Circles Groups

Unlock the power of community with Circles Groups: A comprehensive guide to creating, managing, and leveraging your group's unique economy.

• What are Circles Groups?

• How To Create a Group?

• Technical Group Details

• What's Next?

What are Circles Groups?

Circles Groups allow communities to engage with a new fair currency protocol, earn rewards, and grow their networks meaningfully. Groups have the freedom to define their own rules, membership criteria, and internal economies. Each group can decide who qualifies to join, whether it's based on location, shared values, participation level, or existing trust relationships.

Circles groups help communities build trust, collaborate, and create shared economic value. Each group has its own currency, allowing members to exchange their personal CRC tokens for group tokens. This system enables real-world use cases and empowers communities by increasing the utility of CRC tokens through demand and adoption. In the future, demand for group tokens can grow as local donors and businesses begin to accept them.

Why Groups Matter

• Group currencies increase daily CRC usability

• They promote internal circulation and demand for CRC

• They power real-world use cases, all while staying connected to the broader Circles network

Key Takeaways

• You only need 3 people to start a group

• Group tokens are backed by the personal CRC of members

• Groups set their own fees for users, which are completely customizable

• The more your group uses and promotes its token, the more valuable it becomes.

Ready to build your community? In the next section, you'll find a clear, step-by-step guide to creating your Circles Group. We've broken down the process into easy-to-follow actions, ensuring you can set up your group quickly and efficiently.