Eastly vs Sparetoolz

Eastly is your weekly infusion of all the top tech stories from the world’s innovation powerhouse: East Asia.

Every Sunday we’ll bring you a short, sharp roundup of the biggest stories our team in China have spotted – the kind of stuff that takes a few weeks for the Western media to notice.

Sign up for just $5 and you’ll be among the first to know about Eastern innovation!

Location: Edinburgh, United Kingdom

Peer-to-peer Tool Rental Application for iOS.

Sparetoolz is a new app based on the peer-to-peer sharing economy. It’s a safe, secure platform that connects tools owners (who have tools) with tools renters (who need them).

Sparetoolz helps you make & save money with peer-to-peer tool rental in your community.

Tool owners can have an instant side hustle with virtually no overhead, making money from tools they already own that are probably just sitting around in the garage doing nothing.

Tool renters can save money by renting at reasonable rates instead of buying, avoid the clutter and hassle of storing a bunch of infrequently used tools and support their communities by keeping their money local.

Location: Rocklin, United States