# Moxey

🔥  Community Currency built to help small businesses grow

## Elevator pitch
Moxey 1) helps local businesses sell more products and services and 2) extends credit to the participating companies and their employees. The Moxey network is built upon an advanced version of barter.

- Canonical URL: https://wefunder.com/moxey
- Entity ID: wefunder:company:72663
- Last updated: 2026-06-13T05:00:30Z
- Generated at: 2026-06-13T22:46:42Z

## Quick facts
- Used by 3,000+ local businesses in 16 cities
- Enables business owners to get new customers & better access to capital
- Robust network with over $193 million in sales of local goods & services
- A community currency that is as easy to use as a credit card or bank account
- Reliable recurring revenue model with a robust growth plan behind it
- Founder has previously built successful FinTech, EdTech, and Digital Marketing companies
- FinTech is one of the fastest growing sectors - 2021 adoption rate of 88% up from 16% in 2015
- 129 of our customers have invested $362,000 into Moxey

## Active fundraises
- wefunder:fundraise:53721: 4(a)(6) successful (USD)
- wefunder:fundraise:53722: 4(a)(6) successful (USD)
- wefunder:fundraise:39076: 4(a)(6) successful (USD)

## Story
Moxey combines FinTech, AdTech, MarTech, and social good for a powerhouse solution for small businesses. Our fast-growing, proprietary platform gives small business owners access to an interest-free line of credit while driving new customer acquisition.Why Moxey?It can be rough out there for small business owners. In a game rigged to benefit large corporations and massive financial interests, the backbone of the American economy is often left behind. Most small businesses face two major obstacles: getting access to credit, and finding new customers.Moxey is a network that helps small businesses support other small businesses while growing their revenues. Using our proprietary FinTech platform and a modern twist on the barter system, we provide business owners with access to much-needed credit and a new community of incentivized customers.Moxey isn’t just a concept. We’ve proven our platform through the $195M+ in sales facilitated through our network. To date, we’re partnered with 4,000+ small businesses, and we’re available in 16 cities across 4 states. A growing number of business owners benefit immensely from our system, and we’re confident that we can continue on this track to put Moxey in every city, worldwide.Moxey's unique ability to manage the allocation of credit inside the network is one of our most distinguishing assets. Our proprietary system maintains the stability and strength of the currency and includes contactless payment technology and a web-based point of sale system.The time is right for Moxey: between the ever-evolving power of smartphones, a growing fascination with alternative currencies, and a newfound interest in supporting local small businesses, Moxey is perfectly positioned for exponential growth, NOW.The Moxey team: an unbeatable combination of leadership experience in the trade exchange business, sales and marketing, and an extensive background of launching and scaling companies in multiple sectors. This team holds the potential to scale Moxey to epic levels.Watch below for a break down of the Moxey investment opportunity (this is also a great video to share with others).We charge a 10% commission on all revenue created by Moxey. This replaces any costs associated with advertising, sales commissions, transaction fees and financing for business owners, and provides us and our investors with a steady stream of revenue that will only keep growing.Moxey represents a paradigm shift in how local businesses fund their growth and sell unused inventory. As our network grows in size and strength, it will become harder and harder for future competitors to catch up, and we will continue to grow—exponentially.We’re in the business of making a difference, and we have the backing of our entire small business network. In the words of our customers, here’s why Moxey is the right investment:When you invest in Moxey now, you lock-in your stake at our current valuation— before we scale nationally and internationally. We have the tech, we have the team, and we have the passion—now all we need is you.Your investment in Moxey comes with perks! Here’s what you’ll get:Moxey isn’t easily explained in a few words, so we’d love to show instead of tell you how our business works. Here’s the complete scoopWhat Is It and How Does It Work?This short video is a great explanation to the basic question, What is Moxey?And for a more in-depth video on How Moxey Works, watch this one:

## FAQ
1. **Does moxey work for Hemp/CBD companies?**
   - Hi Daniel, thanks for reaching out! Moxey works for any legally operating business. It works best for businesses that are buying and selling in their local communities.
