Currency of the New Economy is Trust

2018-03-27T10:48:19+08:00February 14th, 2017|Community, Experience, Trust|

Why are people engaging in the sharing economy? According to Rachel Botsman, the brain behind the concept of Collaborative Consumption, as a society we are sharing things such as pets, property, services and goods, to either fulfil a need or leverage an asset. Botsman talks about the collaborative process that takes us back to [...]

Two-way Reviews

2018-03-27T10:40:25+08:00February 9th, 2017|Community, Experience, Trust|

A critical part of making SpacetoCo work is the Trust Factor. Rachel Botsman talks about Reputation Capital as the new emerging economy. What is she talking about? She says that in the sharing economy, people tend to behave differently because they know they will be reviewed at the end of their time. In fact, [...]

Damage – Am I covered?

2017-02-15T02:34:45+08:00February 15th, 2017|Experience, Hosts, Policies and Legal, Trust|

We know that people behave differently when they know someone will be rating their performance - this is a key factor when it comes to sharing spaces. Most of the time, people will be wonderful, respectful and careful in someone else’s space. However, there will be times when something happens that is completely unexpected. We [...]

Insurance

2017-02-10T02:39:15+08:00February 9th, 2017|Experience, Hosts, Policies and Legal, Trust|

Insurance policies can be very complicated, and it is essential that you consult with your policy before listing a Space on SpacetoCo. I think it’s safe to say that most Australian’s are never 100% positive on exactly what their insurance covers. There are a variety of insurance products available and if you are a [...]