Cereal€
A cooperative exchange unit, reserved for members.
Cereal€ makes exchanges within the Turbo Cereal ecosystem easier and more secure. Inspired by the model of local complementary currencies (ESS law of 31 July 2014), it is a tool at the service of the farming network — not a financial product.
How it works
Between members
Cereal€ circulates between cooperative members to settle exchanges of goods and services within the network.
Payments via the cooperative current account
Cereal€ settlements go through the cooperative current account (CCA), the cooperative’s ledger: every movement is recorded there, in full transparency.
At the service of the network
By keeping value within the farming network, Cereal€ supports local activity and short-distance exchanges between producers, partners and the cooperative.
Simple and instant
A fast, frictionless settlement, built into your Turbo Cereal space.
To be clear
- Cereal€ is not a cryptocurrency.
- Cereal€ is not legal tender: it is not an official means of payment, but an exchange unit specific to the cooperative.
- It is an internal exchange unit, inspired by local complementary currencies (ESS law of 31 July 2014), reserved for members.
- Cereal€ exchanges are capped at 1 million euros per year, within the framework of local complementary currencies.
Join the cooperative
Cereal€ is reserved for Turbo Cereal members. Join the network to benefit from it.