Know what
you own
Version
One
The missing number
Do you know what your wardrobe is worth?
Most people can name what they bought recently. Far fewer can say what they already own, what they actually use, what sits unworn, or what could help pay for something new.
How it works · Version one
Businesses can track what they own. Individuals cannot.
That is not a personal failing. It is a missing infrastructure. Version one is a Google Sheet system. It lets you:
-
01
Catalogue
Lodge each item once.
-
02
Understand
Banqed gives you analytics on what you own.
-
03
Circulate
Sell on the resale app of your choice. Banqed tracks what you make.
Version one
Know what you own.
Know what it's worth.
Decide what stays.
Wardrobe Analytics, filtered live. Built in Google Sheets.
Before
You know that you own clothes.
No clear value.
No clear sense of what you use.
After
122 items. Worth €3,122.
55 of them never worn.
€545 you're willing to sell.
First you find out what you own. Then you decide how you want to own it.
Where version one sits
Resale apps handle the sale. Banqed handles the before and the after.
- Before
- Find out what you own, read the patterns in the analytics, and decide what you actually want to sell.
- After
- Keep track of how much you are making.
You own 880 items.
Of those, 142 are tops.
The dominant colour is black.
You have 16 black tops.
Of those, you wear 2 regularly.
Black t-shirt · Tops
Their combined estimated resale value is €320.
Eight of them you have never worn.
Now you can decide.
This is what informed ownership looks like
Circulation
Nothing circulates until someone knows it is there.
The missing step in the circular economy, and the one Banqed builds.
- banqn.
- A personal record of owned items, organised by value, use, source and resale willingness. Takes the category as a prefix. Ex. wardrobe banq, book banq.
- banqedadj.
- Counted, valued and made visible. Ex. a banqed wardrobe.
- banqern.
- Someone who knows what they own, knows what it's worth, and acts on it.
- banqingv.
- Opening a banq, understanding what you own, and circulating it back into use.
- circulationn.
- The movement of belongings back into use through wearing, repairing, lending, donating, selling or renting.
- dormant valuen.
- Value held in items that are owned but rarely or never used.
- lodgementn.
- An item added to a banq, with its details recorded: source, value, use, rating and resale willingness.
- resale willingnessn.
- A personal measure of how open the owner is to selling an item. Scale: keep; keep for now; maybe sell; sell if price is right; sell now.
- listed valuen.
- The combined value of items currently listed for sale.
Open your
banq account.
Version one is a Google Sheet with the analytics built in. What you lodge now comes with you to the app.
Buy version one €10One payment · Yours to keep · No subscription
Wanted
Beta banqers
Version one, free, in exchange for twenty minutes. Want to shape how this gets built? Tell me what you make of it, and it's yours at the end of the call.
Book twenty minutes →Investing, press, or want to work on Banqed? Get in touch →
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