LETS Network

A LETS Network, or Local Employment and Trading System, is a community-based system where people exchange goods and services using a local currency instead of cash. Members earn credits by providing services or goods and spend those credits within the network. This system fosters local economies, strengthens community ties, and promotes sustainability by encouraging people to support one another directly. LETS networks often operate outside traditional financial systems, allowing participants to trade based on mutual trust and needs, not just monetary value.