ELI5: Explain Like I'm 5

One red paperclip

Okay kiddo, so one day a guy named Kyle MacDonald wanted to see if he could trade a red paperclip and keep making trades until he got something really cool. He put the paperclip up for trade on the internet and someone offered him a pen for it.

But Kyle didn't stop there, he traded the pen for a doorknob, and then traded the doorknob for a camping stove, and kept swapping things for better and better things.

People all over the world got excited about Kyle's mission and started offering him all sorts of stuff, like a snowmobile and even a house!

Finally, after a year of trading, Kyle ended up with a real-life recording contract. All from just one red paperclip! Pretty cool, huh?