Question of Funding

Dayra is a blockchain technology project produced by the Question of Funding to provide a medium through which truly free exchange can take place, via minting and measuring communal resources. According to QoF, through Dayra, a supplementary economy can be established in Palestine that avoids relying on external donors. Dayra, which is Arabic for “circle” and “circling”, materializes the existing trust in social circles within specific communities. The economic model starts with the premise that in times of crisis, individuals, local organizations, cooperatives, and associations have no funds to sustain their operations, but have an abundance of resources and knowledge, whether material or intellectual. The Dayra medium thus aims to generate and store value through the act of exchanging, bartering, sharing, and putting existing resources to use for the common good, giving these resources alliterative values beyond capital. Furthermore, Dayra expands on and makes tangible a community-governed economic system, facilitating and connecting the local economy to and through local cultural institutions, small businesses and creative industries, household economies, and freelancers to foster social development and unity in their geographic context via decentralized blockchain tech.