2. **what do i get by making a investment**
   - Hi Mike! First, I want to thank you for being a member of the Moxey Community in New Orleans! It is because of businesses like yours, we are working to help more local business owners across the country! We are selling equity shares (stock) in our company. Right now, we are asking for your commitment to partner with Moxey and help us grow. For being an early investor, we are offering a 10% discount in stock when you invest now. This is being offered until we reach 350K. In addition, we are of...
3. **Thanks for the videos about what Moxey is and how it works. (Just FYI: they aren't showing up on Wefunder - I had to visit your site to view them.) I now have a better understanding of your business model, but I still have some questions: (1) The pitch says that you've had $17...**
   - Kevin - these are outstanding questions. Details are below and thanks for the note about the videos. I believe we have the technical issue concerning the videos resolved. But we do have many, many more videos than could fit on the page. :) (1) The pitch says that you've had $175M in sales across the Moxey network and that you earn a 10% commission on all revenue created by Moxey. Does that mean that the company has earned $17.5M? If not, what about the math am I not understanding? Correct - t...
4. **Can you tell us more about the Emerald and Gold shareholder cards? What are they and what's the difference?**
   - Hi Lindsay! Great seeing you here! The colors represent an elevated level of investment. Cards may be activated into functional cards within the Moxey system. To be activated, the holder must have a viable account in a Moxey community. For those that receive a card for their investment and live in an area where there is not currently a Moxey community, hang on! We plan to be there soon! In the meantime, it can serve as a keepsake of your investment.
5. **Two questions - 1 - are you all planning on remaining an LLC for tax purposes? I like the pass-through model! 2 - Do you anticipate becoming profitable in the near future?**
   - Hi Lucas, thanks for your questions, hope this clears things up a bit. 1 - Are you planning on remaining an LLC for tax purposes? We are currently an LLC with pass through tax selection. One of the great things about WeFunder and the XX Team is that it makes it easy and convenient for LLCs to participate in crowdfunding. Likely, we will convert to a C corp at some point in the future but no timeline has been established. 2 - Do you anticipate becoming profitable within the near future? We can...

## Team
- Charlie Davis (President)
- Jack Heaton (Chief Technology Officer)
- Chip Davis (Founder & Executive Vice President)

## Recent posts
- Important update from Moxey (2024-12-26T14:50:19Z)
- 2022 Year in Review (2023-02-10T22:28:52Z)
- Q3 Investor Update (2022-11-07T23:03:01Z)
- Rapid Growth (2022-10-11T17:01:14Z)
- Washington DC Update (2022-05-07T23:10:36Z)
- Moxey is as easy to use as cash! (2022-04-14T18:47:37Z)
- What does Bo Duke and The General Lee have to do with Moxey? (2022-04-12T14:18:59Z)
- What does Bo Duke and The General Lee have to do with Moxey? (2022-04-12T14:02:46Z)
- Viral Growth Discussion (2022-04-07T17:14:05Z)
- Moxey Announces Significant Move into Crypto and Web3, to Expand on its over $250M in existing transactions (2022-04-05T16:03:28Z)
- ❤️ Hear from a few of our investors who are also our clients! ❤️ (2022-03-31T22:27:52Z)
- You Don't Know Jack - But Meet Him NOW! (2022-03-29T21:13:36Z)
- Moxey Solves Key Challenge for Crypto Currency Strategies (2022-03-23T16:41:20Z)
- Moxey Construction Loans & Webinar Update (2022-03-22T17:06:53Z)
- Our Investor Army - How You Can Help (2022-03-17T14:51:42Z)

## Q&A
- Q: Hi, I asked the question earlier about C-Corp. Thank you for your response. I've done further review on your materials and team and I'm convinced that you have something here worth building out. I've now invested $10k in Moxey. I look forward to seeing this grow!
