Overview
If you are here, you might be asking yourself, "In the vast sea of web applications sites out there in cyberspace, why am I here at Swaplogic, and why should I come back?" Hopefully this tutorial can answer most of your questions.
Swaplogic has many facets. It is a marketplace for goods and services. It is a place for self promotion of the products or services that you offer. It is a collaborative multimedia art project that integrates words, images, video, and audio into powerful messages. It is a place to do research and provide feedback for reviews on people, places and things. It is a place where members can express themselves freely and use the power of collaboration. It is a place where Accountability is paramount and is the foundation of the Swaplogic system.
First and foremost, we at Swaplogic use the term Accountability quite liberally so we feel as though we should make one important distinction:
Accountability is not Credibilty. By our definition, Credibility is an implied reputation. Credibility is often translated into trust in that person or product. Anecdotes and commentary are great tools for conducting research, but where these bits of information can fail is in their lack of relation to a specific event. If you can tie feedback to a event that was agreed upon (in verbal or written form), this information gains value. With that in mind, we define Accountability as a factual reputation that can be proven by the outcome of a contractual agreement. At Swaplogic, we have created an environment for you prove that you are accountable for your actions, and meet, communicate with, and transact with people that are the same. One day, we hope that people will use Swaplogic as a tool to determine Credibility through Demonstrated Accountability.
Swaplogic is a community that collaborates information to demonstrate the that they are accountable for their actions, want to meet/communicate/transact with similar people, and the products/services they buy and sell.
What does Swaplogic offer?
- Bid/Ask Marketplace - Classified ads for products and services offered by Swaplogic Members
- Contract Templates - Create, Negotiate, Give Feedback on agreements between counterparties
- Member Biography - Tell your story, or let other members tell it for you!
- Comments/Feedback - can be in text, video or audio format!
- Multimedia Galleries - Store images and video of yourself, your produts, your services, your experiences, your portfolio... your life!
- Search - Use keywords or tags to explore the wonderful world of Swaplogic
- Member Profiles - Shows the history of every user including all of their Finalized Contracts, Bids/Asks, Biography, Multimedia Gallery and Swaplogic's own accountability scoring system, the SwapScore
- Instant Messenger - PHP121 powers Swaplogic's Instant Messenger client, that allows Members to chat and collaborate in real time!
Swaplogic operates on 3 fundamental functions:
1. Create Contracts between two Swaplogic Members
- Agreements can be in the form of a "Contract" or a "Promise" with any registered Swaplogic Member, whether its your Mom, Brother, Sister, Cousin, Employer, Friend, or Enemy...
- Contracts can be about anything. They can be for a loan, or an agreement to exchange goods/services, or maybe its just a promise between friends to have pizza every Friday night and see a movie afterward. There really are no limits to the terms of the Contracts, so be creative!
- What good is a Contract without knowing it was fulfilled!?! This is why Swaplogic allows members to provide feedback and discuss the outcomes of the contracts that they were involved in.
2. Create Classified Ads
- Request or Offer goods/services from/to Swaplogic Members
- Promote yourself or your business. Or, find employment by responding to requests.
- Get rid of your junk! Or get more junk!
- Create contracts from the responses that you receive from your Bids/Asks to add to your Track Record
3. Demonstrate Accountability through a Public Track Record
- Contract history including Feedback provided by both participants in the agreement
- Biography written by you and others that have interacted with you
- SwapScore - a parameter calculated based on Feedback to show your performance
Swaplogic includes a number of other features and functions, but they all revolve around these three things.
Here is a quick list of all the Swaplogic Help Resources
By using Swaplogic, you agree to our
Terms of Use agreement as well as our
Privacy Policy. If you do not agree with any of the contents of those policies, please do not use this site.
We at Swaplogic are trying to make the world a better place by bringing forward the concept of public
accountability in an easy to use and efficient format, BUT by no means is Swaplogic, the SwapScore, or any other contents of Swaplogic.com a guarantee of performance, a substitute for proper due diligence or a legal opinion that is advised from a qualified legal professional and considers the law of the
region/country you live in! So please use this service as a tool to help you in all of your personal and professional dealings, but exercise caution, prudence and diligence with or without the help of Swaplogic’s services. Swaplogic takes no responsibility for the outcomes of contracts drafted, negotiated or finalized on Swaplogic.com. Protect your personal information at all costs and
share it on this website at your own risk. Just to reiterate: you bear all of the risk associated with using and/or participating in the Swaplogic community.
We here at Swaplogic realize that by creating an environment that thrives on transparency that members could potentially be left exposed. Be aware of this risk, not only on Swaplogic, but on other Internet websites as well.
Please, please, PLEASE use common sense, exercise prudence, air on the side of reasonable caution and PROTECT YOUR PERSONAL INFORMATION AT ALL COSTS. Never publicly reveal any information that you would consider private in Contracts, Bids, Asks, Comments, Communications, Emails and so on. If you choose to do so,
you assume all of the risk inherent in making your private information public. This includes sharing any of your private information including, but not limited to:
- Your Name
- Address
- Phone Number
- Social Insurance Number
- Credit Card or Banking Information
- Any other information that you want to protect or keep private!
Swaplogic will not assume liability for any actions that you or others may undertake to make your private information public. If you have knowledge of a security breach, contact Swaplogic and report the matter by clicking here.
Any information posted on the Internet is potentially viewable by millions of people. Please remind yourself of this any time you use Swaplogic or any other website.
Unfortunately, you cant prevent what people will say or write about you, especially on the Internet where anonymity is inherent. Swaplogic works to reduce this by requiring that Members are accountable for the things they say/do. You must be registered with a valid email account in order to add any content to Swaplogic, including Contracts, Bids/Asks, Multimedia, and even Comments. We require this as a way to enforce accountability.
Still, even with the measures that we have taken to enforce accountability on Swaplogic, it is difficult to prevent people from acting in a malicious manner (no matter how idiodic and pointless that might be). But herein lies an opportunity to exploit the power of the collaborative community. Swaplogic is more than just a place for classified ads and contracts. Its a forum that members can use to debate that validity of any claim made on the site.
For example, there are occasional items that make the news about Teachers that have a Myspace or Facebook profile that their students feel entitled to comment upon with malicious words. Unfortunately,the only way to absolutely prevent such an event would be for the Teacher to not have an account to begin with. But that hardly seems fair since the Teacher feels equally entitled to
Swaplogic is best described as a community that embraces accountability within professional and personal dealings. On Swaplogic you can promote yourself, express yourself, look for business opportunities and do research on products, people and services. Below, we have a quick tour that might help you start on your path to showing that you are accountable and that you only deal with other accountable people!
Step 1: Search
Search the site for anything and everything. This is where your journey through Swaplogic begins. There are many different types of searches available on Swaplogic:
Step 2: Register an Account
Your name, address, and profession/job are required for
registration. This assists in localizing the goods and services that you can offer or request. Your exact location will not be revealed
- You can also add a description of yourself and the products/services you might offer. These are searchable, so for example, if you are an the only person Portland, Oregon that is an expert in weed-whacker repair. Put it in your Profile!
