Virtual Money

cimarket creates a virtual wallet with virtual money to each customer when he joints into the web platform. Also cimarket pays virtual money to customer members that give valuable information to suppliers or to those who do volunteer in cimarket community works.

Each supplier member defines the percentage of the price that want to (or can) receive when sells each product. Each retail partner, on their cashier, has to have the ability to give to the customer members the total amount of the purchase and the amount of virtual money that can be used to paid the total amount. Bigger is the percentage of virtual money that suppliers are willing to receive, bigger could become the commitment from customers to them.                               Supplier can use the virtual money they receive to pay some services to other members.      

When a supplier member modifies the percentage of virtual money accepted for a product, this information is communicated to all competitors, and everybody within the web information process. It has to exists a clear definition of virtual money policy price, and a maximum of times a year that it can be changed. We have to avoid any loss of time in promotional games that could be created by the virtual currency acceptance.

 As any central bank that create money, we could imagine that cimarket will have to balance the payments of virtual money to members with the the level of acceptance of these by vendors; but we also could dream in generate a big volume of money supply without the creation of inflation, helping to really satisfy the customers needs and get off from the current scarcity perception.