  - A: Thanks, Patrick. We agree! We appreciate you taking a deeper dive and adding to your investment!
- Q: Hi Aimee, congratulations on the tail end of the fundraise! I wanted to ask how you position Moxey as a crypto product? I realize it's not technically crypto but in the comparison of similar goods, Moxey is in the zone. How do you see the future integration, potentially, with crypto projects?
  - A: Hi again Patrick, thank you for continuing to stay engaged with our campaign and asking more questions. Also, THANK YOU for investing! We have a unique plan for the crypto market. Our president, Charlie Davis, has been heavily involved in the space since 2013. Here is a link to his soon-to-be-published paper on Proof-of-Value, Dynamic Reserve Banking, & Decentralized Money. (use this link - https://docsend.com/view/nvkque74277ft9gi) While more approachable than most academic papers, the intended audience is monetary economists and thought leaders in the crypto space. Charlie has developed a monetary protocol called Proof-of-Value which Moxey uses to evaluate and publicly prove the value of every “penny” inside the network. It is possible that Moxey will one day serve as the payment layer for bitcoin. Users will be able to hold (or HODL) their bitcoin and spend their Moxey.
- Q: Can you tell us more about the Emerald and Gold shareholder cards? What are they and what's the difference?
  - A: Hi Lindsay! Great seeing you here! The colors represent an elevated level of investment. Cards may be activated into functional cards within the Moxey system. To be activated, the holder must have a viable account in a Moxey community. For those that receive a card for their investment and live in an area where there is not currently a Moxey community, hang on! We plan to be there soon! In the meantime, it can serve as a keepsake of your investment.
- Q: What markets are you entering and on what time table?
  - A: Hi Adam! Thank you for reaching out! Our initial goal is to expand from Texas to North Carolina. We haven’t publicized our timetable yet, but will release more details over the next several weeks.
- Q: Hi 2 questions?1) what made you decide to go to wefunder to get invested compared to going to VCs and big angel investors? 2) and what is your exit strategy?
  - A: Good morning Mike! Great hearing from you! (1) What made you decide to go to Wefunder to get invested compared to going to VCs and big angel investors? Moxey and WeFunder are completely aligned and even share the goal of saving capitalism. We help local economies grow and small business owners thrive. Inherent in our mission is the idea of democratizing wealth and creating a level playing field where everyone can prosper. The WeFunder platform provides a way for our existing customers to invest in Moxey. But we also benefit because building a national network of investors is a great way for us to build our brand as we prepare to scale across the country. Moxey wants to be in every city in America, and what better way to start than having a broad base of investors across the country! (2) What is your exit strategy? There are two primary exit strategies: Our goal is to go public and have an IPO, but it is possible that we will sell to a much larger company before that happens. These are forward looking projections and can’t be guaranteed.
- Q: Hi Aimee, thanks for answering my questions. I have a couple more questions. 1) Is your 10% fee paid in US dollars or Moxey dollars? 2) If it is paid in US dollars, how (e.g. credit card, ACH transfer, etc...) and when does Moxey get paid the fee on a transaction? Thanks.
  - A: My pleasure Nilesh! 1 - Is your 10% fee paid in US dollars or Moxey dollars? The 10% commission is paid in USD. 2 - If it is paid in US dollars, how (e.g. credit card, ACH transfer, etc...) and when does Moxey get paid the fee on a transaction The commission is paid at the exact same time the primary Moxey transaction is made. Currently our members preload USD into an account we call the Cash Reserve Account (CRA). They can load their CRA with a credit card or by mailing a check. If there aren’t enough funds in the CRA to cover the commission, the transaction is declined and the member is notified to load more funds. The CRA removes the problem of Accounts Receivable and helps with our cash flow. In the future we may allow members to approve a linked credit card or bank account for the commission, but right now they are required to preload funds into their CRA. **The potential software upgrade is a forward looking projection and can’t be guaranteed.