- Account Privacy Settings - When you set your account to "Private", your full name is kept private, but it does not disappear from the Swaplogic Database. If you have completed any Contracts or have outstanding Bids/Asks, they remain searchable
- When members register an account, they are allocated some credits. Credits are required for many Swaplogic functions like creating most Contracts, Bids and Asks. Most average users will never run out of credits because they are reimbursed for behavior that demonstrates Accountability on the site. Higher volume users may need to purchase credits at for a very reasonable fee
Step 3: Upload multimedia for use with your Account (Optional)
Uploading multimedia is entirely optional, but it does make for a more exciting and colorful transaction. You can
upload images and video to your Swaplogic Gallery (there is a current bandwidth limit of 25Mb per month for standard users). Once media is uploaded, you can use it anywhere in account activities. Examples of where to use your multimedia are:
- Use it for your Contract Terms (For example, if you are writing a Contract for a counterparty to renovate your bathroom, you might show images or video of what it looked like before and images of what you would like it to look like when it is done. Another example, if you are selling digital cameras, you might include images or videos demonstrating the product and its features)
- Use it for your Contract Feedback. If your Contract Counterparty did great work on your bathroom renovation, show their results in a video or pictures.
- Avatars - use images for your profile avatar. It might be your own picture, or a logo, or something else altogether
- Biography - use media to enhance a Biography Event that was composed by you or for you by someone else
Step 4: Start Transacting
At this point, you must decide how you'd like to transact on Swaplogic. You essentially have three options:
- Option #1: Create a Classified Ad where you REQUEST goods or services (Ask)
- Option #2: Create a Classified Ad where you OFFER goods or services (Bid)
- Option #3: Draft and start negotiating a Contract with another Member. In this case, you already know another Member and have pre-arranged a transaction or agreement, and you are ready to make it formal by drafting a Contract on Swaplogic
OPTION #1: Request Products or Services (Create an Ask)
- Asks are just classified ads that request a product or service
- Select "I am an Asker"
- Pick the length of the posting (3, 7, 14 or 30 days) and make sure you have enough Credits to create the Ask
- Select "Product" or "Service" to identify the what type of thing you are looking for
- If you have picked "Product", you must select a Product Category that best describes the product. If you have selected "Service", you must select a Profession/Job that best describes the service
- Input a Title and the Terms of Ask that you are requesting (10,000 character limit)
- Input the Currency, Price and Unit descriptions (optional)
- Pick the location of the Ask (at your own registered address, or one of the many international pre-selected metropolitan city locations)
- Tag it (optional)
- Associate some multimedia with it to show the potential bidder what you need (optional)
- Click "Create Bid/Ask" and that will make it part of the Swaplogic Public Domain
OPTION #2 - Sell Products Products or Services (Create a Bid)
- Bids are just classified ads that offer a product or service
- Select "I am a Bidder"
- Pick the length of the posting (3, 7, 14 or 30 days) and make sure you have enough Credits to create the Bid
- Select "Product" or "Service" to identify the what type of thing you are looking for
- If you have picked "Product", you must select a Product Category that best describes the product. If you have selected "Service", you must select a Profession/Job that best describes the service
- Input the Currency, Price and Unit descriptions (optional)
- Input a Title and the Terms of Bid that you are offering (10,000 character limit)
- Pick the location of the Bid (at your own registered address, or one of the many international pre-selected metropolitan city locations)
- Tag it (optional)
- Associate some multimedia with it to show the potential customer what they will get
- Click "Create Bid/Ask" and that will make it part of the Swaplogic Public Domain
Respond to a Posted Bid or Ask
If you find a Bid that interests you, you may want to inquire about it. A bid is essentially just an quote for goods or services, so you can Invite the Bidder to create a contract that is specific to your requirements. The process is exactly the same as the instructions for creating a contract, which is detailed below in Option #3.
If you find an Ask that appeals to you, you may want to respond to it by drafting a Contract to the Asker that tries to fill that the need requested. The process is exactly the same as the the instructions for creating a Contract, which is detailed below in Option #3.
OPTION #3: Got an Idea for an Agreement? Found a Member to Transact with? Don't wait... Create a Contract!
- Contracts can be documented as either formal or informal agreements on Swaplogic. "Contracts" are formal, and "Promises" are informal. Both carry similar consequences, but we choose to reserve a category for all of the informal agreements that you choose to draft on Swaplogic.
- Choose your Counterparty (they must have a valid and active Swaplogic Account). The member who has drafted the original contract is called the Originator
- Select "Promise" or "Contract" - Promises rank lower than Contracts in Swaplogic. Promises are often used in informal contracts between friends. Contracts are considered to have more severe implications and are often used between business counterparties or where something of value is at stake
- Input a title
- Select a Contract Category (this will describe the nature of the contract - examples are Performance contracts, Employment Contracts, Licenses, Loans or Rentals, among others)
- Draft the Contract Terms - These can change during the negotiation process up until the Contract is Accepted by the Counterparty. Be as detailed as possible within the 10,000 character limit. Make sure you give very careful though to the implications of the terms and the possible loopholes of the Contract. WARNING: INCLUDE PRIVATE OR PERSONAL INFORMATION HERE AT YOUR OWN RISK.
- Private Contract Terms - You may want to include terms like the price of the goods/services to be exchanged, or any other terms that you would like to be kept private from the Swaplogic Community. These can change during the negotiation process up until the Contract is Accepted by the Counterparty. Be as detailed as possible within the 10,000 character limit. Make sure you give very careful though to the implications of the terms and the possible loopholes of the Contract. WARNING: INCLUDE PRIVATE OR PERSONAL INFORMATION HERE AT YOUR OWN RISK.
- Maturity Date and Time - this is the time that the contract Matures
- Select any Media that you would like to attach to the Contract.
- Click "Create Contract" and the contract will be set to Draft Status where negotiations can being with the Counterparty!
Step 5: Maintaining your Contracts
There are various contract Status levels. Each one requires different attention by you.
- Invite - this means you have been invited to compose a contract to another Swaplogic Member. Invites can only come as a result of a response to a Bid that you created. If you are not interested in entering into a contract with the Invitee, you can simply decline the Invite.
- Drafted - this is the status of the contract immediately after it was composed by the Contract Originator. It has not been reviewed by the Counterparty at this point.
- Pending - contracts are considered Pending when the Counterparty and the Originator are negotiating the finalized terms of the contract.
- Retracted - the contract status is set to Retracted when the negotiation of contract terms has failed or reached an impasse and the Originator has taken the offer off the table.
- Declined - the contract status is set to Declined when the negotiation of contract terms has failed or reached an impasse and the Counterparty has taken the offer off the table.
- Active - this is the period that the Originator should be working to fulfill the terms of the Contract. The Contract remains Active until the Maturity has passed
- Matured - the Maturity date has passed, but neither the Originator or the Counterparty has provided Feedback
- Requires My/Cpty/Orig Feedback - the specified participant needs to file feedback on the performance of the other participant. If you do not file feedback within 90 days after the Contract Maturity to file feedback, Swaplogic automatically files negative feedback against you.
- Completed - Once all of the feedback is filed, the Contract becomes part of the Swaplogic Public Domain. All of the terms (except for private terms) are made public for everyone to view in your profile and track record.
Step 6: Filing Feedback
Feedback is crucial to building track records on Swaplogic. It is important that every person that provides feedback acts in a judicious manner and avoids any undue malicious action. Feedback is best delivered in a timely manner (if not done in 90 days, you will receive negative feedback as a result automatically, even if your counterparty has provided positive feedback on your performance). Feedback is also most effective when relevant details are included like Pros and Cons, as well as Multimedia to add descriptive detail to the feedback.
Step 7: Finished? Keep building your Track Record!
Finished your contract and completed all of the terms just as you said you would? Great! That's what you're here to prove! Keep building your track record by adding more and more content to Swaplogic. Be creative. A contract can come out of any idea, no matter how small or large!
