Airbnb is exploiting its users, but decentralized alternatives are possible
By aligning hosts and guests in a shared marketplace, decentralized platforms will make good on the promise of the sharing economy. Anybody who uses Airbnb knows that the company is resting on its laurels as the first mover in the home-sharing economy 1.0, but its dominance rests atop exploitation of the hosts and guests that are actually doing the sharing and creating the value. The guests pay too much and the hosts are paid too little. The resulting situation is akin to feudalism, rendering hosts as serfs who rent out their homes, keep things clean, deal with guests, and do the actual....
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Airbnb has hired a team of engineers from CoinChange, a company that is responsible for ChangeTip. However, no venturing into Bitcoin or Blockchain is on the horizon. Airbnb spokesperson reveals to CoinTelegraphCT r: 33: "We are thrilled to bring some members of the ChangeTip team on as a part of Airbnb and joining the engineering team working on building our infrastructure. We are not acquiring the assets of the company, nor do we have any plans to incorporate BitcoinCT r: 8 into the Airbnb ecosystem.” Airbnb is a company whose business model has been subject to much debate. They....
Decentralization of everyday aspects of our society is upon us, and as you would come to expect, government officials are not too keen on giving up their control and power. Airbnb is one of the most interesting projects in recent years, as it allows citizens to rent out their home for a short time to people looking for a place to stay. The idea of giving up your spare room(s) in exchange for a small amount of money, while being able to help someone in need, is exactly why Airbnb was created in the first place. Rather than continuing the trend of our selfish society, companies like Airbnb....
Binance-backed traveling website Travala.com is gearing up for the launch of its blockchain-powered competitor to Airbnb. Named Dtravel, the service will provide hosts and guests with a decentralized platform where they can rent out homes or rooms. According to the CEO of Travala, Juan Otero, the platform will be entirely governed by its users holding […]
Popular travel website Airbnb could soon accept cryptocurrencies for payments, CEO Brian Chesky has hinted. “Like the revolution in travel, there is clearly a revolution happening in crypto,” he added. Airbnb’s CEO Says ‘There Is Clearly a Revolution Happening in Crypto’ The CEO of Airbnb, Brian Chesky, asked on Twitter earlier this week, “If Airbnb could launch anything in 2022, what would it be?” On Tuesday, he revealed that he received 4,000 suggestions, noting that the most popular one is for his company to accept crypto payments. He....
Brian Chesky, co-founder and CEO of Airbnb, asked the Airbnb community through social media which applications or platforms its users would like to see launched in 2017. Most of the users responded with Bitcoin payment integration, providing the success of Expedia as an example. Chesky, a well-respected entrepreneur and innovator, wasn’t aware that travel companies or Airbnb competitors like Expedia accepted Bitcoin and, more importantly, failed to observe the success the platform has had after the integration of the cryptocurrency. Belonging. Expedia Inc. operates a wide range of popular....