At Baglio San Michele we want to build a community in which the economy serves families and not the other way around. For this reason we have designed a simple internal credit system that in the future can also be managed in digital (tokenised) form.
This is not a speculative currency or a financial investment. It is a concrete tool of reciprocity: those who give time, work and skills to the community receive in return value that can be used within the Borgo.
How it works, in simple words
Imagine a large shared “family ledger” used by all residents.
When you contribute, you accumulate credits
Every hour of work or service rendered to the community is recognised and transformed into credits. This applies to families who live permanently in the Borgo, but also to those who work at the Baglio without residing there.
When you need something, you spend the credits
Credits can be used to purchase products from the farm and the Cooperative without any mark-up, and to pay for services offered by other families or workers in the Borgo.
Everything remains within the community
Credits arise mainly from work and services. It is also possible to purchase tokens with euros to support the project or as part of the payment for an apartment. The value remains anchored in reciprocity and trust.
Why we do it
More stable and accessible prices
Internal products and services remain more affordable, without speculative mark-ups.
Every contribution is valued
Care, teaching and support among families count as much as productive work.
Greater autonomy
The community becomes less dependent on external markets and more resilient.
Stronger bonds
Every transaction is also an act of reciprocity and closeness between people.
Want to know more or take part?
The credit system is still being defined and will be developed together with the first families. Write to us for more information.
Write to us