- Q: Hi, this is interesting concept. I have a couple of questions. 1) How does your system deal with sales tax on products and services sold? 2) Why would a business accept paying a 10% fee on each sale they make? 3) How does a business owner manage the fact the they are paying real US dollars for the cost of their goods/services, and need real US dollars to cover most of their living expenses, but are receiving Moxey dollars? This would seem to be limiting factor in how much of there business can move to Moxey. Thanks
  - A: Thanks for putting so much thought into this Nilesh! 1 - How does your system deal with sales tax on products and services sold? We treat all purchases, regardless of the type (product, service or tax) the same. A member pays their bill using Moxey dollars (including any tax portions). The remitting entity remits taxes to the government agency using traditional money. This works for all parties because taxes are pass-through expenses and as long as the company that earned the Moxey can spend them, it is a complete wash. 2 - Why would a business accept paying a 10% fee on each sale they make? Most companies are in continuous need of new customers. They attract them through a variety of ways - such as advertising, marketing, sales reps or discounts. All of these options have costs, sometimes significant costs, and often include both fixed and variable costs. Moxey reduces the cost into a flat fee that is only paid upon success. Sellers are paying a 10% commission for the new revenue that they receive. They even get to defer the commission and not pay it until they spend the Moxey they earned back into the network. Just as important are the dynamics created by ‘excess capacity’ and ‘expiring inventory’. Many businesses are selling inventory that might have expired or would have been wasted if it wasn’t sold for Moxey. In many situations sellers are opting for 90% instead of 0%. It is a big win for both parties in the transaction. 3 - How does a business owner manage the fact they are paying real US dollars for the cost of their goods/services, and need real US dollars to cover most of their living expenses, but are receiving Moxey dollars? This would seem to be a limiting factor in how much of their business can move to Moxey. All companies have Cost of Goods Sold (COGS) that often need to be paid in traditional money. The larger our network grows, the higher the percentage of COGS expenses that can be covered with Moxey. But even assuming that the percentage is 0, as long as the business can spend the Moxey that it earns, the currency that the COGS are paid in is a non-factor. And as mentioned above, because this is NEW revenue that otherwise wouldn’t have happened or sales of products that might have expired, the average COGS are lower and the profit margins higher. Per David Racardo’s law of Comparative Advantage, the increased trading transactions are literally making all parties slightly wealthier. And happier! Because members can spend into the deficit by accessing an interest free line of credit, if they do have cash flow problems, accepting Moxey helps them preserve cash and frees it up for other critical expenses. Customers can always select a “Standby” status if they need to temporarily limit their intake of Moxey. If for some reason the member begins to earn so much Moxey that it might be unhealthy for them or the overall economy, the network will step in and help them find ways to spend their Moxey. Moxey is designed to ensure a steady flow of incoming revenue and outgoing expenses. And with 4,000 businesses to choose from it is getting easier and easier.
- Q: Thanks for the videos about what Moxey is and how it works. (Just FYI: they aren't showing up on Wefunder - I had to visit your site to view them.) I now have a better understanding of your business model, but I still have some questions: (1) The pitch says that you've had $175M in sales across the Moxey network and that you earn a 10% commission on all revenue created by Moxey. Does that mean that the company has earned $17.5M? If not, what about the math am I not understanding? (2) How much (in dollars) is the line of credit that members receive? (3) What happens if members don't repay the line of credit (for lack of a better term)? Is there a time frame within which they have to do so? (4) Can Moxey dollars ever be converted into actual dollars that can be used outside the network? (5) Is specialized equipment required to read the Moxey card? (6) How do you prevent fraud, such as someone creating a fake Moxey card?
