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.

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

Crypto, Culture, & Society hosted Austin Robey to talk about both the opportunities and challenges inherent to building better collectively-owned-and-operated organizations

Governance, individual influence and moderation: As we discussed in previous articles, ownership is less about financial upside and more about social influence. In Web3, the individual is now influential within the organization it holds tokens of, giving s/he the ability to drive decision making that will bring better health and effectiveness to... See more

-Participatory decision-making and cooperative business models: From this standpoint, crypto tokens represent one of the most promising innovations for enabling ownership to be distributed and transferred on the internet as easily as information.