Ven is a virtual currency used by members of Hub Culture to buy,
share and trade knowledge, goods and services on a global basis.
The currency is currently linked to a highly diversified basket of
currencies, commodities and carbon futures and trades against other
major currencies at floating exchange rates.
Ven first appeared as an application in Facebook on 4 July, 2007.
In late 2008, the currency became tradeable to anyone with an email
address, making it the first global digital currency to move from
an online social network into the real world. In 2010 the currency
moved to its present diversified structure, making it the first
environmentally backed currency. Ven was the first virtual currency
to develop linked derivatives, funds, commodity trades, and
micro-finance projects through the development of Hub Culture
managed virtual currency products - http://hub.vg/funds
Hub Culture is a network of over 20,000 professionals, executives
and entrepreneurs who are motivated for positive social and
economic change. Hub Culture is a network with primary bases in the
world's big urban hubs, including London, New York and San
Francisco, Geneva, Bermuda, Singapore and Hong Kong. Hub has over
60 representatives in major cities around the world.
Ven first appeared as an application in Facebook on 4 July, 2007.
In late 2008, the currency became tradeable to anyone with an email
address, making it the first global digital currency to move from
an online social network into the real world.
Ven is a virtual currency used by members of Hub Culture to buy,
share and trade knowledge, goods and services with anyone in the
network and can be spent at any Hub Culture Pavilion. The currency
is currently linked to the U.S. dollar at a rate of 10 Ven to the
dollar and trades against other major currencies at floating
exchange rates.
Ven first appeared as an application in Facebook on 4 July, 2007.
In late 2008, the currency became tradeable to anyone with an email
address, making it the first global digital currency to move from
an online social network into the real world.
