An Open Letter
Dear Leaders of the Sharing Economy:
Clearly, reputation is a hot topic for any peer-to-peer marketplace building a robust, trustworthy community.
Reputation within a marketplace is important, but a bigger issue exists: The sharing economy as a whole is operating without an accountability system. Irresponsible users can be kicked off of one marketplace, but there is no system in place to prevent them from acting irresponsibly in other communities.
We need a cross-platform reputation system to form the backbone of trust and safety for the sharing economy.
Users have to be held accountable across marketplaces, the same way a credit score ensures accountability across financial institutions. For example, Citibank will be notified if you do not pay your Chase credit card. This understanding allows the financial industry to function.
Such a system will require marketplaces to collaborate.
In an effort to facilitate this, we are forming the Legit Reputation Group (LRG). Our goal is to create a partnership of peer-to-peer marketplaces who share reputation information.
If you are interested in joining the Legit Reputation Group please email me at firstname.lastname@example.org call me directly at (415) 273-9305.
CEO and Co-founder, Legit