Gift Economy

A gift economy, gift culture or gift exchange is a mode of exchange where valuables are not sold, but rather given without an explicit agreement for immediate or future rewards.

Gift Economy References

What Does It Mean For You?

It means that I will discuss your project or need with you and provide you with an estimate in hours for me to accomplish the task.

I will then complete the task and turn it over to you when you are satisfied as a gift.

You then decide what to gift me you feel the job is worth based upon the hours I worked on it.

A Win-Win Situation!

There is no haggling.

You gift me what is a fair value to you.

This concept helps build trust among one another.