Skip to Main Content

The Sunrise SOL Currency

Date started: 
20 August 2009
Public Launch date: 
20 August 2009
Number of People Involved: 
500
Geographic region : 
South West
Geographic region : 
England
Geographic region : 
United Kingdom
Last updated: Friday, 16 July 2010
Javascript is required to view this map.

Project Aim

This project was originally run at the Sunrise: Off Grid Transition Gathering in August 2009. The idea was to play with the idea of a complementary Transition currency within an extremely localised and time-limited environment, in this case an education camp. 

We aimed through this project to design and produce notes valued at the equivalent of £1 sterling and which were titled SOLs (Symbol of Life). These were then circulated for use at the Off-Grid event and accepted by (nearly) all traders throughout. 

The primary aim, beyond experimentation, was to raise awareness of the concept of complementary currencies and Transition in an interactive, experiential way. We also hoped that by introducing the SOLs, it would encourage an increase in spending at the event caterers, rather than attendees visiting the local supermarket or other off-site facilities. They notes were circulated by and as part of the Post-Economix Area of the event - which had a whole programme dedicated to new ways of thinking about currency - from LETs schemes through Freeconomies to the Totnes Pound.

The Sunrise SOL is to have its second outing at Off-Grid 2010 from August 19th - 22nd.

 

Further details

 The SOL was essentially a Transition £1 note. - exactly the same as the well-known extremely successful Totnes or Lewes £-Pounds which have received much media interest over the past year. 

The SOL note was treated as legitimate currency equivalent to £1 sterling at the Sunrise: Off Grid Transition Gathering from 12 noon on Thursday 20th until 12 Midnight on Sunday 23rd August 2009.

The notes were 'sold' from the Post Economix Area of the event and given out in change by the main site traders. Over 1000 notes were in circulation during the event. At the end of the gathering, traders returned the notes to ourselves whom then exchanged them back for £ sterling. 

The notes were produced through funds received from Avalon Fair Shares.

A crib sheet given out to traders at the event is attached to this profile.

The Sunrise SOL is to be rerun at Off-Grid 2010. See website for details...

http://www.sunrise-offgrid.com

Inspiration

Transition Pound Initiatives such as those in Totnes and Lewes. Occasional currency schemes run at events internationally - such as BOOM festival in Portugal.

Outcomes so far

The response was fairly positive. We conducted an esurvey after the event, which revealed that: What are SOLs? 6% Heard of them but didn't use them 39% Got some in my change and spent them 39% Exchanged a few for cash and spent them 10% Exchanged lots and used them as much as possible 6%

Unexpected outcomes

Less uptake than we had hoped initially, but would expect more in future years if it is repeated.

Obstacles, and how we overcame them

Cynicism from site traders:- Had to do a lot of carousing and persuading with some. Sent out or gave factsheets to them explaining the basis of the SOL.

Getting the message to public:- Was 50% successful, though many could not see the point, I think, and did not fully engage with it.

Lessons Learned

We would, in future, get ticket buyers to purchase SOLs with their tickets, which would then be given to them on entry. Or else give them 5 SOLs as part of ticket price so that the money goes straight into circulation.

Sources of Funding

Avalon Fair Shares paid for costs of the note's production. This was acknowledged on notes

Sources of materials

Used a Secure Ticket Printing Firm. All graphics for note designed in-house by our designer Jake Ewen

Contacts

Primary point of contact: 
DanSunrise