Sharing Economy is not a niche, it's the future
How co-consumption saves millions
Crowdholding discusses how the economy of joint consumption will help in crisis and why, by sharing with others, any extrovert can become richer
I got carried away with the idea of co-consumption after watching Rachel Boatswain on TED in 2011. Before that, I heard from acquaintances how they traveled using Couchsurfing, but did not pay attention to it. In Rachel's lecture, everything was described very sensibly: from the point of view and personal interest, and the global view - this is good for the economy, humanity, it is a model of the future economy.
For me, the notion of joint consumption was the answer to the question of how to deal with hyper-consumption. Everyone wants the quality of his life to be better so that he gets access to more services and opportunities - but how to do so so that this desire does not destroy nature and society?
Girlfriends exchange shoes, dresses, handbags with each other, younger people rent a car from strangers, friends come to visit friends or rent a cottage together. This all is part of joint consumption and the millions of people who deal with it.
Today we can talk about projects for joint consumption on the Internet, that this phenomenon goes beyond the boundaries of family and close friends, and begins to work among strangers personally.
Since 2011, the number of projects and people included in the economy of joint consumption has increased. This is also called “sharing economy” (from the word to share). Free space in the car, a spare room, idle equipment or tools, unlimited Wi-Fi network, startup projects - you have already paid for it, and if someone else does this, you will not lose anything.
In the list of goods and services that people most often share, leaders are housing (rent, rent out, joint travel), transport (joint trips), food (joint dinners), tools, goods for tourism (joint purchases, rent from private persons), Shared Wi-Fi.
Joint consumption is the economy of supply. You have something "superfluous" that you do not use, and you offer it to others. Joint consumption is an economy of abundance instead of an economy of insufficiency. All commercial advertising is built on one principle: it inspires us that something is missing (health, beauty, rest, luxury, freedom), and then offers goods to compensate for this insufficiency. The joint consumption is completely different: you understand that you have something superfluous, and you share this. From this you feel freer, happier, feel prosperity.
Against the whole world
Now it is already impossible to say exactly what happened before - whether the trend of sharing started itself or companies triggered this trend. Discussions about this are similar to the age-old theme of the primacy of eggs or chicken. Another important thing here is that the trend is growing so rapidly that it causes serious fears on the part of many "traditionalists".
"The level of aggressive competition among online services depends on how such a network is organized. If prices are always in sight, competition is stimulated, and then it reaches a negative level. But the competition should be focused on eliminating the intermediary. This is the essence of such services. Many people can lose their jobs because of this - by the example of Uber, against which the taxi drivers are on strike, we are already convinced of this. Agencies lose, drivers and passengers, on the contrary, win, "- says Justin Varilek.
Maurice Levy, head of the media group of Publicis, in an interview for the Financial Times, said that "everyone began to be afraid of becoming assured." The thing is that before the mass verification for companies the greatest risk was companies that offered better service at a lower price. Now companies are afraid of newcomers, start-ups, realized by smart madmen with their new business models, free from outdated views on business.
Last year, IBM conducted a study, "Pushing the boundaries: the results of a global survey of senior executives," which showed that one of the most common fears for company CEOs remains "verification," which destabilizes a particular industry due to the emergence of an "unobvious" competitor.
"My policy is the systematic destruction of corporations. And, yes, I'm for super efficiency. I need maximum business activity at minimum prices, "Travis Kalanik said in an interview with The Wall Street Journal.
Apparently, the old orders will long resist progress, while their bonuses will be given to pioneers who decided to choose an uber model for their business.
Of course, one can not argue that traditional business will completely withdraw from the market. Rather, it will be said that it is transformed by under the pressure of companies with an innovative business idea. Even if there are two employees in such a company. The "traditionalists" will have clients who will feel much safer at the expense of the long-established service system.
We are interested in your opinion and feedback regarding the crowdholding concept. Get in touch through our website or email us at firstname.lastname@example.org Learn more about Crowdholding in 1 minute by watching our Youtube video.
CrowdholdingCrowdholding connects the crowd with entrepreneurs, allowing you to give feedback and ideas for a future share.
First æternity Aepp Joins Crowdholding: Welcoming CryptoTask
Crowdholding Partner’s with Aeternity Ventures to support Starfleet Acceleration Program
Crowdholding May Update
Top 5 reasons to get YUPs! (Get dividends for holding YUPs)
Crowdholding April Update
Implementing Crowdholding widget to your website
ITF excelled with Crowd Wisdom
TailoredInk ICO Community Management
IronX ICO Social Media Marketing
Aerum ICO Influencer Marketing
Jarvis built with the crowd
ySign engaged the blockchain crowd
6 Ways to Earn Crypto For Free
Common Mistakes When Investing in ICOs
Connectjob joins Crowdholding
Week in a Nutshell & Smart Contract
Opporty joins Crowdholding
Getting to Know our Users
SmartCash joins Crowdholding
Bitcoen.io joins Crowdholding
What is a Smart Contract?
How to Create an ICO - Part 3 - Marketing
How to Create an ICO - Part 2 - The Two "W's"
How to create an ICO - Part 1 - The building blocks
Invest Time, Not Money
What alternatives are there to financing your business?
