If you usually follow us, probably you are already registered at La Plaça, and you have surely seen that on the right side of the screen there is a counter that increases as you read articles and watch videos. You must already know that what you are adding up are Peles, but…. What are they? And what are they for?

The basis of everything is this social network called La Plaça, from which we want to organise ourselves communally so that all those who form part of it are empowered, informed and educated, especially about the economy and finance, but also about sustainability and culture.

What many people wonder, and some of you already know, is what do I get out of registering in La Plaça and navigating through all this sea of audiovisual material?

Why do I have to watch videos and read articles?

First because you get something out of it, since we try to make all the material we publish didactic, understandable and entertaining, like the animated series El Diner. The simple fact of learning something is already a personal enrichment, and this is achieved by visualising and reading at La Plaça, and furthermore, as our CEO Natàlia Cugueró says, this “is one of the ways of acquiring our virtual currency: by training yourself. We pay for people to get trained”.

And we pay by adding Peles, which is the virtual currency of 11Onze, in the virtual wallet, thus rewarding interaction and contribution to the community, either by commenting on the different contents or sharing them on other networks.

As a fintech that aims to make use of new technologies to operate, we follow the current economic trends of virtual currency, which have even led the European Central Bank to consider issuing virtual euros. And this is happening at a time when there is already a country like El Salvador that has begun to accept Bitcoin as legal tender, in an attempt to improve the country’s situation in relation to unemployment and the underground economy.

So, are Peles a cryptocurrency?

No, they are not, but as it seems that we are heading, as a society, towards the disappearance of physical money to which we are accustomed, the 11Onze community will not be left behind. It is for this reason that it has created a virtual currency that is the vehicle for interactions within the platform. In the future, these coins that fill the virtual wallet will be exchanged for products and services exclusive to the community. Therefore, all the effort in content generation and participation will be rewarded, and who knows if in the future, the usefulness of these Peles may extend beyond La Plaça.

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