Today Philip is Chairman of Letts Group. He has incubated and led a number of projects. He treats each project as an (ad)venture and he believes that leaders should try to make large-scale (societal) change happen and not just comment on it. His extraordinary projects over the last two decades have helped facilitate a more democratic and accessible world.
The Web’s Currency™
Letts incubated and spearheaded one of the first digital currencies in the late 1990’s called Beenz which was adopted by over 6 million people around the world. It opened up access to cash for the least advantaged and allowed people to earn money for simple Web activities such as clicking on links and filling in forms.
Philip led an international barter network for tens of thousands of small businesses in North America and Europe. It enabled the trading of goods and services without the use of cash, avoiding bureaucratic constraints. Small traders welcomed how this helped them improve their cash flow, widen their market and reduce costs.
A First Smartphone Interface
In the early 2000’s Philip ran a company that designed one of the first smartphone web interfaces adopted by many of the world’s largest telecom companies. It helped enable the mobile Internet and ushered in web access to the masses.
Global Artists Network
In 2007 Letts created a global artist network to loosen the stranglehold of large commercial galleries and agents while opening up the ‘commissioning’ market. Over 50,000 artists and creatives joined the online co-operative.
Open-air Art Reimagined
In 2019 Philip opened an innovative new open-air gallery and environmental art centre called Devon Sculpture Park.
Natural Climate Solutions
In 2005 Philip started working on specific solutions to the climate crisis. Today Letts Environment has a number of climate projects under way. In 2019 he launched DSP, which includes the UK’s leading centre for smaller-scale rewilding located in the southwest. DSP is also developing eco innovations. The first invention is a wildlife biodome, which is a man-made wood structure that houses hundreds of different types of wildlife.