Our Vision
We envision
a world with a diversity of payment systems and multiple ways to
store value, enabling people to freely choose the values they wish to
uphold through their choice of currency.
We believe
this diversity will foster solidarity, reciprocal arrangements,
and a culture of cooperation over competition.
We envision:
A world filled with complementary currencies (CC)
Empowered communities of free individuals
A monetary system that serves the collective good
Currencies that fulfill functions collectively defined by communities
Monetary freedom — where new forms of money can emerge wherever they are relevant
A movement (MoDi) that makes collaborative finance a common good, leading to citizen empowerment
A world where taking back control over credit becomes a lever to build a sustainable future
More about MoDi
MoDi is a value-driven organization. Our mission is rooted in the belief that money is not neutral — it is a tool that shapes societies, relationships, and futures. We seek to reclaim finance as a public and democratic good. Our work reflects strong social, economic, and environmental commitments, including:
As monetary systems must be governed transparently, with citizen participation and control.
Between individuals and communities, ensuring no one is left behind.
Including the freedom to define value and build systems aligned with our collective needs.
Through decentralized, locally rooted systems that can withstand crises.
Recognizing that monetary design choices affect real lives and must be made responsibly.
By questioning who controls credit, who benefits from money creation, and who bears the burden of debt.
Embracing the idea that there isn’t one single model for value exchange — and that diverse monetary systems can coexist.
Instead of market-driven competition — fostering cooperation across sectors and borders.
Not accumulation — building economies based on mutual contribution and shared benefit.
To shift power away from central authorities towards communities.
for territories and groups to experiment, innovate, and implement the monetary tools they need.
We aim to redefine finance as a space for regeneration — of ecosystems, of trust, of social bonds. At MoDi, money must serve people, not the other way around.
Redefining Wealth
Bridging Dreams and Reality in Monetary Reform
Monetary diversity is emerging as a singular initiative of a broader movement aimed at rethinking and reshaping traditional economic and monetary assumptions. This trend reflects a growing recognition of the limitations and challenges posed by conventional financial systems, which often prioritize short-term gains and centralized control, neglecting the diverse needs and values of different communities, regions and ecosystems.
By diversifying monetary systems, including the introduction of local currencies, digital currencies, and complementary currencies, this movement seeks to foster more resilient, equitable, and sustainable economic practices that support local economies, reduce environmental impact, and encourage practices that are more in harmony with local values and sustainability goals.
The push towards monetary diversity is intertwined with a larger shift towards reimagining economic principles to address contemporary challenges such as inequality, climate change, and social disenfranchisement. It's part of a paradigm shift that questions the sustainability of growth-centric models and explores more holistic approaches that incorporate social and environmental well-being into the heart of economic thinking. This includes efforts to redefine success beyond GDP, towards measures that reflect genuine well-being and the real value of things. By experimenting with diverse monetary tools and frameworks, the global movement is for a recapture of money and its democratisation, paving the way for a stable and fair economic future.
Like many people and organisations before... We provide our humble contribution to the promotion, co-learning, and contribute to the development and acceptance of alternative means of performing monetary functions.
An initiative to spark others
Faced with a fragmented landscape of monetary reformists, MoDi contributes to joined projects carried with NGO's and public authorities with the same understanding of the dire need to invert the pumps of profits and start building regenerative economies.
Past meet-ups
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Practitioners and pioneers of innovative monetary systems lack the visibility they deserve.
Amazing Speakers
Without a doubt, one of the most vivid assemblies of monetary thinkers, practitioners and academics on the topic of complementary currencies and monetary systems
A big network
A lot of friends and partners to discover!
Speakers
Organisations
Evening activities
of complementary currencies & monetary systems
Nicolas Franka, Founder
For more than a decade, I have worked on monetary issues, considering money as a central institution that shapes values, power relations, and collective action.
My work focuses on how monetary systems — as explored through the Monetary Diversity initiative — orient economic behaviour and democratic practices, and how they produce concrete and sustained effects. Democracy, in this sense, is not only about how decisions are made, but also about whether individuals and communities have the economic and monetary means to turn those decisions into reality.
Over this period, I have been engaged with the issue of money, with particular attention to private bank money creation and the structural constraints of debt-based monetary systems.
With a strong commitment to practice, I explore and develop alternative monetary and institutional arrangements — both in the field and through research — that aim to strengthen communities and support a fair and sustainable society.
My approach combines economic analysis, real-world experimentation, and public debate. I work as an economist, researcher, and educator, engaging with monetary theory as well as with the practical constraints faced by territories, organisations, and citizen-led initiatives.
I previously worked with several organisations active in alternative economics and finance, which deepened my understanding of systemic economic issues and the power relations embedded in monetary systems.
Since 2017, I have been involved in the development of complementary payment systems, notably in Liège through the local currency Le Val’heureux.
Since 2019, I have taught monetary diversity at the University of Liège, where the intellectual foundations of the Monetary Diversity initiative were further developed. I have also authored several articles addressing broader issues related to monetary systems and central banking operations.
In parallel, I have advised regional and complementary monetary systems in several countries, including Belgium, France, Switzerland, Sweden, and parts of Africa. This work included contributions to policy-oriented reports for the Walloon Government in Belgium and for the European Parliament, in collaboration with the Veblen Institute.
The formalisation of this experience takes shape through the Monetary Diversity initiative, made possible by the support of partners committed to collective experimentation. The initiative emerged from the need to build bridges between monetary reform actors who were often working in isolation.
I argue that reforming our monetary system — and complementing it with practical, well-designed complementary currencies grounded in renewed monetary theory — is essential to addressing contemporary economic, social, and ecological challenges.
More broadly, my work is rooted in commons-based governance. Whether through the development of a forest-management cooperative, the creation of an eco-village in the Ardennes, or the structuring of communities around complementary currencies, I seek to foster new commoning and sociocratic practices, while exploring legal and institutional frameworks that support the resilient governance of shared resources.