Search
The search functionality of Swaplogic allows users and members to search for content that is available on
Swaplogic.com. Swaplogic content includes:
- Member Profiles – containing
the members vitals, including a members contract history and Swaplogic
Accountability Score
- Completed Contracts –
including member feedback on each contract participant’s performance
- Postings by Members seeking
or offering products/services – called Bids and Asks
- Multimedia that members
post and use in their dealings on Swaplogic
Registration
Swaplogic requires that users that are interested in creating Bids/Asks (Classified Ads), Contracts, or creating any other content associated with an individual profile (such as uploading pictures, creating biographies, adding discussion comments) be registered. Swaplogic requires some information about your geographic location (address), your demographics (age and gender) as well as your profession. You can update most of this information at any time after you are registered.
Swaplogic requires your address because it helps facilitate finding you with our search tools. For
example, if someone wanted to find a plumber in Columbus, Ohio, they would be able to search on those criteria. Specific address information is never revealed except in the form of proximity (in miles) to another searcher and the city that you live in. This is also the same reason that Swaplogic requests
your profession during registration.
Swaplogic requires your age because we believe that it is fair your potential counterparties have an indication that you are old enough to enter into a legally binding agreement before they choose to enter into a contract with you.
The main point behind Swaplogic is that Members demonstrate accountability by creating track records. To demonstrate accountability, you must make some of your information public to the community. But Swaplogic allows you to keep your First and Last Name private from the community, by setting your account preference to "Private" during registration or at any time by editing your account preferences.
Some parts of your personal profile information are always kept private from the other members. These parts include the following:
- Your Street Address (but your city, state/province and country are public)
- Your Zip/Postal Code
- Your Email
You can also limit communication between yourself and other members by setting your communication preferences to disallow other members from contacting you through the Swaplogic servers. This can be done at the time
of registration or any time after that by editing your account preferences.
Contracts
Contracts are agreements between two consenting participants. The details are stored on Swaplogic and email
notifications are sent showing Contract details, negotiation communiqué, maturity and feedback notifications. Contracts, when complete, become part of the Swaplogic Public Domain and form the basis of each Members track record.
Only two people can be directly involved in a Contract. One is called the Originator, and the other is called the Counterparty. The Originator is simply the Member that first Drafts the Contract, while the Counterparty is the member that first receives the Draft Contract. There is one slight variation on the Originator/Counterparty relationship. When a Bid is created, the Originator will be the Member who drafted the Bid since they can receive an Invite to draft a Contract from a Member who is interested in the products/services offered by the Bidder. In the case of an Ask, the Originator is the Member who responds to the Ask, by creating a Contract which attempts to fulfill the request of the Asker.
Track Record and Feedback
The Swaplogic Feedback functionality allows users to review the performance of Members based on the parameters of a specific contract – this forms the member’s track record. Originator Feedback is the feedback left for the Originator has three components: General Comments, Pros and Cons. Counterparty Feedback is the feedback left for the Counterparty. Counterparty Feedback has only one component: General Comments (does not include Pros and Cons).
Biography
Members can build their own Biography or let other build it for them! Reproduce your life story by documenting events. They are sorted in chronological order by the Swaplogic database, all you have to do is tell us about them, and add multimedia as you see fit!
Multimedia
Each Member has the ability to upload Images and Video to their own personal Swaplogic Multimedia Gallery. This uploaded content can be used by the Member for many purposes. Multimedia can be used in any of the following ways:
- To enhance the terms of a
Contract
- To enhance and show visual
evidence of contract outcomes and feedback
- To enhance Biography Events
by providing imagery related to a specific Biography Event
- Images can be used as your
Profile Avatar.
Credits
Credits are used as currency within Swaplogic. Each Member that signs up gets allocated 1000 free credits to start, and Swaplogic is designed to replenish credits for those members that demonstrate accountability in the community as you use the system so you probably won’t have to worry about getting more if you are just a typical user. If you are a high volume user of the system, you might have to consider purchasing more credits to support the volume of activity you are involved in.
Credits are charged when certain actions are performed (like creating Contracts, Bids or Asks). Credits are replenished when members file timely feedback and fulfill the terms of the Contracts they agree to, as well as on various milestones that Members encounter while building their track record (we’ll keep these as a surprise!). Credits may not be fully replenished when a member receives negative feedback, or if contract negotiations fail.
SwapScore
The SwapScore is a number derived from a proprietary algorithm that Swaplogic has created to estimate the accountability of a Swaplogic Member. The algorithm is based on variables associated with the Contract parameters as well as the Feedback provided by the Contract Participants after maturity of the agreement. The SwapScore is a number between 0 and 100. Every Member starts with a SwapScore of 50, which is considered an “average” SwapScore. The 50 SwapScore indicates that there is no reason to believe that the user is more or less credible/accountable than the average person. SwapScores of greater than 50 indicate that there is reason to believe that the Member is more credible/accountable than the average person. The closer the score is to 100, the more reason to believe that the Member is more credible/accountable than the average person. On the other hand, Swapscores below 50 indicate that there is reason to believe that the Member is less credible/accountable than the average person. The closer the score is to 0, the more reason to believe that the Member is less credible/accountable than the average person.
To be clear, the Swapscore is just one criteria that you might consider using when you are consider entering into a contract with a counterparty. The SwapScore is not a replacement for other due diligence, a qualified legal opinion or a guarantee of performance. A high SwapScore is not a guarantee that a counterparty will live up to the terms of a contract.
The score itself is calculated on a number of variables. Swaplogic protects the algorithm to prevent potential manipulation of track records and scores, but suffice it to say that all the variables of the scoring algorithm are all taken from either the contract parameters or the historical performance of the Member. The SwapScore is based on a forgiving algorithm, it accounts for the fact that people make honest mistakes and considers a number of factors in its calculations. So you need not worry that your public track record will be marred forever because of one or two slip ups in your track record.
Also related to the SwapScore are the Member’s SwapScore Trend and the Synopsis. The SwapScore Trend is a
graphical representation of the trend that the Member’s SwapScore has taken over the past year. The Synopsis is a verbal summary of the member’s track record. It will give some additional guidance about how to interpret the Member’s Track Record.
Bids
Bids are essentially advertisements posted by Members to tell Swaplogic users and Members that they
have a service or product to offer to the community. Bids are searchable by keyword, profession and proximity. There are no limits to what you can advertise as a Bidder, so be creative!
Asks
Asks, like Bids, are advertisements posted by Members. The difference is that Asks are requests for
products/services from the Swaplogic Community instead of offers of products/services. By posting ask Ask, a Member is inviting other Members to provide them with a quote for a product/service. Asks are searchable by keyword, profession and proximity. There are no limits to what you can advertise as an Asker, so be creative!
Profile
The Swaplogic Member profile contains a number of important metrics, variables, and details about a Member’s track record. Some of the important features of the Swaplogic profile are the following:
- The Member’s SwapScore, Synopsis and SwapScore Trend
- The Member’s approximate location
- Lists of the most recent contracts completed
- Lists of the Members outstanding Bids and Asks
- The Member’s Watchlist of Bids, Asks and Contracts
- Widget Link
Swaplogic Widget
The Swaplogic Widget is a piece of code that you can embed in your own website to share your up-to-the-minute SwapScore. Just copy and paste into your websites source code and share your track record with everyone! It is coming soon!
Swaplogic LIVE
Swaplogic LIVE is an instant messaging tool that is embedded within Swaplogic. With LIVE, you can talk to other Members in real time. Just log in using your regular Swaplogic username and password, and start chatting! You can search the online community of Swaplogic LIVE to talk to people in professions of all sorts. Ask them about what they do, or maybe some advice on a project where they might be experts. It doesn’t matter what you talk about, as long as you share and contribute to the Swaplogic community!
