Nibletz Staff
Rehoboth Beach Delaware startup, uSwapia, is the latest to tackle direct and indirect bartering. Many sites have tried to replicate and improve upon the bartering model provided on Craigslist.com. uSwapia has found a way to barter, or trade, services and goods with someone even if they want what you have but don’t have what you want.
Rather than being stuck with a service or item you don’t want uSwapia has a better way as Kevin Clark the company founder explains:
“So I’m an acupuncturist, and have listed myself on the uSwapia site. I state that for 1 token, I will offer somebody an acupuncture service. Fred the baker pulled his back lifting a bag of flour and wants some acupuncture. I don’t want any baked goods, because I’m still holding onto a little bit of holiday weight, but that’s ok. Fred comes in, the site transfers a token from Fred’s account to my account after the trade is completed, and then I can use that token to go hire Suzy the personal trainer to help get me back into shape in time for summer. Tokens are really just placeholders for trades, and basically everything is traded for 1 token. (We find that most trades would retail for between $50-150, but by taking dollar amounts out of the equation, we are trying to shift the emphasis to building community in one’s neighborhood, while operating under the premise that sometimes we are ahead, and sometimes we are behind, but that it all evens out in the end.)”
In essence not only has Clark provided a new way to barter and trade online but also a better one that solves one of the main problems that people have with trading and bartering in the first place. When you take to Craigslist for example you see what everyone has to barter and what they want but sometimes you don’t have anything close.
Check out the rest of our interview with Clark below.