What could you sell in NEMs?

The key to a new NEMs sector is a committed franchisee. The system is not allowed to have one controlling entity which could create unacceptable levels of market distortion. The core servers are run by a consortium of companies but each sector below would be run by a self-financing franchisee taking a cut of revenues flowing through their particular market. That should motivate each of them to drum up liquidity and constantly stay on top of any issues emerging from the way they’ve structured their market.

The point at which any particular sector is added would depend on a knowledgeable franchisee coming forward and the complexity of launching that market.  We’ve put together a few sample sectors below, some of them are broad areas, others very specific. Our legislation section explains how sectors can start broad with one franchisee then subdivide between new franchisees.

This list omits short periods of conventional employment and services bought exclusively from government. NEMs has markets for both, but they would make this list too long. Sectors are divided according to their technical and operational complexities.

These sectors could be launched as soon as the core platform is in place.

Here’s some sectors that would require a little more effort. That might mean specialist functionality within the system or overcoming regulatory issues or just problems in aggregating enough supply to start a viable market.

These sectors might be dependant on other sectors having reached maturity. For example: a market in which anyone could sell take-away food would be much more powerful if it could interlock for each transaction with local markets in which anyone could sell home delivery services. Some of these markets carry substantial liabilities, such as provision of cash collection. Others are always going to be little used sectors.

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