Invitational-protocol (ip) is a variation of mttp, used specifically to outreach to new participants. When Anna meets Barry at a conference, they conduct ip by Anna inviting Barry to come to the next in-person gathering, and offering £10 to be matched by Barry. The conditions are very similar to mttp:
- bring both £10 to the meeting
- optionally invite others to the meeting
If Barry turns up to the weekly meeting, he is welcomed warmly. He brings with him £10 and has invited Chuck, who himself turns up with £20.
In this way, trust becomes transitive, and new participants are genuinely welcomed for turning up for the first time having been attracted to the person who engaged them, the value that was seen in them, or the financial protocol that beckons a completely new economic social contract.
Money can be traced through the trust relationships formed through ip before the meeting has even occurred. Mathematically, the money that is brought to the meeting is at the fringes of the network of trust that has cascaded through ip relationships. There is no money at the centre: the “regulars” have given away their money, and in this process it doubles as ip propagates through a population. (For those interested in the detail, mttp can create equity cycles where a chain of invitations create a closed loop as the initiating inviter is finally invited; this is linear, whereas ip takes this into a two-dimensional radial pattern.)
This is not a straight linear relationship, variations evolve. For example, Dave, Charlie and Barney “nominate” Anna, a particularly effervescent and active member who has time to talent scout over the week. They invite her at £10 each to the next meeting, so Anna starts the week with £40 which she can use to invite four people using ip. If she fails to invite anyone, she can return with £40. Perhaps she invites four people and none turn up, perhaps eight do with £80 in total.
Seen in this way, invitational-protocol is a kind of test for the strength of the social fabric. Not only a social bond between regular participants who attend weekly, but a test of the environment “out there” as new people are approached with eco^2 protocols of trust.
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