Sharing Economy

Peer to peer trading of spare or surplus capacity to provide items or perform services

Decentralization and Deglobalization

Decentralization and Deglobalization

Crowdsourcing Week’s Theme of 2022 I believe 2022 will be a pivotal year for how we live and work, and for many aspects of the crowd economy. Decentralization and deglobalization deliver a more even distribution of power in society, and it’s our theme in 2022. There...

A #1 Business Model of the Decade: the Crowd Economy

A #1 Business Model of the Decade: the Crowd Economy

Almost two years ago Peter Diamandis, the entrepreneur perhaps best known for being founder and chairman of the X Prize Foundation, wrote his prediction of seven business models that will capture and dominate the 2020s. At the top of his list was the Crowd Economy....

“Power of the Crowd” Powered Sharing Economy IPO Successes

“Power of the Crowd” Powered Sharing Economy IPO Successes

This month, Airbnb and restaurant meal delivery service Door Dash floated on the US public stock market with resounding success, making immediate and spectacular gains. Then they fall back, and some commentators became alarmist, as if something was going wrong. Here...

A Sharing Economy Major Player Plans a Return to its Roots

A Sharing Economy Major Player Plans a Return to its Roots

The sharing economy is all about interface between crowds. Such as a crowd of car drivers and a crowd of people who want to go somewhere. Or as in the case of Airbnb, a crowd of people looking for somewhere to stay and a crowd of residents who want to earn a little...

Generation Share: The Changepreneurs Saving the Planet

Generation Share: The Changepreneurs Saving the Planet

There’s a new generation of entrepreneurs. They see themselves as change-makers, activists building businesses to save the planet. Like Greta Thunberg, they know that time is running out. Fed up with what they see as ‘corporate inertia’, they’re creating breakthrough...

Lessons from a Collaborative Lifestyle in Swedish Lapland

Lessons from a Collaborative Lifestyle in Swedish Lapland

Midway through the two-centre CSW Arctic // Europe 2018 conference, everyone including delegates, speakers, our CSW Sweden Team and our local supporters made their way from the coastal city of Luleå to Vuollerim, a rather remote inland village with a population of 800...

A Sharing Economy Newcomer Aims to Disrupt the UK Energy Market

A Sharing Economy Newcomer Aims to Disrupt the UK Energy Market

We recently ran articles on the increasing decentralization of sustainable energy production and energy distribution. In August 2017 a new type of disruptive energy supplier launched in the UK. After successfully raising almost £500,000 through reward crowdfunding,...

Humans, Robots and the Future of Work

Humans, Robots and the Future of Work

This is a series of blog posts in relation to The Hyperloop of Innovation and Future of Work. First we worked in fields, then factories, and now everywhere and anytime through devices connected to the internet. But what’s next for the future of work? According to Jim...

Self Storage Got Bigger with Spacer

Self Storage Got Bigger with Spacer

An Australian entrepreneur who has created Spacer.com has his eyes on the US shared warehousing space market. Spacer is cost-free to storage space owners, and like Uber and Airbnb, the space renters pay a small transaction fee. I had a chance to connect with Michael...

The crowd economy at work in recreational boating

The crowd economy at work in recreational boating

Among the hundreds of exhibitors at the 2017 London Boat Show are several operating with crowd economy business models. This article features three of them, the oldest being twelve years old and the youngest is a brand new company that launched at the show. Beds on...

Smart Cities, Sharing Economy and Mobility at CSW Europe 2016

Smart Cities, Sharing Economy and Mobility at CSW Europe 2016

Big data is a market currently estimated to be worth around $40bn and projected to reach $66.8bn by 2021, according to Ben Rossi in Information Age. And up to October 2016 there have been 22,800 questions posted on Quora related to big data. Some less...

Time banking – what is it and why should you bother?

Time banking – what is it and why should you bother?

What's your time worth? Some people might struggle to answer that question. But for time bank members it's a no-brainer: one hour of time equals one Time Credit. Time banking is an old concept that dovetails neatly with the sharing economy. Members offer their skills...

What role will platform cooperatives play in the sharing economy?

What role will platform cooperatives play in the sharing economy?

Fairmondo is an eBay-like marketplace specialising in ethical goods and services. But sellers and buyers don’t just use the platform. They own it. It’s one of a number of platform cooperatives hoping to shake up the sharing economy through community-run alternatives...

Is Africa being transformed by the crowd economy?

Is Africa being transformed by the crowd economy?

There is a radical change taking place in Africa, much of which is as a result of the emergence of the crowd economy. There are two key underlying reasons for this assertion. 1. Not only does Africa have a population that is forecast to grow from one billion today to...

GM and Lyft Joint Venture: A Foray on Smart Mobility?

GM and Lyft Joint Venture: A Foray on Smart Mobility?

Will the convergence of sharing economy and automotive industry transform the future of transportation? This week's breaking news says so. The biggest direct investment deal so far this New Year is General Motors (GM) investing $500 million in the ridesharing company,...

Crowdsourcing News Roundup – December 11

Crowdsourcing News Roundup – December 11

Holiday season is already here and in a few more weeks, it will be 2016! And for this week, here is a curated weekly roundup of the breaking news and must-read thought leadership pieces on the crowd economy spotted by the Crowdsourcing Week team.  From Goldman Sachs...

8 Platforms Solving Mobility Globally

8 Platforms Solving Mobility Globally

As I write this article, Beijing has issued its first ever Red Alert on account of lethal air pollution. The “Airpocalyptic” view from my desk made me question the way we look at ridesharing and on-demand platforms. They are not just the next profit-making startup...

The New Era of Economic Abundance

The New Era of Economic Abundance

Last decade was about YOU - the next decade will be about WE. Welcome to the new world of what Epi Ludvik Nekaj refers to as “Crowd Capital”. Just as the democratization of content in the past decade led to structural disruption in media-related sectors, the emerging...

How Does The Sharing Economy Disrupt the Travel Industry?

How Does The Sharing Economy Disrupt the Travel Industry?

While scouting for global tourism and travel data, I found out that this trillion-dollar industry is undergoing “a rapid recovery” from the 2008 recession according IBIS World Research Company. Based on the recent report, travelers from emerging countries such as Asia...

Google’s Foray Into The Sharing Economy: RideWith

Ride-sharing and carpooling have been popular under the sharing economy slice. Uber popularized it, spawning to various ridesharing apps to monetization strategies worldwide to big brands such as Audi, Ford and BMW jumping on the bandwagon with a custom sharing...