The Welfare System

The Welfare System is

Community / Community Based Organisations - CBO


Community based organisations can be non-profit or for-profit social enterprises or local / national government institutions. Churches, schools, municipal parks, welfare centres, police stations, community benefit projects, etc.

NPO - Non-Profit Organisations

In our system, non-profit members are registered non-profit organisations. They thus qualify for certain donations that many community based organisations wouldn't qualify for.

Sponsors

Sponsors are businesses, trusts and private donors. Sponsors do not participate in the Trading System or the Discount System. Business Sponsors may use their TP to advertise. Sponsors are the cornerstone of our Rand Exchange System which exchanges TPs for Rands. Only Staff and Brokers can exchange a limited amount of TPs for Rands.

Sponsor TPs can be allocated to community & non-profit organisations by the Sponsor. However, Sponsor TPs used to advertise through the Advertising System are allocated to the community & non-profit organisations in the Welfare System by one or more of our TP Distribution  Committees.

Use of the Transition Trading Points System as Sponsor for CSI purposes is encouraged because it is an easy way to view, fund, and monitor potential projects. Transparency in our system is a key factor in minimising fraud and increasing the effectiveness of donor funds. Kudos is earned by both the welfare organisation and the sponsor for a job well done.

Sponsor Facilitators

Sponsor Facilitators are individuals that are Online Traders but also Brokers – they acquire and assist Sponsors to effectively participate in the Welfare System and earn a 1% commission fee for their troubles. Commission earnings are taxable. The TPs can be used for purchases of goods and services at all members who accept TPs for trading and discounts from Online Traders.

Welfare Members

Welfare Members are unemployed / underemployed individuals that earn less than 5,000 TP (R5,000) per month or 250 TP per day. They are thus individuals willing to work for a small wage paid in TP that can be used for discounts or to purchase goods and services. Welfare Members can get TPs from all members including the community & non-profit organisations. The TPs can be used for purchases of goods and services at all members who accept TPs from Welfare Members.

Volunteer Corps Members

The Volunteer Corps is made up of full-time volunteers that earn less than 5,000 TP (R5,000) per month or 250 TP per day. They volunteer and travel individually or as a team (group) from project to project. The Volunteer Corps is thus a perfect way to do good and gain work experience while you see the country. The 5,000 TP can be used for purchases of goods and services at all members who accept TPs from Volunteer Corps Members.