1. Public Profile
Each member has a Public Profile. This is a summary of the Member’s activity including the following: an avatar, the Member’s Vitals, contact information, Swaplogic Statistics, Swapscore, Swapscore Trend, Swapscore Synopsis, a freeform description of the Member and the services they can offer, the Member’s tags, and recent Contract/Bid/Ask activity. Members can change the privacy settings of their account at any time. Setting a profile to Private has limitations.
Things that are not kept private with the privacy settings
- Private profiles are not hidden from the community. If you have a profile, it is always accessible by people, Privacy only limits some of the information from showing up on the screen
- If you complete a contract with a counterparty, your profile will always be associated with that contract. The same goes with Bids, Asks, Comments, and any other content you have added to Swaplogic (remember, this site is about Accountability!)
2. Track Record
The Member’s Track Record is a chronological summary of the Contracts that they have participated in, whether the Member was acting as the Originator or the Counterparty. This includes all of the Contracts that have reached the Complete. Contracts that are in any intermediate stage are not shown in the Track Record. Each Contract listed in the Track Record is a link to the details of the Contract including all of Terms and the Feedback.
3. Biography
The Member’s Biography is a section that allows Members to tell their own story through words, images and video! Members can also share their experiences with other Members by composing Biography events for them! If a Biography event is contributed by another Member, the recipient of the contribution has the opportunity to review, comment on and categorize the contribution to let the Swaplogic community know what they think about the contribution (be it good, bad or ugly!).
4. Marketplace
The member’s Marketplace is a summary of all of the Member’s active Bids and Asks that they have created in Swaplogic. Each Bid and Ask is shown in a classified-ad format.
5. Multimedia Gallery
The Member’s Multimedia Gallery is a collection of all of the multimedia uploaded by each member. Members can also regulate the privacy of each multimedia item by setting the status of the image or video to Public or Private. Making a multimedia item private does not restrict the Member from using it within their Bids/Asks/Contracts/Feedback, it only restricts the media from viewing by others within the Gallery. For help on uploading multimedia, go to the Uploading section.
DISCLAIMER: The Risk of Creating Contracts with a Counterparty
By submitting a draft contract to a Counterparty, you are making an offer to enter into a binding contractual agreement. If the terms of the agreement are accepted by the counterparty, both the Contract Originator and the Contract Counterparty are expected to fulfill the terms of the agreement, as well as agreeing to make the terms of the Swaplogic Contract and the performance outcome of the Originator and
Counterparty part of the Swaplogic Public Domain. In other words, all contract terms (except the ‘Private Terms’ of a Swaplogic Contract, which are only visible to the Originator and the Counterparty) will be made public in the form of a performance track record for all Swaplogic visitors to view and analyze.
By failing to fulfill the contractual terms of a Contract that has been accepted by the Contract Counterparty, the Originator and Counterparty agree to accept Feedback, which may be positive or negative, and subsequently make it part of the Swaplogic Public Domain.
All liabilities and consequences of the contracts documented on Swaplogic, remain the liabilities and consequences of the registered members (that is, the contract originator and the contract counterparty). Swaplogic does not take any responsibility for any outcomes relating to contracts documented on Swaplogic.com. Swaplogic will not take any responsibility for the contract originator’s or the contract
counterparty’s failure to comply with contract terms.
In summary, the functionality available on Swaplogic can be a very powerful tool for establishing an online
presence and public track record, but please use common sense and prudence when documenting contracts on Swaplogic.com. Protect your private information at all costs - even in agreements with a counterparty that appears to be credible in your dealings with them. Swaplogic does not encourage or take responsibility
for inappropriate, reckless, malicious or ill-conceived contractual agreements. Swaplogic is a community that thrives on the accountability of its members, and it is our goal to provide an environment to facilitate the growth of this community.
Originator
The Originator Username is the alias that is chosen by a member upon registration with Swaplogic.com. On the Contract Draft page, this field will be pre-populated with your personal alias once you log in.
Counterparty Username
The Counterparty Username is the alias that is chosen by a member upon registration with Swaplogic.com. You may need to verbally confirm with your counterparty before beginning drafting a contract with them just to ensure that you are negotiating with the correct Counterparty.
Credits Available
Upon registration with Swaplogic, each member is allocated a certain number of credits. Swaplogic
employs a credit based system for two main reasons.
- Reason #1: Credits reduce abuse - The first reason that credits are used is to prevent abuse of the system and the database. Swaplogic depends on mailing contract details between registered Swaplogic Members. In an attempt to protect the Members from receiving unsolicited emails, Swaplogic has limited the number Contracts that may be drafted by putting a ‘cost’ on the action of sending a contract draft.
- Reason #2: Credits act as currency - The second reason that credits are used is that it manages the value of a contract. By requiring that certain actions ‘cost’ more credits than others, it encourages members to choose their contract actions more carefully.
The good news is the Swaplogic system is designed to replenish your credits as long as you maintain a Swaplogic track record that exemplifies accountability and you file feedback on your contract counterparties in a timely manner.
Contract Type
The Contract Type is a parameter that describes the degree that the Originator is invested in the Swaplogic Contract. Currently, there are two options: a Promise and a Contract. In other words, by drafting the ‘Contracts’ instead of ‘Promises’, the Originator is conveying that they have more at stake in the transaction than if it were denoted as a ‘Promise’.
Swaplogic interprets the concept of a ‘Promise’ as the basic unit of accountability. Swaplogic (and hopefully its registered members) believes that we are all expected to act on and keep the promises that we make. In essence, a promise is the strength of our word. If a person is unable to keep promises, they cannot be trusted to honor a contract. Therefore, although Swaplogic ranks ‘Promises’ as having less stake with respect to a transaction, they do form the basics principles of accountability.
Swaplogic interprets the concept of a ‘Contract’ as a more critical unit of accountability. In the
Swaplogic Public Domain, ‘Contracts’ are viewed as examples of strong work ethic, honor in a profession and a desire to exceed the expectations of friends, colleagues and customers. In the Swaplogic context, ‘contracts’ are the vehicle that can be to promote your excellence within your personal and professional life.
Title
The Title field is a descriptor that is used to describe the nature of the drafted Contract. The
Originator should be as specific and detailed as possible when assigning a Title to the Contract. Accurate and descriptive Titles also aid search functions within Swaplogic.
Contract Category
The Contract Category is a classification used to sort, organize and group contracts for the benefit of
Originators, Counterparties, and visitors of Swaplogic. The Contract Category is a broad classification for the type of contract being drafted by the Originator and must be selected for a contract to be added to the Swaplogic domain. The Contract Category does not have any intended influence or implications on the
contract terms.
Contract Terms
The Contract Terms are the essence of the Swaplogic Contract. The Contract Terms are the rules that are
agreed upon between the Originator and the Counterparty, and they are the benchmark that each Swaplogic Member can use to evaluate the performance of the Member on each side of the transaction. Swaplogic Members can feel free to exercise as much creativity as they like in drafting contract terms – there are no limits.
The Contract Terms are the parameters of the transaction. It is the section of the contract where the
Contract Originator sets the requirements, limitations and details of a proposed contract. These can be negotiated by communication with the Counterparty. Here are a couple of examples:
Example 1: A loan from ABC (lender) to XYZ (the borrower)
Note that in the specific case of a Loan, the contract Originator should be the Borrower of the loan. This would be the appropriate party to originate the contract since they are staking their accountability on the line, and not necessarily the lender. Therefore, XYZ would draft a contract with Terms that might include the loan principal ($100), the interest rate charged (5% per annum), the frequency of payments (every month on the 1st of the month for 12 months), the interest calculation method (simple, not compounded), the amount of payments ($25, $25, $25, $30 – this is a payment of $100 in principal, and $5 in interest),
and any other terms that the Originator feels are appropriate. This might include the consequences of failing to comply with the contract, rewards for early payment.
