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Those few friends told a few other friends, and they told a few other friends, and the numbers exploded.Within about 18 months, there were more than 12,000 members.suggest this article is worthy of re-read and a place in the very Best of H .] Recently I made a bet with a member of the Institute for Ethical and Emerging Technologies.That bet sounded to him like I was being wildly optimistic, and he jumped at it, thinking it was a sure bet that I would lose.While there's no money allowed, many Bunz members ask for transit tokens or tall boys of beer, which have become sort of unofficial currencies for Bunz members.Some traders are ISO "420," a euphemism for marijuana.
However they do it, Jackson says, Bunz might be on to something."And I've actually become good friends with the artist." It's that human connection, Bitze says, that is the key to Bunz's popularity. Because you take money out of the equation, there's more room for goodwill," she said."You might do a trade with someone and sit down and have a coffee with them. I think a lot of people really lack that sense of belonging in a community." But how does Bunz, which is no longer a private, invite-only group, maintain that sense of community now that there are tens of thousands of members and more joining every day? "We're not bringing in any money at the moment (other than the angel investor funding).Funding from the angel investment is paying for a downtown Toronto office, three app developers and seven employees, but there is no business model as yet.Bitze, 32, a musician who also worked in a clothing store in Toronto's hip Queen West neighbourhood, started the group about three years ago, essentially because she was broke and hungry.