  - A: Kevin - these are outstanding questions. Details are below and thanks for the note about the videos. I believe we have the technical issue concerning the videos resolved. But we do have many, many more videos than could fit on the page. :) (1) The pitch says that you've had $175M in sales across the Moxey network and that you earn a 10% commission on all revenue created by Moxey. Does that mean that the company has earned $17.5M? If not, what about the math am I not understanding? Correct - the network has earned 10% or 17.5 million. However, as noted in the pitch, we’ve combined affiliate exchanges together that we call “legacy exchanges” to jump start our expansion. For these special situations the 10% commission flows first to our affiliate community and then a portion comes back to us. (The percentage varies and is detailed in the financials.) We are in the process of renegotiating these contracts but more importantly, as we grow from this initial footprint, Moxey will be the direct owner of new communities that we launch. And therefore earn the full commission on new growth. (2) How much (in dollars) is the line of credit that members receive? This is part of the magic behind Moxey. A credit line is fluid and can change on a regular basis. We use a monetary system called Dynamic Reserves to manage the process over time. But initially, a member's line of credit is a function of the sales they are likely to achieve inside of the Moxey network and not a function of their credit rating or overall financial success. What matters is the ability of the Moxey network to bring them new customers. Depending on the business category and current demand in the network, an initial LOC could be anywhere from a few hundred to tens-of-thousands of dollars. (3) What happens if members don't repay the line of credit (for lack of a better term)? Is there a time frame within which they have to do so? Members are financially responsible for their credit lines. As mentioned above, we use a unique monetary system called Dynamic Reserves to manage the flow of credit. It is based upon a special formula and time frame - but generally a 90 day window or a multiple of that to factor in seasonality and other issues. If a member becomes late in managing their credit line it is the job of the network to further engage and help them earn more business. But eventually the member needs to either a) sell a different good or service or b) use other resources to retire their debt. If they are still unable to do so, our system will leverage other resources inside the network to earn Moxey dollars and repair the soundness of the credit flow. (4) Can Moxey dollars ever be converted into actual dollars that can be used outside the network? Not right now. Part of the magic of our closed network is that they are constantly moving and not converted back to traditional money. (5) Is specialized equipment required to read the Moxey card? Currently transactions happen in one of three ways, 1) via our web portal… much like online banking, pay my bill services, etc., 2) through our mobile app which, among many other features, can scan the QR code on the back of the card to run a transaction, and 3) through our custom programmed POS terminals. With the creation of new software (one of the use of funds listed), we plan to incorporate APIs to directly connect with popular point of sale systems and online marketplaces. (6) How do you prevent fraud, such as someone creating a fake Moxey card? We have substantial measures in place to ensure that 1) fake accounts and cards aren’t created and 2) no unauthorized purchases are made as well as measures in place to discover them as quickly as possible if they are ever created. Fraud prevention is different in a closed loop network like Moxey than it is in an open loop network Thanks again for all the great questions! Let us know if you would like more information about any of this!
- Q: Could we get a response to this? https://www.wafb.com/2024/12/31/i-team-new-baton-rouge-cao-is-mired-litigation-with-multiple-companies/ Specifically, how many businesses has the Moxey network lost in Louisiana since December 2024? Also, why has the the Louisiana Secretary of State classified the company as "Not in good standing"?
- Q: What is the Exclusive Emerald Moxey Shareholder Card.
  - A: Adan, All Moxey members get membership credit cards to use as one of the many payment methods in our system. We have created a special Emerald Moxey Shareholder Card for our Wefunder investors. This card is only symbolic and isn't activated until you are able to participate in one of our Moxey communities.
- Q: Why would a cardholder be restricted to a city? Could a cardholder not be able to use their account/card in a city within a state or a city where he/she travels to or vacations in that also has Moxey affiliated businesses? 20.Oct.22
  - A: Martin, Great question! One of the benefits of being a Moxey member is that your Moxey dollars are good in any of our Moxey communities. Cardholders are not restricted to any location. The goal is to be able to travel across the USA using your Moxey for purchases. Currently, you can use your Moxey at 16 unique communities in 4 states. Most members earn and spend in their home community but we encourage spending throughout the network.