Example 2: ABC promises to take XYZ out to dinner
ABC would draft a contract with Terms that might include the restaurant name, the maximum value that ABC will be willing to pay including food, drinks and tips.
Example 3: ABC agrees to fix XYZ’s broken plumbing
ABC would draft a contract with Terms that might include the details of the repair (like replacing an old sink with a new sink and taps), an estimate of the amount of labour required in hours and the estimated completion date. In this case, there may be some sensitive information required for the Contract such as the cost of labor and the agreed upon price for the contracted work. Swaplogic suggests that Swaplogic Members apply common sense to protect this information by inputting some potentially sensitive Contract Terms into the ‘Private Contract Terms’ section of the Swaplogic Contract – the Private Contract Terms section of the
Contract is only visible by the Originator and the Counterparty of the Contract regardless of the Contract Status).
Private Contract Terms
The Private Contract Terms section of the contract draft is the field where the Originator may enter terms that they would like to keep hidden from other members, even in the Swaplogic Public Domain. This is used to input Contract Terms that the Originator would like to include in the Contract, but would prefer not be visible to members or viewers that are not involved in the contract.
When Private Terms are recorded in a contract, members or viewers who are not either the Originator or
the Counterparty in the Contract will not be able to see the terms and they will receive a message that says that the terms are Private. There are no limitations to the contents of the Private Terms field, but it is encouraged to make as many terms as possible part of the Swaplogic Public Domain as it increases transparency and contributes value to the community.
Examples of terms that might be suitable for the Private Contract Terms field include: labor rates,
competitive prices, discounts, promotions that are being provided to a specific Counterparty, mailing addresses, and so on.
Swaplogic discourages including any personal information in this section of the Contract. Please use common sense and protect your personal information. Examples of personal information that should not be included in the Private Contract Terms include a Swaplogic Member’s full name, address, phone number, email, credit card numbers, banking information, or any other information that you would not give out freely and would like to protect.
DISCLAIMERS: Contract Terms
Swaplogic discourages including any personal information in this section of the Contract. Please use common sense and protect your personal information, since upon completion of the Swaplogic Contract, the information will be made part of the Swaplogic Public Domain. Examples of personal information that should not be included in the Contract Terms include a Swaplogic Member’s full name, address, phone number, email, credit card numbers, banking information, or any other information that you would not give out freely and would like to protect.
Maturity Date and Time
The Maturity Date is the date and time that the contract will mature on. At maturity, you will receive an email prompting you that your contract has matured and you will be prompted to provide Feedback on the performance of your counterparty.
This timestamp, as are all timestamps on Swaplogic, is recorded in relation to Greenwich Mean Time (GMT). This is to simplify and standardize the marking of Contract Maturities. If you do not live in GMT time zone, please be aware that all timestamps recorded in the Swaplogic domain are in relation to this time zone and that you should be prepared to adjust to this eccentricity. Guidance is provided for members for the time zone adjustment via the maturity (Local time) feature. This converts the GMT Maturity, to the Local Computer time.
Maturity (Local time)
Currently, all contract maturities used on Swaplogic are set in relation to Greenwich Mean Time (GMT). When selecting a Contract maturity, Swaplogic has provided some guidance by converting the selected maturity to the Member’s Local Machine Time (that is, the time and time zone that your computer is set to). For example, if you are viewing any give Contract Details on a computer in New York City, your locally adjusted Maturity will be GMT-05:00 during Standard Time (as opposed to Daylight Savings Time). This guidance is provided so that you can make the appropriate decisions when selecting Contract Maturity.
Images and Videos
Whenever you draft a Contract, you are able to associate images and videos with that contract. It can be anything that is in your multimedia gallery. Multimedia can be used as a replacement for text to show what the contract terms are. There are no limits to using multimedia to enhance your contracts, so be creative!
Validation Code
Swaplogic employs a common system that discourages abuse within the community by way of visual confirmation software. The Validation Code is a tool used to separate automated access of the system from human access, and encourage legitimate use of this website. If you are having difficulty reading the letters or numbers in the image, simply click on the image and a new one will be generated.
The validation code may contain any of the letter of the English (US) Alphabet in Capital Letter form
or the numbers 1 through 9 (the number zero is excluded to limit confusion from the capital letter “o”).
What to do when you get a Contract Draft
Since you will not always be the Orginator of the Contract, you may receive Contract Drafts from other Members. When you are reviewing the Drafted Contract, you will see additional information that is not available at the time of Drafting. It is up to you to review these details and decide if you want to accept the Contract Offer.
Contract Source
The Source of a Contract is an indicator as to where the Contract originated from. In other words, if the Contract was drafted in response to a Bid or an Ask, the Source identifier will show the associated Bid or Ask number that contributed to the creation of the Contract.
Date Drafted
The Date Drafted is a timestamp taken at the moment that the contract draft is created by the Originator in the local time zone of the Originator.
Date Finalized
The Date Finalized is a timestamp taken at the moment that the contract draft is accepted by the Counterparty in the local time zone of the Counterparty.
Contract Factor
The Contract Factor, which is a Counterparty input that is submitted after receiving a Contract Draft, is an
important tool that the Counterparty uses to express the degree of importance that this contract holds with them. In other words, if the Counterparty feels that the performance of the Originator is absolutely critical, the Counterparty would select the ‘High’ Contract Factor. Alternatively, if the Counterparty had
less at stake in the performance of the Originator, the Counterparty might select the ‘Medium’ or ‘Low’ Contract Factors. This is the equivalent of setting the stakes of the Originator’s accountability in the Contract and Transaction. As a general rule, the higher the value of the stakes to the Counterparty, the greater the impact on the Originator’s accountability.
Contract Status
The Contract Status is a notification of the current status of the contract. The options are the
following:
- Invite – the contract is drafted in response to a Bid that a member created. Invites appear as a Contract that was drafted by the Member who created the Bid. The member who receives the Invite, may either pursue contract negotiations with the Counterparty that responded to the Bid, or they may decline the Invite.
- Drafted – the contract has been drafted by the Originator, and is received by the Counterparty for consideration. When the Contract status is ‘Drafted’ the Counterparty may Accept, Negotiate or Decline the contract. When the Contract Status is ‘Drafted’, the Originator can either Edit or Retract the Agreement.
- Pending – the contract has been received by the Counterparty, but the terms of the contract are not to their satisfaction, so the Counterparty has submitted ideas on Contract terms that are more acceptable to the Counterparty. When the Contract status is ‘Pending’ the Counterparty may Accept, Negotiate or Decline the contract. When the Contract Status is ‘Pending’, the Originator can either Edit or Retract the Agreement.
- Active – the contract has been accepted by the Counterparty based on the terms presented by the
Originator, or Negotiated/Edited with the suggestions of the Counterparty. At this point, the contact is considered a binding obligation, and it is up to the Originator to fulfill the terms of the contract to the counterparty’s satisfaction. At this point, no modifications can be made to the contract terms by either the Originator or the Counterparty.
- Declined – the contract has been refused outright by the Counterparty based on the terms presented by the Originator. The contact is now removed from consideration, and can no longer be modified by the Originator or the Counterparty. If the Originator or the Counterparty would like to re-open negotiations on a contract, a new contract may be drafted by either the Originator or the Counterparty.
- Retracted – the contract offer has been relinquished by the Originator. The contact is now removed from consideration, and can no longer be modified by the Originator or the Counterparty. If the Originator or the Counterparty would like to re-open negotiations on a contract, a new contract may be drafted by either the Originator or the Counterparty.
