Demo - RxC Summary

Video

The demonstration is about an experimental community currency system called “EDGES” implemented at Edge City Lanna as a social experiment to foster community engagement.
The core problem addressed is how traditional money systems, acting as universal units of account, can erode local community connections by prioritizing global supply/demand over local needs.
Two key concepts are introduced: 1) Mutual Trust - participants contribute a small amount to join and can withdraw more, building trust within the community. 2) Exit Taxes - friction is added when moving value out of the system to maintain a semi-closed economy.
The goal is to create a currency system that captures the coordination benefits of money while strengthening local community bonds and context.
Participants can join EDGES through a trust ritual and an initial 100 EDGES currency allocation. The system’s rules are malleable based on community feedback.
While technical details are limited, the focus is on exploring novel social dynamics and incentive structures around community-driven economic models.

EDGES is an experimental community currency aiming to build trusted local economies without eroding social cohesion
Uses mutual trust buy-in and exit friction to maintain a semi-closed, community-focused value system
Rules are iterative and open to participant input to find optimal governance model
Success hinges on fostering collective understanding of empowering the community over individuals
Offers a sandbox to explore novel economic and social dynamics around localized value exchange
Potential to scale by replicating the model in other communities if proven effective

Matt (Speaker A)
Role: Founder/Lead of Radical Exchange (Project behind EDGES)
Expertise: Community currency design, economic anthropology, alternative governance models
Key Contributions: Introduced core concepts of EDGES system, mutual trust mechanism, exit taxes; Invited participation and iteration