Ownership Economy
exploring alternative ownership mechanics
sari and
Ownership Economy
web3 protocols enable two types of decentralized ownership:
#1: ownership of content (tokens, NFTs, data)
#2: ownership of the protocol itself
controversies about VCs owning web3 are *all* about #2—fair enough.
but don't forget #1 is revolutionary... See more
david phelpstwitter.comWeb3 aims to expand ownership re: A) economic upside &B) governance. IMO:
A is underrated—Giving upside to >1000x more stakeholders can disrupt the network effects of aggregators
B is overrated—There'll be some positives, but we'll experience the downsides of unclear leadership
Erik Torenbergtwitter.comFor products to work at scale they need sustainable business models and networks. Would love to see more discourse in web3 about the complex financial incentives conflicts that we’re going to see if the movement goes beyond DeFi/trading-related use cases. A few examples👇
Aaron Levietwitter.comArtist ownership is the way to fix Spotify’s broken streaming model (guest column)
Music Allymusically.com