- Matured – the Active contract period (the time between the acceptance of the contract by the Counterparty, and the Maturity date specified in the Contract terms) has expired, and feedback may now be submitted by both the Originator and the Counterparty. Feedback must include a Feedback Rating (Positive or Negative) as well as some comments on the performance of the Swaplogic Member being rated.
- Requires Feedback – Swaplogic Members with contracts at the ‘Requires Feedback’ status, need to leave feedback on the performance of the opposite side of the contract. In the case where the Swaplogic Member is the Originator of the contract, they should leave feedback on the performance of the Counterparty when the Contract Status is set to ‘Requires Feedback’. The Counterparty has already contributed feedback in this case, so no action is required on their part. In the case where the Swaplogic Member is the Counterparty of the contract, they should leave feedback on the performance of the Originator when the Contract Status is set to ‘Requires Feedback’. The Originator has already contributed feedback in this case, so no action is required on their part.
- Awaiting Feedback – Swaplogic Members with contracts at the ‘Awaiting Feedback’ status, has already left feedback on the performance of the opposite side of the contract. In the case where the Swaplogic Member is the Originator of the contract, they have already left feedback on the performance of the Counterparty and are awaiting the Counterparty to leave feedback as well. In the case where the Swaplogic Member is the Counterparty of the contract, they have already left feedback on the performance of the Originator and are awaiting the Originator to leave feedback as well.
- Complete – when the Contract Status is set at ‘Complete’, both parties involved in the contract, the Originator and the Counterparty, have completed the Feedback process, consequently the contract terms and performance, become part of the Swaplogic Public Domain. No modifications can be made to the Contract when the contract has reached this status.
Status of Feedback Comments Left by the Counterparty
The Feedback Status is a flag that indicates that the Counterparty has provided Feedback on the performance of the Originator. The feedback status has only two possible options: ‘Pending’ and ‘Complete’. If the Feedback is ‘Pending’, the Counterparty has not yet provided Feedback on the performance of the Originator.
Status of Feedback Left by Originator
The Feedback Status is a flag that indicates that the Originator has provided Feedback on the performance of the Counterparty. The feedback status has only two possible options: ‘Pending’
and ‘Complete’. If the Feedback is ‘Pending’, the Originator has not yet provided Feedback on the performance of the Counterparty.
General
Once a contract has matured, members are required to provide feedback on each participant’s performance. The Counterparty has the opportunity to leave general comments as well as Pros and Cons about the Contract Originator. In turn, the Contract Originator may leave general comments for the Contract Counterparty.
Feedback Comments Left for the Originator
The Feedback Comments are the text based commentary left by the Counterparty on the Originator’s performance. The comments should provide helpful feedback on the accountability of the Originator by evaluating their performance. The intent of the Feedback should not be spiteful, only statement of fact as perceived by the Counterparty. Currently the limit imposed on Feedback Comments is 250 characters (including spaces).
Feedback Comments Left for the Counterparty
The Feedback Comments are the text based commentary left by the Originator on the Counterparty’s performance. The comments should provide helpful feedback on the accountability of the
Counterparty by evaluating their performance. The intent of the Feedback should not be spiteful, only statement of fact as perceived by the Counterparty. Providing “pros and cons” can be helpful for other Members using the site. Currently the limit imposed on Feedback Comments is 250 characters (including
spaces).
Feedback Rating Left for the Originator
The Feedback Rating is the tool used to convey whether or not the Originator is credible or not. That is, the feedback rating should be used to communicate the performance of the Originator. There are only two options for the Feedback Rating: Positive and Negative. Be mindful of the feedback ratings that you leave in the Swaplogic system as a Member’s accountability depends greatly on your selection!
Feedback Rating Left for the Counterparty
The Feedback Rating is the tool used to convey whether or not the Counterparty is credible or not. That is, the feedback rating should be used to communicate the performance of the Counterparty. There are only two options for the Feedback Rating: Positive and Negative. Be mindful of the feedback ratings that you leave in the Swaplogic system as a Member’s accountability depends greatly on your selection!
Pros’ Comments left for the Originator
The ‘Pros’ Feedback Comments are the text based commentary left by the Counterparty on the Originator’s performance and are a summary of the “good things” about the Originator. The comments should provide helpful feedback on the accountability of the Counterparty by evaluating the benefits of transacting with this Originator. The intent of the Feedback should not be spiteful, only statement of fact as
perceived by the Counterparty. Currently the limit imposed on ‘Pro’ Feedback Comments is 250 characters (including spaces).
‘Cons’ Comments left for the Originator
The ‘Cons’ Feedback Comments are the text based commentary left by the Counterparty on the Originator’s performance and are a summary of the “things that need improvement” about the Originator. The comments should provide helpful feedback on the accountability of the Counterparty by evaluating the benefits of transacting with this Originator. The intent of the Feedback should not be spiteful, only statement of fact as perceived by the Counterparty. Currently the limit imposed on ‘Con’ Feedback Comments is 250 characters (including spaces).
Feedback in the Form of Multimedia
Both the Originator and the Counterparty can leave feedback in the form of Images ad Video that they have uploaded to their Swaplogic Multimedia Gallery. For help on uploading multimedia content, visit the Help section dedicated to Uploading. Once content is uploaded, it can be selected and associated with a contract as feedback. Images and video can be used in a number of ways; multimedia can show both positive and negative feedback. It can also be used to show “before” and “after” results of a service. Or, you can just use it to express your feedback without having to type a single word! Be creative!
General
Bids are offers of products or services. By creating a Bid, a Member (also known as the Bid Owner) is
telling the users of Swaplogic that they have a product or service to offer. The Bid is akin to an advertisement.
Posting Duration
Bids can be posted for durations of 3, 7, 14 and 30 days. Each requires a different number of Credits.
If you do not receive any responses to your Bid, your credits will be reimbursed.
Product/Service Selector
Bids can be for either a Product or a Service. Choose the category that best represents the subject of your Bid.
Profession/Job
The Profession/Job field identifies the profession of the Bidder, or alternatively the capacity in which the bidder will be acting. For example, if a lawyer was offering legal services, he would select “Lawyer”. If a Mechanic would like to do some moonlighting as an Artist, the Member would select “Artist” and post a Bid offering and Artist’s products or services.
Product Category
The Product Category can be used to describe the Product that an individual is trying to Bid or Ask.
Title
The Title field is a descriptor that is used to describe the nature of the Bid. The Bid Owner should
be as specific and detailed as possible when assigning a Title to the Bid as it will facilitate effective communication and to help potential counterparties in searching for their Bid. Accurate and descriptive Titles also aid search functions within Swaplogic.
Bid Terms
The Bid Terms are the details of the offer of products or services. Feel free to include any details of the product/services you are prepared to offer. Note that Bid details can allow for most HTML! So be creative!
Bid Price, Currency, Units
The Bid price is the monetary amount requested for the transaction. It can be an approximate number, and may be finalized in the contract. The currency can be one of many different types (USD, CAD, EUR, GBP, etc). The Unit indicates the price variability due to volume.
Location
Bids can be created with a specific location in mind. For example, if a Bidder is willing to offer a
particular service in their local town, the Bidder would select “At the address that I have registered with Swaplogic”. Alternatively, if a Bidder is interested in offering a service in a metropolitan area outside of the region that they live in, they can select “At another address…” and then pick a
metropolitan area that they are willing to provide the service in. This allows Swaplogic Members to act globally!