  - A: Perhaps, and we can discuss if you would like. To protect the value of the currency, we have to make sure that members have the capability to earn Moxey dollars (with a good and/or service) as well as the ability to spend those dollars back in to our economy at approximately the same rate within a reasonable period of time. You are right that the location doesn't necessarily matter, but because we're mostly geared for community and local activity, being close to other members does foster this movement of the currency in that reasonable period of time.
- Q: My wife and I are interested in investing in this company. Have concerns about your revenue projections also will like to have more information on your past year financials, interested in investing with significant amount. Thank you in advance for this information.
  - A: Donald, Thanks so much for your interest in Moxey! Our audited financials are posted in the details tab section of the Wefunder page. (right below the opening video) Please email me directly and I can send you more details about our revenue projections. We believe Moxey can scale in a very significant way because we are supporting small businesses need to grow and have better cash flow by helping them do business with other local companies. As the network grows it will become more powerful and more businesses will want to become part of the network. Thanks. Warren@Moxeyusa.com
- Q: Hi, I am investor & have emailed to Warren@Moxeyusa.com on 06/07/2022 stranded without response. Can someone please address this email ASAP. I am available for a call to explain what is the issue here.
  - A: Nirmal, Thanks for your concern. I had sent you an email with details on how we are working with Wefunder to clear up your K1 question. Please let me know if you don't see it. We will resolve once we hear back from Wefunder and I will get back to you quickly. Thanks again for your investment.
- Q: Warren, Definitely a game changer for Moxey using web3 prototype. As a investor, I am interested to know more about this. During the web3 announcement, I could not understand much:( The slide deck presentation explaining about web3 implementation and potential benefit for moxey business will help many investors to understand better. It may even trigger investors to invest more in my opinion:) 1) If we are already doing the same in traditional business model, why web3? 2) Will this reduce the transaction cost compared to the current payment fees? 3) Who are the partners for implementing web3 in Moxey? 4) How much moxey can earn from web3? 5) What are the benefits for investors? Best, Karthikeyan
  - A: Karthikeyan, Thanks for your great question. Moxey has functioned for many years before and during the formation of web3 and cryptocurrency. Adding a web3 strategy isn't required for our current business model. However, as we scale, trust and transparency will become more important to people believing in the value of our digital currency and this is the value of adding web3 to our roadmap. We are also excited about another way for our investors to earn money and guide our growth in addition to just returns through stock appreciation. Adding a connection to web3 will not reduce the transaction cost, in fact, because this is something that will be added to our current program it will increase our cost. These costs will not be significant because we are using an L2 solution and not processing individual transactions on the blockchain. This small cost is going to be worth it to continue to scale the Moxey dollar in a transparent and healthy way. We are still early on in the implementation of our strategy so we do not yet have all the details of who we will be working with and what the payouts will yet be for our investor partners. What we do know is Moxey has a huge edge over most other web3 projects. No other digital currency has Moxey's breadth of experience - 200 million dollars worth of real-world transactions, immediate real-world utility, a perfect mix of transparency and anonymity, and a governance strategy that will excel in a Web3 world We want our owners to participate in our growth and success through our web3 rollout. We added a page to the Moxey website and you can see more details here. https://www.moxeyusa.com/resources/web3
- Q: You mentioned previously that a well known business owner brings appx 25 business owners together in their community to kickstart the process. Would it also not be beneficial to have the data and stats with a large database as an example to have others join the network? It would also be very beneficial when entering a new state or market place to be able to show your progress to new potential customers and grow your network even faster when they see how successful you have been.
  - A: The core group of 25 members to create a community is just one of the many steps in creating a strong and thriving Moxey community. We have built 16 Moxey communities over the past 10 years and have a great database set that we use and can share that shows all of our successes and failures. We are constantly improving our process and more importantly fine-tuning the marketing messages we share with the communities that our value which should expedite growth. If you have any specific ideas or things you think we should focus on please let us know. We are very open to new ideas and experimenting with new approaches.