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The mechanics of funny money are still experimental, and the first sessions are about developing the process rather than products. Here's a draft: We get $100/hr to invest and we also give money to anybody who makes us laugh. Then we write all our funny ideas and projects on funny money and invest our money in them, by writing our names and amounts on the back in pencil, so we're free to shift our investment around. Then we combine our funny ideas to increase the joint investment. For example, they may form a theme for a funny party. For a project to go ahead it needs additional investment of materials, funds and labor (at $100/hr), which may be informal or written down with the other investments or handled any number of ways. Donors don't have to wait for projects - they can invest in a funny. If it says exactly what they support, their investment will find its way into the right projects. We can learn the system with small events and projects. Larger and ongoing projects may need ongoing support. Donors can support for any arbitrary reason, but matching the funny money investments is a good strategy. 1. It strengthens funny money, as investors see it generating real money. 2. It expands the artistic judgement from the donor to everybody involved. 3. Large donors can move more cash with less decision-making effort. 4. Matching funds stimulate the growth of the funny money economy. This links serious money to funny
money, which could be a danger. The rule is funny first. Funny
money leads. It's the primary value. Serious money comes in later,
in a support role. Then growth is humor-based and not trying
to fit a business model. |
I'm in grave danger of being blissed >> |