Is Seoul the next Great Sharing City?

The great mega-city of Seoul, South Korea, is planning to become a model city for sharing. Inspired by San Francisco's sharing economy, and specifically the Sharing Economy Working Group, Seoul's government has started  The "Seoul, a Sharing City" Project. 

“One of the great megacities of the world, Seoul, South Korea, is positioning itself to be a model city for sharing. A new, city-funded project called “Sharing City, Seoul” aims to bring the sharing economy to all Seoul citizens by expanding sharing infrastructure, promoting existing sharing enterprises, incubating sharing economy startups, utilizing idle public resources, and providing more access to data and digital works.”

Check out Cat Johnson's article on Seoul 'Is Seoul the next Great Sharing City?' and Seoul's government page dedicated to the project and let us know what you think.

Is Seoul setting a standard for innovative cities? Or is the Peer Economy still just a trend that will eventually die out?