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# Micro-Local Currencies
Bijlmer Euro Incentivizes Community Participation in South East Amsterdam

By Christopher DeLuca | Published 2011-06-15 | Tech
Source: Trend Hunter, https://www.trendhunter.com/trends/bijlmer-euro
References: [bijlmereuro.net](http://www.bijlmereuro.net/?page_id=25&lang=en) & [christiannold](http://www.christiannold.com/archives/1)

The Bijlmer Euro is a very unique idea to encourage residents of South East Amsterdam to buy locally created products. The currency, which was developed by artist Christian Nold, aims to [strengthen community ties](https://www.trendhunter.com/trends/neighborhood-relations) in the neighborhood.

The Bijlmer Euro uses standard Euros and places an electronic sticker on their surface. When the sticker is scanned at local participating shops, a note is made indicating where and when the money has been spent.

Aside from using the Bijlmer Euro to create a sense of community, the currency offers customers the possibility of getting a discount that wouldn't otherwise be available to customers using standard Euros. The Bijlmer Euros is a remarkably creative and ingenious way to [encourage people to purchase locally](https://www.trendhunter.com/trends/love-local).

## Trend Insights (Trend Hunter)

- Score: 1.6/10
- Popularity: 6% | Activity: 33% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech)

## Key Themes

### Key Themes Behind This Trend

- **Micro-local Currencies:** The Bijlmer Euro incentivizes community participation in South East Amsterdam.
- **Community Strengthening:** The Bijlmer Euro strengthens community ties in the neighborhood.
- **Alternative Discount Systems:** The Bijlmer Euro offers customers exclusive discounts for local purchases.

### Where This Applies

- **Retail:** The retail industry can benefit from implementing micro-local currencies to stimulate local spending.
- **Finance:** The finance industry can explore new opportunities in developing and managing micro-local currency systems.
- **Art and Design:** The art and design industry can play a role in creating visually appealing and secure micro-local currency materials.

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