Introducing ONCE

What is the ownership economy? The products and services that will define web3—and the next generation of the internet—are those that transform users into owners. We call this the ownership economy.

A new generation of technologies is emerging with  the  promise to change  the  balance of power in  the  creator economy. If  the  pre-internet/web1 era favored publishers, and  the  web2 era favored  the  platforms,  the  next generation of innovations—collectively known

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The web I invented was to provide power and value to individuals, which they do not have at the moment. Users should have an ability to control their own data, to share it with other people and organizations as they choose.

To fully appreciate this view, consider that we seldom own anything on the internet today: we license ebooks from Amazon, we rent music plays from Apple Music, and we make payments to borrow domains from a registrar for a little while. Even when we create our own content, the rights to it are often owned by the content platform, distributor, or lab... See more