LETS

LETS, which stands for Local Exchange Trading System, is a community-based network where members exchange goods and services directly, using a local currency or credit system instead of cash. Participants earn Credits when they provide services or goods to others and spend Credits when they receive services. This encourages local resource sharing and cooperation, helping build community resilience and reducing reliance on traditional money. LETS operate on mutual trust and transparency, fostering a supportive environment for economic activity within a specific locality.