In a humorous display of the interplay between the digital realms and real life, Pizzeria Delfina in San Francisco has started outfitting its staff with t-shirts bearing quotes from some of their “best” 1-Star Yelp reviews. The move is interesting for a number of reasons, but in particular because it points to a real understanding of how much these reviews mean to businesses nowadays. Social media platforms that provide peer-to-peer reviews have at least caught up with, if not surpassed, the once powerful sway held almost exclusively by the classic expert reviewer. And while this new methodology may offer a [...]
Read more...March 5, 2009
February 3, 2009
The P2P Alternative Social Economy
The Wall Street Journal reports that a peer to peer social currency based economy may be playing a large role in our future. Stan Stalnaker, founder of the Hub Culture social network says “I don’t think anybody has any idea of how big a shift is coming in terms of our our view and perception of finance and money.” Clever social entrepreneurs are already bypassing the traditional banking world with micro lending services such as Kiva.org, and now other groups are creating their own units of exchange.
Hub culture has its own digital currency called Ven that its worldwide members can [...]
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