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The Crowd Economy is About People

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COLLABORATIVE ECONOMY

Sean Moffitt of CrowdSourcingWeek.com lists the 14 parts of the Crowd Economy and #5 is the Sharing Economy and #10 is Online Communities. 

The Crowd Economy is About People

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Sean Moffitt of CrowdSourcingWeek.com lists the 14 parts of the Crowd Economy and #5 is the Sharing Economy and #10 is Online Communities. 

Why is that important? The crowd economy is dependent on people, just like the sharing economy. Technology is being used as a force for good in so many different forms but overall it's empowering people to participate, collaborate and get things done their way.

Check out the first ten of Sean's list here:

#1 Crowd Currencies – alternative currencies moderated and balanced by the crowd in a distributed, decentralized and publicly-known manner.

#2 Peer-to-Peer Lending/Commerce – direct social lending and socialized commerce between people without a financial or retail intermediary.

#3 Equity Based Crowdfunding – members of the crowd become part-owners of the company which is raising funds in the form of shares and dividends.

#4 Non-Equity Based Crowdfunding – members of the crowd give money to support a worthy cause or as an exchange for a “reward,” typically the product or service that the crowdfunding company produces or provides.

#5 Sharing Economy – a collaborative economic model built around the sharing of human and physical resources incl. shared creation, production, distribution, trade and consumption of goods, space, travel and services by different people and organizations.

#6 Customer Co-Creation – a partnership between an organization and group of customers, to jointly produce a mutually valued outcome while encouraging a more active involvement from the customer to create a value rich experience.

#7 Social Business - companies who encourage genuine listening, sharing, engagement and commerce through open, social channels to create value across the corporation or within various functions. 

#8 Crowd Causes - individuals, not-for-profits or purpose-driven organizations, who engage collectively with passionate and interested stakeholders to raise the profile, impact and fundraising potential of their causes.

#9 Crowd Tasks and Creativity – the effort of obtaining requested labour, services, solutions, ideas, or content by soliciting contributions from groups of people, typically online and geographically dispersed, rather than via traditional employees or suppliers.

#10 Online Communities - groups of individuals gathering and participating on web-based platform(s) and interacting with one another on an ongoing basis driven by a common, tribal attraction for a belief, idea, product, brand, idea, cause or business.

Read the rest of the list at Crowdsourcing Week

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