The 'Bondsy' App Lets You Sell Items for More Than Money
Alexander Lam — May 27, 2013 — Tech
References: bondsy & fastcodesign
Making friends can be hard, but the 'Bondsy' app will help with that by letting you sell your items for friendship. Instead of cash, Bondsy allows you to sell things for more than money. The app un-restricts you from selling things solely for cold hard currency. Instead, you can ask for things like plumbing services, charitable donations or even secrets. With Bondsy's unique futures, the selling experience becomes a social one.
Bondsy itself works like a social network. You can add friends, look at an activity feed and engage with others online. The entire app works on trust. Even cash transactions are worked out through email instead of through a secure payment portal. Users can also choose to share items instead of selling them
Bondsy itself works like a social network. You can add friends, look at an activity feed and engage with others online. The entire app works on trust. Even cash transactions are worked out through email instead of through a secure payment portal. Users can also choose to share items instead of selling them
Trend Themes
1. Friendship Purchasing - Creating social platforms where you can sell and buy with your friends can be a potential innovative strategy.
2. Alternative Currency - Incorporating options for alternative currency, such as services or other non-cash items, can be a disruptive innovation opportunity in the traditional e-commerce industry.
3. Trust-based E-commerce - Building trust between buyers and sellers through social connections in e-commerce can be a promising trend in the sharing economy.
Industry Implications
1. Retail - Retail companies can use the concept of alternative currency to create unique and personalized user experiences that go beyond traditional cash transactions.
2. Social Networks - Incorporating trust-based e-commerce features into social networks can be a lucrative opportunity for companies seeking to expand their social media platforms as e-commerce channels.
3. Sharing Economy - Incorporating trust and transparency through social connections and alternative currency can be a potential disruptive innovation opportunity in the sharing economy.
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