The shared economy has been growing at a vigorous rate since cash-strapped consumers began sharing more during the 2008 recession. New income streams have been generated from renting out living spaces, cars, sports equipment and power tools. Yet as more consumers participate in peer-to-peer exchanges, average household wealth is not keeping pace. Disclosure: This is a Sponsored Article The largest beneficiaries of the sharing economy are the centralized platforms that facilitate the exchanges. Corporate middlemen including accommodation giant AirBNB and car sharing service Uber raked in $18 billion in revenues in 2016, or 10 percent of the shared economyPowered by WPeMatico
Did you hear that bitcoin’s dead? Or how about the new coin that’s going to be the next ethereum? Also, there’s this cryptocurrency called verge that experts are tipping to make huge gains this year. And let’s not forget ripple either. You should totally load up on $3 ripple. Navigating the cryptocurrency landscape is tricky […]