AwareNow: Issue 25: The Light Edition

Page 75

EXCLUSIVE INTERVIEW WITH KARLA BALLARD

CURRENCY FOR HUMANKIND CREATING COMMUNITY CAPITAL

Imagine a virtual marketplace where your skills and your time build value, create opportunity and foster community. Picture a place where intersectionality and community blends with everyday transactional services, where no matter who we are or where we come from, there’s a place for everyone to create a world of worth and impact. Welcome to YING. Karla Ballard is the Founder and CEO of this peer to peer skill sharing platform that offers an alternative to the currency construct. ALLIÉ: “Today, I think I’ll create a new system for currency.” I’m sure you didn’t randomly wake up one day and make this statement to yourself. Please share the story behind the story of YING.

KARLA: I was inspired by Dr. Edgar Cahn who founded an indigenous model for skillsharing called time banking. As a former banker I found the idea of banking time super interesting. Two decades later three things took place in society that led me to start YING:

1) P2P Payments through Venmo

2) Sharing Economy projected to be $335 billion dollars by 2026

3) Blockchain gave way to tokenizing other forms of value as currency

CURRENCY FOR HUMANKIND EXCLUSIVE INTERVIEW BY ALLIÉ MCGUIRE WITH KARLA BALLARD

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75 AWARENOW / THE LIGHT EDITION

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