RICDOG Stock Exchange

The RICDOG Stock Exchange is a corporate game of the scientific-intellectual club "Dialogue of Generations", which aims to establish a fundraising culture among the organization's members and stimulate their activities.

General description of the game:

The RICDOG Stock Exchange is a kind of piggy bank in which virtual money is stored (Rick). A member of the organization collects and spends, exchanges, and redeems this currency. To implement the process, a simulated RICDOG Central Bank has been created, which is responsible for working with the member and teaching him how to interact with money (in this case, virtual money), developing business skills, and teaching him the skills of accumulating, saving and properly managing money.

The bank carries out the following activities:

• Defines risk reserves;
• Prints money;
• Accounts for the "Ricks" accumulated by members;
• Publishes monthly individual and general reports;
• Works with members to ensure the fulfillment of components;
• Implements various types of economic small programs to achieve goals;
• Publishes analytics on the state of risk, forecasts, etc;
• Provides consultations to members on the best use or accumulation of risk;
• Assists members in eliminating debt.

The bank is responsible for the performance of the components.

The components work to develop the following important skills, attitudes, and competencies in organizational members:

• Participation in fundraising;
• Encouraging initiatives among members;
• Motivating innovative thinking;
• Developing business thinking and budgeting skills;
• Teamwork;
• Involvement in the decision-making process;
• Responsibility for shared expenses, income control, accountability, etc.

Rules:

Members of the organization are evaluated on the 25th of each month and their activities are valued in ricks (the organization's virtual monetary unit, a "cryptocurrency"). The game is designed for teamwork, as the team must ensure that ricks remain stable (the starting price of ricks is 10 tetri). At the same time, the game is also individual, as all members are evaluated personally and ricks are accrued to them. They need ricks to receive services in the organization.

Once every 3 months, members can cash out their accumulated ricks in GEL at the current exchange rate.

On the 25th of each month, the organization's board of directors presents a report based on 6 criteria, determining the current rate of rick.

• Monthly budget execution – 0.2
• Attendance at meetings of organization members (attendance of 3/4 of the organization's membership list) – 0.1
• 2 initiatives, project or program ideas – 0.1
• Utilization of working hours by organization members – 0.1 (70% of members)
• Utilization of 70% of payroll by organization members – 0.1
• Career growth – 0.1 (simple majority of the organization's membership list).

In January, when determining the rick rate, 3 criteria are added to the 6 monthly criteria:

• Implementation of at least 2 grant projects (minimum value 4,000 dollars) during the year – 0.2 GEL;
• Implementation of all planned events during the year – 0.1 GEL;
• Change of status of organization members – 0.3 GEL.

Earning ricks is possible through the following activities:

• Program or project coordinator – 200 ricks
• Program Assistant – 150 ricks
• Consultant – 100 ricks
• Initiative – Implementation – 150 ricks
• Writing a project – 500 GEL – 50 points; 1000-5000 GEL – 200 points; 10,000 and above – 1000 ricks
• Star (awarded to a member of the organization for special contribution during the year) – 500 ricks
• Conducting a training, seminar, workshop – 200 ricks
• Implementing other miscellaneous activities – 150 ricks

It is also possible to purchase a rick. The cost of a rick is 0.1 GEL.

The rick can be paid during the implementation of the following activities:

• Membership fee – 5 GEL equivalent in GEL (automatically charged after 3 months if not paid in GEL)
• Coffee and tea – 5 GEL (automatically charged every month)
• Training, seminar, workshop, and other – 100 ricks
• Games – 50 ricks
• Exchange programs – 250 ricks
• Participation in events (trainings, conferences and other) on behalf of the organization – 50 ricks
• Training courses – 100 ricks
• Fines – automatically charged
• Failure to register – 10 ricks
• Lateness to an appointed meeting – 1 rick per minute
• Performing duties – plus 50 ricks
• Following the rules prescribed by the structure – plus 50 ricks
• Provision of one’s own workplace, item, Failure to maintain equipment and other equipment – ​​50 ricks
• Negative program coordination – 50 points