openmoney

As of today, 6 businesses have registered in the Comox Valley community way project and 29 more have agreed to participate but have not yet registered. Follow progress at http://twitter.com/cvcw

We plan to launch in early July, which is when we anticipate the paper currency will be ready for circulation. Between now and then we will host a number of pre-launch meetings for businesses and community groups. We expect to have at least 50 businesses registered by early July, which translates into about cw$100k for community orgs and cw$10k for development.

We haven't yet done any serious advertising or promotion. That will soon change as we gear up for for the Vancouver Island Music Fest July 10-12.

Project development is funded through business registrations in cw$, not subsidies from government, philanthropic agencies or individuals. A few people have invested time, a few hundred in cash, and printing services for promo material, to be recovered as cw$ begin to flow.

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