, for example they could buy up surpluses on the open exchange and sell them back through the contract side. As other sections will be able to be added to the central exchange other services such as currency conversion across currencies can be contracted to a service provider or trader.

At a practical level most consortiums will access this range of services and more, through a gateway arrangement with Business Club International (BCI), so that they have access to commissioning arrangements, and bartering. This will normally be included within the consortium by the packager in the form of a licence with BCI. All consortiums that will share data are invited to join Internet Consortium and take part in consultations on future designs. Information on the standard interface is available to them in any event, so that programming or other developments can be done.

Often as a part of the package to set up a consortium a set number of barter points will be issued, and often then as partners are added 25% of the residue, after taking out agreed costs, is converted to barter points. The advantage of this is that from the beginning and as every consortium grows it has a healthy barter account, it can help others and acquire more barter points and utilize a wide range of services and more through service providers. Those organizations that have members and approved traders in barter points can get the barter points at a small discount and a barter exchange allows other deals to be done. Ultimately the barter points are very similar to an international currency with no banking charges.  When conversions occur this cost the clubs about the same as using a credit card processor, but is only on the surplus units traded back, not on the full turnover. In most cases they are buying barter currency at a discount.  Different types of barter currencies and attachment to national currencies add even more to the mix.

The benefits therefore include

• Encourages inter trading (0 sales cost).
• Ease in inter trading.
• Both trade units and premium units, premium units can be converted back into cash through an exchange.
• No transaction charges when transactions in some barter units.
• Surplus barter units conversion back to cash thru exchange.
• Full barter currency, so members can use amongst themselves as well.
• For at least most members income that is derived from bartering is tax free.
• International - central barter currency plus any currency transferred.
• Profit on issuing to members, and trading barter units.
• Allows more member services to be available where members can choose which to use them on or if to buy more units.
• Allows packagers to include budgets and arrangements for some developments.
• Fully on line, later addition of mobile phone interface, no notes, cheques or other complications.
• Tied to service contract and other deals and contract arrangements through exchanges.
• Feedback scoring, so known reliability of suppliers.

The concept of Joint Venture Consortiums is a part of a philosophy by a non profit organization called New Atlantis, it has no connection with politics or religion and exists to improve the quality or peoples lives. This concept is administered through New Atlantis International Services Corporation, who have issued the master franchise to Property Club International, who are the member organization for people  involved in becoming partners in consortiums, and represents people with interest in real, intellectual, internet and other property rights. Property Club International also have to approve all consortium opportunities before they can be offered. Throughout JVC, consortium and syndicate can be taken to mean the same.

This is not an investment or an invitation to take part in an investment.

People who take part are all active participants, involving time and their own expertise.

This website is run on behalf of Property Club International by Self Build llc, we are a  company who are a lead service provider, and package and market joint venture consortium opportunities as well as marketing some others developed by other people. When people take up an opportunity the amount they pay is handed in the first case to an approved stakeholder, agreed with New Atlantis International Services Corporation.  Please make sure you read the information under finding out more.

Property-club.org  a website run for Property Club International

Opening up a world of joint venture consortium opportunities

Site developed by and managed by Self Build llc for Property Club International