What is an ICO? And should you invest?
Blockchain technology : changing the world of business silently
Crowdholding’s Pre-Sale — A Case Study
How to become a Crowdholding supporter: Part 3 exchanging ETH for YUPIES
China ban on ICO’s : Not all Doom and Gloom?
How to become a Crowdholding supporter: Part 2 Buy some Ether (ETH) on Coinbase
How to create a task on Crowdholding
How to become a Crowdholding supporter: Part 1 creating a Ethereum wallet on MyEtherWallet.com
How to create a project on Crowdholding
Cryptocurrencies and their value
What is Crowdholding?
What is a White Paper? And do you need one?
What can CEO’s / Entrepreneurs learn from athletes?
How to start my own business? Part 3. Validating Your Business Idea
Top 10 career mistakes to avoid
6 Benefits of a Sharing Economy
How to start my own business? Part 2. Factory for ideas
Startup Promotion and Content Marketing Strategy
How to start my own business? Part 1. Five simple rules
The Year Capitalism could have Changed
Robots & Work: Jack Ma Predicted The Emergence of Robot-CEO
Startup Psychology: Why Entrepreneurs will save the planet?
Billionaire's School: it's hard to be the first
10 interesting sport startups that will rule 2017
30 reasons to be an online entrepreneur
How to chose a dating site?
You should know this striking marketing trend
10 reasons to join Crowdholding if you are a student
How did 67,000 people create the first crowdsourced melody?
Launch a startup with a partner, never alone.
Collaboration solves education problems with flying colors!
Hollywood movie from your smartphone?
Design your room the way you want it!
Hi, You're Hired!
Hi, Your business is now a unicorn!
Don't want to change the world for the better? You can stop reading now.
Sharing Economy is not a niche, it's the future
📊 What if karma was 🆚 worth something? 🤜🤛
Raise capital, preserve equity
5 marketing strategies for successful contact with Millennials
Why 75% of new products are doomed to fail?
Small Business Staffing Opportunities
What are Crowd Currencies?
Mass Collaboration leads to unprecedented innovation
Alternative Finance: Equity vs Crowdshare Crowdfunding
Co-creation between the crowd and small businesses
THE RELATIONSHIP BETWEEN IT AND CO CREATION
Corruption on Wall Street: The Stolen American Dream
To own or to rent, trends in sharing economics
CROWDSOURCING IN FASHION
Crowdsourcing a girlfriend
CrowdSourcing Trends 2020
Peer-to-peer journalism: What and how?
Peer-to-peer in the fashion industry
The Peer-To-Peer Marketplace Revolution
The relationship between Co-creation and Innovation
CROWDFUNDING AND VIDEOGAMES
NON-EQUITY CROWDFUNDING CHANGING FASHION BUSINESS
Revenue-sharing vs Reward-based crowdfunding
Blockchain application in Media industry
Blockchain Technology & Crowdfunding
Creative marketing through Crowdsourced Content
JOBS OF THE FUTURE
Alternative finance for small businesses
WHY CO-CREATE? – A message to the Crowd
Think Tanks and Benefits
Empowering Global Citizens to Improve Education
THE EVIL WALL STREET
Co-creation in Tech
Co-creation and Innovation
WHY CO-CREATE? - Benefits for Small Businesses
Co-creation in the Fashion Industry
Crowdholding vs Wallstreet
Make a brand your brand
Reward Distribution Rules.
Please read below how the rewarding structure works.
Voters get 35% of the reward
Commenters still receive the majority of 65% of the reward weight, while voters 35%.
You receive only 7 upvotes and must vote what you think are the best answers
You now have a limited amount of upvotes. You won’t see the other user votes until the task expires. If you vote the top half comments you will receive a portion of the 35%.
Top 50% upvoted comments get bigger share
Our algorithm gives top 50% upvoted comments more rewards than the bottom 50% comments.
Give me an example with numbers
Upvoters get 35 % of the reward.
65 % goes to the commentors.
Half of the reward is gained from bottom 1/2.
Upvoters get nothing
1/2 of the reward pool for this segmentis distributed among top 1/2
There is a task with 1000 Reward.
Let’s assume Top 1/2 recevies 70% of all upvotes.
Bottom gets 30 %. But because half of the reward goes to Top 1/2 that makes the final numbers more like Top 1/2 gets 85% (55.25% for commentors, 29,75% for upvoters) and bottom gets 15 % of the final reward.
If there’s 100 upvotes:
1 upvote that upvotes a comment in Top is worth around 12 Yups (circa 8 goes to commentor, 4 goes to upvoter)
1 upvote that upvotes a comment in Bottom is worth 5 (All goes to commentor).
Reminder about our Moderation
If you upvote a comment that’s reported as Spam or comment that should not be rewarded (eg. “Good job” comments) you will lose your right to be rewarded for this task.
We hope you like this new system and it brings you lots of fruitful discussions and reward you fairly.
Do you still have questions? Read more detailed explanation at our helpdesk
All the best,
Your Crowdholding Team