The Ownership Economy 2022 – Variant

Users are the marketplace. Uniswap points to the increasing power of individuals not just to build out platforms like Dune or The Graph but become platforms themselves.

Ownership, via employee stock option plans, has been a powerful tool for incentivizing talented people to dedicate their skills to building startups in Silicon Valley. While this model has been extremely successful, it hasn’t been accessible to all, constrained by geography and legacy financial infrastructure, among other factors. One result is tha... See more

This is the Ownership Economy, and beyond being a positive social endeavor, the platforms building it are able to leverage the strongest form of market incentives to grow network effects.

If Web2 companies have focused on driving loyalty amongst their uses in the form of engagement and retention, Web3 companies are focused on driving user ownership. One of the most exciting and unique features of Web3 is that "users...fund the products, information, and services that they consume." We're still very early in understanding all of the ... See more

The ownership economy-- by way of decentralized autonomous organizations aka DAOs + non-fungible tokens aka NFTs-- builds a business on top of the creator economy that encourages creators, operators and the community to collaborate together under a new, interdependent ownership mechanism that combines the best of both (legacy + creator economy) wor... See more

Startups use equity grants to hire people they couldn’t otherwise afford. Crypto startups have realized that they can do it with other stakeholders. Uniswap, a decentralized crypto exchange, is giving away 60% of its ownership tokens to early users and liquidity providers. As Uniswap grows, these tokens will rise in value and incentivize users to s... See more