Use case

LETS Network Software (Local Exchange Trading System)

Modern infrastructure for LETS networks that want to grow without losing their community feel.

In one paragraph

A LETS (Local Exchange Trading System) is a community-currency network where members trade goods and services using a locally-named currency that exists only within the network. LETS use mutual credit — members start with zero balance and go into negative when they spend, positive when they earn. It self-balances over time.

How XO works for LETS networks

LETS networks have a specific operating pattern: small to mid-size memberships, mutual credit (members can hold negative balances), strong local-community identity, and operators who are usually volunteers. XO handles all of it.

The currency name is yours. "Brixton Pounds," "Stroud Hours," "GreenDollars" — whatever your network calls its currency, that's what shows up on every screen, statement, and email. The platform stays out of your community's way.

Mutual credit support — configurable negative-balance limits per member
Locally-named currency (your name, not "trade dollars")
Marketplace for offers and wants with category browsing
Member directory with skills and interests
Email digests so members stay engaged between trades
Multi-language for multi-cultural communities

What's different vs LETSlink, Cyclos, or a paper-based system

Many LETS networks run on Cyclos (powerful but technical), LETSlink (mature but aging), or a printed quarterly newsletter and a treasurer's spreadsheet. Each has trade-offs.

XO sits between them: more modern and less technical to operate than Cyclos, more capable than newsletter-driven systems, and built for networks that want to last 20 years without infrastructure rot.

Common questions

Q

Can XO support mutual credit (members holding negative balances)?

Yes. Mutual credit limits are configurable per member or per member tier. Members can spend before they've earned, up to whatever ceiling your network sets.

Q

Can I name the currency something other than "trade dollars"?

Yes. The currency name and unit symbol are configurable. Your members will only see your network's currency name throughout the platform.

Q

Is XO appropriate for a small (under 100 member) LETS group?

It can be, but spreadsheets work well at that scale. The case for moving to XO is usually about growth potential, multi-language needs, or wanting to look professional to attract new members. Talk to us — we'll give you an honest answer about whether you're ready.

Want to see XO running for lets network software?

30-minute walkthrough on a live sandbox tenant. Bring your specific operating model — we'll show you exactly how it maps onto the platform.

Schedule a Call →

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