The Ownership Economy: Crypto & the Next Frontier of Consumer Software – Variant

Ownership is a powerful motivator for users to contribute to products in deeper ways, be it with ideas, computing resources, code, or community building. This more cooperative economic model helps ensure better alignment with users over time, resulting in platforms that can be larger, more resilient, and more innovative. This is the Ownership Econo... See more

The ownership economy doesn’t always mean a literal distribution of tokens, stock options, or equity. Rather, it means that ownership — which may manifest in the form of novel economic rewards, platform governance, or new forms of social capital — can be a new keystone of user experiences, with plenty of design space to explore. - Jesse Walden

The ownership economy. Central to the idea of NFTs and cryptocurrencies is the ownership economy where those who participate in the system also hold an ownership or financial stake in it. In this economy, the platforms are built, operated, and owned by their users, who are even more incentivized to make sure the system keeps running and has the adv... See more

Crypto networks and DAOs often use the concept of the “ownership economy,” an idea first articulated by venture capitalist Jesse Walden, as a kind of guiding philosophical infrastructure.