THE REC PROJECTS
Completed projects related to REC
LE TOCA AL BARRIO was created to stimulate consumption in local shops in the Eix Besòs, promoting the attraction and loyalty of consumers. 100,000 RECS will be destined to give a 15% bonus on purchases made in the REC to the neighbourhoods of the Eix Besòs.
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Those people reciving the 016 Children’s Fund who live in the Eix Besòs and who agree to change 25% of the monthly amount to RECS, will receive an extra bonus for 200 RECS to spend in local shops and promote the local economy.
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The REC Cultural is a project promoted by the ICUB and Novact that has been carried out between September 1, 2022 and March 15, 2023 in the neighborhoods of Sants and Poble-sec to stimulate consumption, production and access to local culture through a 50% bonus on the exchange of euros at RECS Culturals and the channeling of cultural checks to reach culture to vulnerable families in the Sants and Poble-sec neighborhoods of Barcelona.
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The ATARCA (Accounting Technologies for Anti-Rival Coordination and Allocation) consortium led by Aalto University (Finland) and formatted by Streamr (Switzerland), NOVACT (Barcelona), Demos (Finland) and Qbit (Valencia), has received 2.75 million euros from the European Union’s Horizon 2020 FET Open, to address the economic inefficiencies caused by the limited supply of digital goods.
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The REC VERD project, co-financed by Barcelona City Council, wants to promote sustainable consumption in the city through the REC currency. To do this, from May 2, 2023 to November 30, 2023, weekly challenges will be published in the “Participate” section of the REC app. These challenges will consist of making a certain number of purchases, spending a certain amount of RECS, making a purchase at a specific store, etc.
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