Online Marketplaces Are A Hot Ticket; Industry and Market Trends
BenchCoin: From The White Papers, Clip 3
Online marketplaces are hot.
Online marketplaces are hot. The success of platforms like Airbnb, Etsy and Fiverr has proven that the marketplace model is very scalable and can be applied to pretty much any area of business.
As one of the top VC firms, Andreessen Horowitz, put it: “This is just the beginning“.
Funding for projects that are part of the Collaborative Economy Industry is already almost five times what the most successful social networks (including Facebook, Twitter, LinkedIn and YouTube) have raised. Since then, the gap has grown even further.
Source: Sharetribe Marketplace Academy
Global Trends
PwC did a study on the global market size of the collaborative economy. They found that the size of the industry is currently at around $15 billion, and expect it to grow to $335 billion by 2025.
The Collaborative Economy
The collaborative economy is defined as initiatives based on horizontal networks and participation of a community. It is built on “distributed power and trust within communities as opposed to centralized institutions”, blurring the lines between producer and consumer.
Crowdfunding and Person-to-Person Banking
Crowdfunding and person-to-person banking enable the circulation of capital between individuals to fund creative, social and entrepreneurial projects.
Open Knowledge
Open knowledge enables anyone to freely use, reuse, and redistribute knowledge such as content, data, code or designs. This principle is the foundation of commons-based peer production (such as free software, the creative commons, open science) as well as open education, open data, open management and open governance.
Peer-to-Peer Economy
A Peer-to-Peer, or P2P, Economy is a decentralized model whereby two individuals interact to buy or sell goods and services directly with each other, without intermediation by a third-party, or without the use of a company of business.
You don’t raise capital without an excellent market approach, a real problem to address, a clear business strategy (this also includes a long-term vision), and an Excel spreadsheet that projects your investor becoming a millionaire… That’s just how it goes. — Marc-Arthur Gauthey from Startupassembly.co
BenchCoin Digital Student Property Marketplace
One side of our double backed token is to create the first Digital Student Property Marketplace (DSPM) solving some of the most pressing issues in the Student Housing Investment Market today. Our platform will provide a newfound liquidity source to current property owners while bringing unprecedented access to the masses allowing just about anyone to enjoy this top end property investment.
Benefits of a Digital Student Property Marketplace
- Low Minimum Investment (eliminate high minimum, capital intensive investment)
- Added Liquidity (adds significant liquidity to a low liquidity property investment)
- Cross-border Investment (easy, secure, geographical access from virtually anywhere)
- Wealth Transference
- Fractional Purchase/Sales/Leasing
- P2P Crowdsource Property Auction*
- Blockchain Real Estate Tokenisation Platform*
- Decentralised P2P Custom Property Token Exchange*
*Student Pods carry with them many pitfalls and we believe Blockchain Tokenisation, Fractional Token Ownership and a Decentralised P2P Token Exchange will be an industry game changer.
BenchCoin Token Advantage
- First to Market (first Student Property backed token)
- Dual Opportunity (profits from both Digital Platform & Student Rentals)
- High Growth (Digital Marketplace and Smart Asset Leverage)
- Asset Backed (backed by physical assets with inherent values)
- Healthy Payout % (35% of net profits distributed annually)
- Social Benefits (Students deserve better conditions)
PropTech Benefits
- Greater Efficiency (less time, less paper, higher profits)
- Smart Buildings (accurate building and user info, more profits)
What’s up next…
In the next part of our series, “BenchCoin: From The White Papers”, we will examine the Digital Enterprise and how our BenchCoin Project will create the first Digital Student Property Enterprise.
BenchCoin Project on Medium: From The White Papers
BenchCoin ICO Website: http://hfbbenchmarkico.com/
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