Based on existing time banks such as Paul Glover's 1991 initiative in Ithaca, New York, e-flux's Time / Bank "will allow individuals to request, offer, and pay for services in Hour Notes" (designed by Lawrence Weiner and issued in half, one, six, twelve and twenty-four hour denominations). "When a task is performed, the credit hours earned may be saved and used at a later date, given to another person, or contributed towards developing larger communal projects."
Members can obtain Hour Notes by opening an account and earning hour credits by helping others. On the website listings are organised under categories such as Handy Works, Communication, Organization, Education, General Assistance, Transportation, Food, etc.
Quotes taken from http://www.e-flux.com/timebank/
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