Multimedia
Bidders can use multimedia to show exactly what they are offering. For example, if a Bidder is selling a 1967 Corvette, they might assign some pictures and video that show the condition of the vehicle.
Tags
Bidders can assign tags to help other Members find their Bid in a search.
Validation Code
Swaplogic employs a common system that discourages abuse within the community by way of visual confirmation software. The Validation Code is a tool used to separate automated access of the system from human access, and encourage legitimate use of this website. If you are having difficulty reading the letters or numbers in the image, simply click on the image and a new one will be generated.
The validation code may contain any of the letter of the English (US) Alphabet in Capital Letter form or the numbers 1 through 9 (the number zero is excluded to limit confusion from the capital letter “o”).
General
Once a Bid is posted, its status is set to Open and it is publicly searchable. Bids are public
announcement that a member is willing to provide a product or service, much like an advertisement. Bids are valid as long as the Status of the Bid remains open. Members that are interested in the products/services offered in the Bid are able to Invite the Bid Owner to begin a contract negotiation. From there, the regular contract negotiation process begins. Members that are interested in
creating an Invite Contract for the Bidder must exercise caution since each individual member can only respond to an Bid one time only!
Bid Number
This is the unique identifier for each Bid.
Bid Status
Bid status can be either “Open” or “Closed”. When the Bid Status is Open, the members can inquire about the Bid and submit an Invite for the Bidder to send the interested member a Contract. The Bid Owner can receive an unlimited number of responses to the posted bid while the Status is set to Open. When the Bid Status changes to Closed, the Bid is no longer searchable, and the Bid Owner cannot receive any new responses to the Bid (outstanding Bid Responses received before the bid expires are still valid).
Date Drafted
Date drafted is the date that the Bid Owner posted the Bid.
Time to Expiry
Time to expiry is the remaining time until the Bid Status is turned from “Open” to “Closed”. Once the
time has expired, the Bid Owner can no longer receive any responses to the Bid.
Bid Owner
The Bid Owner is the Member that posted the Bid on Swaplogic.
General
By responding to a Bid, a Member is inviting the Bid Owner to compose a Contract with the Member as the Counterparty and the Bid Owner as the Contract Originator. A response to a Bid is stored in the Swaplogic database as an Invite. The invite is reviewed by the Bid owner and if they are interested in offering the Counterparty a Contract, they will accept the Invite and create a Contract Draft. From this point, the process is the same as the Standard Contract process.
Limits on Bid Responses
Swaplogic limits the number of times a Member can respond to a Bid to one. This is designed to encourage a serious negotiating demeanor between the Originator and Counterparty. If an Invite is created by responding to a Bid and the contract negotiation fails, the member cannot initiate another Invite on the same Bid.
General
Asks are requests for products or services. By posting an Ask, a Member is telling the users of
Swaplogic that they need a product or a service. An Ask is akin to getting a price quote or asking a qualified person for help.
Posting Duration
Asks can be posted for durations of 3, 7, 14 and 30 days. Each requires a different number of Credits.
If you do not receive any responses to your Ask, your credits will be reimbursed.
Product/Service Selector
Asks can be for either a Product or a Service. Choose the category that best represents the subject of your Ask.
Profession/Job
The Profession/Job field identifies the profession of the Bidder, or alternatively the capacity in which the bidder will be acting. For example, if an Asker is looking for a lawyer was offering legal services, he would select “Lawyer”. This would attract a Lawyer to respond to the Ask.
Product Category
The Product Category can be used to describe the Product that an individual is trying to Bid or Ask.
Title
The Title field is a descriptor that is used to describe the nature of the Ask. The Ask Owner should
be as specific and detailed as possible when assigning a Title to the Bid as it will facilitate effective communication and to help potential counterparties in searching for their Ask. Accurate and descriptive Titles also aid search functions within Swaplogic.
Ask Terms
The Ask Terms are the details of the offer of products or services that you require. Feel free to include any details of the product/services you are prepared to offer. Note that Bid details can allow for most HTML! So be creative!
Bid Price, Currency, Units
The Ask price is the monetary amount requested for the transaction. It can be an approximate number, and may be finalized in the contract. The currency can be one of many different types (USD, CAD, EUR, GBP, etc). The Unit indicates the price variability due to volume.
Location
Asks can be created with a specific location in mind. For example, if an Asker is requesting a particular service in their local town, the Asker would select “At the address that I have registered with Swaplogic”. Alternatively, if an Asker is interested in requesting a service in a metropolitan area outside of the region that they live in, they can select “At another address…” and then pick a metropolitan area that they are willing to provide the service in. This allows Swaplogic Members to act globally!
Multimedia
Askers can use multimedia to show exactly what they are requesting. For example, if an Asker was looking to replace a broken piece of china, they might take a picture of the remaining set and post it with their Ask.
Tags
Askers can assign tags to help other Members find their Ask in a search.
Validation Code
Swaplogic employs a common system that discourages abuse within the community by way of visual
confirmation software. The Validation Code is a tool used to separate automated access of the system from human access, and encourage legitimate use of this website. If you are having difficulty reading the letters or numbers in the image, simply click on the image and a new one will be generated.
The validation code may contain any of the letter of the English (US) Alphabet in Capital Letter form or the numbers 1 through 9 (the number zero is excluded to limit confusion from the capital letter “o”).
General
Once an Ask is posted, its status is set to “Open” and it is publicly searchable. Asks are public
announcement that a member is looking for a product or service, much like an advertisement. Asks are valid as long as the Status of the Ask remains Open. Members that are interested in offering the products/services requested in the Ask are able to create a Draft Contract that is addressed to the Asker. This is essentially like a typical quote that one might receive on any goods or services. From there, the regular contract negotiation process begins. Members that are interested in creating a Draft Contract for the Asker must exercise caution since each individual member can only respond to an Ask one time only!
Ask Number
This is the unique identifier for each Ask.
Ask Status
Ask status can be either “Open” or “Closed”. When the Ask Status is Open, the members can inquire about the Ask and submit a Draft Contract for the Asker. The Ask Owner can receive an unlimited number of responses to the posted bid while the Status is set to “Open”, but each individual Member can only respond to an Ask one time only! When the Ask Status changes to “Closed”, the Ask is no longer searchable, and the Ask Owner cannot receive any new responses to the Ask (outstanding Ask Responses received before the bid expires are still valid).
Date Drafted
Date drafted is the date that the Ask Owner posted the Ask.
Time to Expiry
Time to expiry is the remaining time until the Ask Status is turned from “Open” to “Closed”. Once the
time has expired, the Ask Owner can no longer receive any responses to the Ask.
Ask Owner
The Ask Owner is the Member that posted the Ask on Swaplogic.
General
By responding to an Ask, a Member is creating a Draft Contract with the Ask Owner acting as the
Counterparty and the Member acting as the Contract Originator. A response to an Ask is stored in the Swaplogic database as a Draft Contract. The Draft Contract is reviewed by the Ask Owner and if they are interested in accepting or negotiating the Contract, they will begin the process from there. From this point, the process is the same as the Standard Contract process.
Limits on Ask Responses
Swaplogic limits the number of times a Member can respond to an Ask to one. This is designed to encourage a serious negotiating demeanor between the Originator and Counterparty. If a Contract Draft is created by responding to an Ask and the contract negotiation fails, the member cannot initiate another Contract Draft on the same Ask.
Once Multimedia has been uploaded, the Member can edit a number of the details associated with the file. The Member who uploaded the file may: change the Title, Description and Public/Private Status, Delete the Multimedia from the database, add Tags to describe the content and start Discussion Threads on the file.
Viewers of the multimedia only have the ability to add Tags, Log their Vote and Discuss the content of
the Multimedia.
