I just created a starter portfolio to get exposure to the ‘decentralized economy’. By that I mean stocks that enable individuals to sell products and services to other individuals directly. The reason such as portfolio can be interesting is twofold
- It saves individuals/businesses money to directly connect to the person who is going to do the work and pay them only once for that work instead of having to pay fixed salaries.
- The trend of increasing centralization (concentration of power in a few companies) has risks: censorship & de-platforming, both online and offline. These services allow individuals to de-centralize from these centralized services.
- Amazon Mechanical Turk
- Delivery Hero
- Just Eat Takeaway
- Uber Eat
Crypto / Fintech
- Wise (Low-cost multicurrency bank account)
- DiDi Global
If you have any comments or stocks to include, feel free to add suggestions.