Collaborate Corporation Limited (ASX: CL8) operates peer-to-peer marketplaces where the ‘trust’ it creates makes it possible for individuals and companies to transact with each other for mutual benefit.
Million Dollar RACV Investment Advances CL8 Toward Profitability
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The ‘sharing economy’ is the notion that people (and businesses) can generate income from under-utilised assets, by sharing them on a peer-to-peer basis in exchange for cash. Where sharing Hollywood movies is considered piracy, sharing access to your own car or spare property is an income-generating opportunity for many consumers — so brilliantly evidenced by existing sharing economy posterchildren, such as AirBnb and Uber.
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