Airbnb

Renting a stranger's spare room for the night was a fringe idea when Airbnb started in 2008; now it is a verb. The San Francisco company runs a marketplace connecting people who have space to rent with travelers looking for somewhere to stay, from single rooms to entire villas, and takes a service fee from both sides of each booking. Because it owns almost no property itself, the model is asset-light and scales across roughly two hundred countries without Airbnb having to build a single hotel.

Its edge is the sheer size of its listings and the trust layer of reviews, payments and insurance that makes booking a private home feel safe. The recurring risks are regulatory: cities worried about housing costs and tourism keep tightening the rules on short-term rentals, and each new restriction chips at supply in a key market.

On MyRWA, ABNB trades tokenized across 7 on-chain venues - see the listings below.