The (none)sense of circular money
More than 25 years of R&D
More than 25 years ago, STRO started a systematical Research & Develop program focused on circular money as an alternative for the prevailing money system. A keystone was the successful test of the Fomento approach in Fortaleza. STRO worked together with the executing partner Banco Palmas and fulfilled an advisory role to link existing money to local circular money. The project reached unexpected good results: the impact of donor money was (more than) tripled. From that moment onward, STRO started to develop Cyclos software in order to enable monetary innovations at scale.