Creating a peer-to-peer marketplace for borrowing and lending speciality tools and equipment
Many people occasionally need specialized tools or equipment for home improvement projects, hobbies, and other activities. However, purchasing these items for infrequent use can be expensive and impractical. Creating a peer-to-peer marketplace where individuals can borrow and lend speciality tools and equipment could address this frustration. Users can list their unused items, set rental prices, and connect with potential borrowers. It would offer a cost-effective and convenient solution for acquiring specialized items for short-term use. The market size for the sharing economy industry is expected to reach $1 billion in the coming years, according to a report by PwC.