How to Use FairFunds

How do you acquire FairFunds and get out of poverty?

Everyone has a skill, knowledge they can teach, or service they can provide. Choose something you love doing, and post it on the "Post Your Job" tab; it is free to post. State its price and the percentage of dollars and FairFunds that you want for it. We recommend asking for at least 20% in FairFunds, with the rest in dollars. You will more likely get buyers by accepting 80-100% in FairFunds. If you have several skills to sell, make a different post for each skill.

 

You can edit or delete posts at any time, after you log in.

 

FairFunds come in 1, 5, 10, and 20 denominations. We expect that the 1 denomination will be the most popular.

 

How do you convert FairFunds into dollars?

View the Jobs listings here.  Find something you want to buy, and contact the seller.

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If you have excess FairFunds, you can sell them to the approved non-profit for a 5% cost: i.e., get $0.95 for every 1 FairFunds. The FairFunds must be currently stamped.

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How do you convert dollars into FairFunds?

You can buy FairFunds from non-profits, 1 FairFund for 1 dollar. The non-profit can purchase them from the City for a 3% discount; thus, your purchase supports the non-profit.

 

How do you buy with FairFunds?

If a merchant has not posted the percentage that he will accept, ask him. We suggest merchants accept at least 20% of a sale in FairFunds.

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How do you stamp FairFunds?

All FairFunds coupons expire at the end of each quarter (3 months), and must be stamped to renew each coupon. The purpose of stamping is to pay for the currency; 2% of each denomination is the cost of each stamp. More importantly, no one wants to take the time to place stamps on each coupon, so go spend it before the end of the quarter when the coupon expires. This will increase the circulation like a “hot potato” and prevent hoarding.

 

The stamps come in sheets which can be purchased from the approved non-profit.

 

How to make change

If you wish, you can use stamps to pay smaller amounts. Stamps come in values of 2 cents, 10 cents, 20 cents, and 40 cents.