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Rachel Botsman • What's Mine Is Yours: The Rise of Collaborative Consumption
We are more platform agnostic than ever. Coming to a new Web site, you may trust it or you may not, but you care much less about where an idea originates and much more about who shared it with you.
Chris Brogan • The Impact Equation: Are You Making Things Happen or Just Making Noise?
The entrepreneurs discovered that the problems plaguing existing online children’s swap sites were twofold: inconvenience and poor quality. The team had already solved the first problem with the original thredUp model, building an easy-to-use interface and prepaid envelope system that made the experience feel similar to Netflix. But ensuring qualit
... See moreRachel Botsman • What's Mine Is Yours: The Rise of Collaborative Consumption
We propose a two-token reputation system, whereby one token, which we call “points,” serves as a non-transferable reputation signal. A second token, “coin,” is a transferable asset dispensed to holders of points on a regular cycle. Effectively, points spin off dividends in coins that can be used as tradable currency.
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
But while users no longer have to trust each other, they still have to trust the platform itself. That’s about to change, with consequences for many different professions and society as a whole.