Any Member can compose a Biography Event about themselves or another Member. Biographies can be about
any topic, including professional and personal events. Events can be categorized as either “Professional”, “Personal”, “Haters” or “Admirers”. These categories are explained below. When a Member authors a Biography Event about them him or herself, they can only categorize it as ether Professional or Personal. But when a Biography Event is contributed by another Member, the owner of the account has the option to categorize it in any of the four given categories.
Author
The author is the member who is composing the Biography Event. Authors can be either the topic of the Biography or it can be another Member completely.
Target Member
The Target Member of the Biography Event is the member who is the topic of the event. It can be the Member who is authoring the Biography or another Member entirely.
Title
Choose a Title for the Biography event that effectively and succinctly describes the Biography Event.
Description of the Event
The description of the event is all of the details contributed by the Author. Feel free to be as creative and descriptive as possible within the 10,000 character limit.
Date of the Event
The Date of the Event is date and time that the event occurred on. Dates can be in the past, present or future. The Timezone is ignored in this case.
Event Category Classification
The Event Category Classification is only activated when the Member who has Authored the Biography Event is also the Target Member. Otherwise, this field is only filled in by the Target Member once they have had a chance to review the Event and give their own feedback and input. The choices are either “Professional” or “Personal”. Professional events might include those that are related to work, school or other business related dealings. Personal events might include family, travel, social or other non-business related dealings. That said, its up to the Member to decide how they are categorized.
Emphasis
The Emphasis is only activated when the Member who has authored the Biography Event is also the Target Member. Otherwise, this field is only filled in by the Target Member once they have had a chance to review the Event and give their own feedback and input. The Emphasis is a categorization that allows the Target Member to express the importance and their general sentiment that the Target Member has
toward the Event. For example, if a Member had a Biography Event describing a great success in their professional life, like getting accepted to a top MBA school, they would likely categorize the event as having a higher degree of importance in comparison to other events described. Alternatively, if the
Member had a Biography about how they got a speeding ticket on the way to a really bad first date, that event might be classified as having less importance in comparison to other events.
My Comments
The My Comments is only activated when the Member who has authored the Biography Event is also the
Target Member. Otherwise, this field is only filled in by the Target Member once they have had a chance to review the Event and give their own feedback and input. This section is the place where the Target Member can add any additional feedback on the event that was not included in the Event Description. This field is predominantly used when reviewing and responding to Biography Events
composed by Members to other Target Members.
Multimedia Selections
Members can associate any images or video that they have uploaded in their Swaplogic Multimedia Gallery with the Biography Event that they are authoring.
If a Member is the recipient of a Biography Event that is contributed by another Member, the recipient has the opportunity to review, classify and provide feedback on their thoughts on the contribution. The events that have not to be reviewed can be found under the Pending Events category.
Event Category Classification
When a Biography Event is contributed by Member to another Member, the Event Category Classification
contains two extra categories. The choices are either “Professional”, “Personal”, “Admirers” or “Haters”. Professional events might include those that are related to work, school or other business related dealings. Personal events might include family, travel, social or other non-business related dealings. Admirers and Haters might include those Biography Events that the Target Member might
not want to classify within their own Personal or Professional Biography. These categories can be used to sort Biography Events made by your friends or enemies, and are preferred to be kept separate from the rest of your Biography. That said, its up to the Member to decide how they are categorized.
Emphasis
The Emphasis is a categorization that allows the Target Member to express the importance and their general sentiment that the Target Member has toward the Event. For example, if a Member had a Biography Event describing a great success in their professional life, like getting accepted to a top MBA school, they would likely categorize the event as having a higher degree of importance in comparison to other events described. Alternatively, if the Member had a Biography about how they got a speeding ticket on the way to a really bad first date, that event might be classified as having less importance in comparison to other events.
My Comments
This section is the place where the Target Member can add any additional feedback on the event that was not included in the Event Description. This field is predominantly used when reviewing and responding to Biography Events composed by Members to other Target Members. Members can use this space to provide rebuttals or to refute the Biography Event altogether.
Members can express their opinion on Contracts, Bios and Bids/Ask that they are not involved in by voting on their ‘Legitimacy’ or ‘Bogosity’. Where applicable, Members can submit one vote expressing their belief of the claims made in the Contract, Bio, Bid/Ask within the Swaplogic Public Domain. Simply click the “Legit” or “Bogus” buttons, and make your voice heard!
Multimedia can be used as a very valuable tool within the world of Swaplogic. It can provide wisdom,
evidence, outcomes or creative flair, to many of the elements within Swaplogic. Multimedia can be associated with almost any item within the Swaplogic Domain, Members just have to upload it first.
Monthly Limit
Each month, Members are allowed to upload up to 25 Mb of multimedia content, regardless of the format (image, video, audio). This is a rolling limit. So if you upload 25 Mb on the 20
th of the month, then you cannot upload anything else until the 20
th of the next month. On the other hand, if you upload 1 Mb on every other day, you will surpass your rolling limit.
Total Uploaded Content Limit
You can only retain up to 100Mb of uploaded content on Swaplogic, regardless of the format (pictures, video, audio). If you reach your upload limit, you must delete old multimedia before uploading new content.
Naming Conventions of Multimedia
When Members upload multimedia, they must give the file a Title and a Description. This allows for
easier identification and searching.
Multimedia File Types
The following file types are allowed for uploading to Swaplogic.
- Images: JPG, GIF, PNG
- Videos: FLV, MOV, MPEG, AVI
Availability of Multimedia After Upload
After multimedia is uploaded, it may take up to 24 hours to become available to the Member for use in their
account. This limitation exists because Swaplogic has to take some time to review, categorize and convert.
MULTIMEDIA DISCLAIMER
Swaplogic reserves the right to remove, hide or disallow usage of any multimedia content that as been uploaded to the Swaplogic servers. If we are uncomfortable with the images, videos or sounds in any content uploaded to the server, we will disallow its use within the Swaplogic Public Domain.
General
In almost any aspect of the use of Swaplogic, user submitted comments are applicable. The one constraint against commentary is that one must be a Swaplogic Member before they can contribute any comments to Swaplogic. Why does this contstraint exist? Mainly because the theme of this site is Member Accountability, and in order to demonstrate Accountability, Commenters must have registered for a Swaplogic account.
Registration is FREE and easy, so join now if you haven't already, and start contributing comments to the community.
Leaving Comments
Swaplogic encourages members to contribute meaningful, productive, clever, thought-provoking or otherwise valuable commentary for the Swaplogic community using our Comment Forms. Counter-examples to this type of behavior would be those people who get some form of self gratification by leaving a "I was here first" comment.
Abuse of Comments
If you find a comment on Swaplogic that you feel is abusing the system, such as comments left by spammers, trolls or Members leaving objectionable commentary, feel free to report it to us by clicking one of the appropriate buttons that are marked 'Report Abuse'.
DISCLAIMERS ABOUT COMMENTS
Swaplogic reserves the right to remove, edit or otherwise censor comments left by any members. We intend to be very liberal in our tolerance to commentary left by our members. For example, in most cases, swearing will be tolerated. Most controversial topics are also tolerated since we are not here to judge what ridiculous things go on in your head. But since we own this space, we reserve the right to be in a bad mood one day and remove your spamming, trolling, phishing, idiotic, rude, objectionable or otherwise upsetting comment. Also, depending on how malicious we are feeling on a given day, we may not only remove your comment, but we will ban your IP Address and suspend activity on your Account so that you cannot participate in our community. Remember, EMBRACE ACCOUNTABILITY. Consider yourself warned.