The Ownership Economy

In this episode, Jahed and Martin sit down with Dermot O'Riordan, a Partner at Eden Block who is focused on supporting and building what they refer to as the new Open Internet. In the course of the conversation, we dive into how new, efficient markets in compute, machine learning, and other sectors of technology can actually democratize access to the services that result from innovation in web3, the role of culture in company building and innovation, and the role that DAOs can play in spurring organizational innovation. This episode will be of particular interest to new founders looking to organize their companies in a decentralized fashion, as well as those trying to understand the implications of blockchains for more functional, efficient markets. Show Notes: ​​Culture eats capital for breakfast  Investment Thesis for Gensyn Pocket Network Investment Thesis Understanding “New Power” Episode 001 - Cryptoeconomics, Economic Democracy, and Networked Governance in Web3 with Nathan Schneider by The Ownership Economy Episode 006 - Worker Ownership and the future of the “Gig Economy” with Jason Prado of the Driver's Cooperative Sociocracy 3.0

In this episode of the The Ownership Economy, Jahed and Martin talk about how institutions are built, how to make them more inclusive, and the tension between global economies and local empowerment. The conversation has implications for how we construct companies, but also how more inclusive and vibrant democracies could be realized.

In this episode, Jahed and Martin sit down with Luuk Weber of Kolektivo to dive into the opportunity for regenerative, non-extractive economic designs built on tokenization of natural capital assets and localist economic principles. Luuk's story starts in Curaçao where he experienced the consequences of living on an island whose currency is pegged to the dollar, and the vicissitudes that come along with it. He was among the first people experimenting in the DAO space, using his learnings to bootstrap a local currency called CuraDAI, enabling local Curaçaons to keep their economy local in times of massive inflation. In the conversation we cover how Kolektivo is working with Celo and other entities to create new economic models that value ecosystems, land, and water for their regenerative capabiltiies, and not just their extractive, priced capabilities, with an eye to building markets that can price and provide liquidity for natural assets for people to take regenerative actions. This episode will be of particular interest to folks interested in the intersection of climate, impact, and web3. Show notes: Principles of Decentralized Exchange Trading Systems - Tuido CuraDAI How Crypto is Regenerating the World - Kolektivo Celo hopes to invest $340m stablecoin asset backing in rainforests - Ledger Insights - blockchain for enterprise Tokenized Natural Assets | Union Square Ventures Automating Ostrom for Effective DAO Management | by Jeff Emmett | Commons Stack | Medium Episode 015 - Mutual Credit on the Blockchain: Building Local Resilient Economies with David Casey

In this episode, Jahed and Martin connect with Julia Lipton, the founder of Awesome People Ventures. Julia cut her teeth in venture capital on a first fund working on the future of work. Her exposure to crypto and blockchain inspired her to position her second fund at the center of the ownership economy. Julia’s experience in web3 goes beyond her investment fund and she is also the founder of a DAO and a platform that sources talent for web3 companies. In her work as both an investor and operator, she is constantly thinking about how to empower value-creating stakeholders in her ventures through unique earning mechanism and governance rights. This episode will be relevant for both investors and operators trying to figure out how to align incentives in progressively decentralizing companies. Show Notes: https://twitter.com/JuliaLipton https://twitter.com/daomastersxyz https://barracuda.io/daomasters/links https://www.awesomepeople.ventures/

In this episode, Martin and Jahed sit down with Winding Tree founder Maksim Izmaylov and learn how the travel and hospitality industry works. It's not pretty—we dive into the economics of online travel agencies (OTAs), how they work, where their take rate comes from, and how consumers win while most community businesses and even airlines lose. Winding Tree is building a multi-stakeholder platform to reduce the rent-seeking behavior in this marketplace, and this episode will be a fascinating listen for those who are thinking of using web3 technologies to disintermediate legacy rent-seeking players, as well as those studying complex market processes and how they might lead to unintended outcomes. Show Notes: First people ever book a hotel on blockchain with crypto and checkin with NFTs. | Winding Tree Winding Tree DAOs, Democracy and Governance

In this episode, Jahed and Martin sit down with Christopher Goes who is building Anoma Network with Heliax. In the conversation, we cover definitions of money, what new definitions of money co-designed with local context can unlock in terms of value for communities, what the design space of money is, and promise and perils of privacy-shielded transactions. Show Notes: An Overview of Anoma's Architecture | by Awa Sun Yin Theory of Social Choice on Networks Against Decentralized Finance The Tyranny of Metrics | Princeton University Press Retroactive Public Goods Funding Anoma.net Introducing Namada

In this episode, Martin and Jahed connect with Austin Robey, founder of one of the first platform tech co-ops Ampled, and a prolific doer and thinker when it comes to self-managing organizations. We cover the full gamut of self-management, from Austin's formative experiences with co-operatives in his neighborhood in New York, bootstrapping and sharing ownership in the music platform Ampled, to his learnings working in Forefront DAO and then forming his own digital community in Metalabel. This episode will be of particular interest to founders and investors interested in how DAOs and Co-ops fundraise, fund their ongoing activities, and coordinate their labor to ship new products. Show Notes: Metalabel What Co-ops and DAOs Can Learn From Each Other Start.coop

In this episode, Jahed and Martin spoke with Dr. Jaya Klara Brekke, a researcher on the political economy of blockchains at Durham University and Chief Strategy Officer at Nymtech. Nymtech is reimagining a world where resilient digital platforms and ecosystems and individual privacy are not mutually exclusive. We connected with Dr. Brekke on a variety of topics including identity, security, control and power. Dr. Brekke’s work is guided by both political economy and anthropology and she brings a discerning eye to both the potential and limits of blockchain applications. Show Notes: 1.)   Distributed Ledger Technologies for Social and Public Good - https://eprints.ucm.es/id/eprint/65645/1/jrc121675_dlt4good_scanning_the_european_ecosystem_online.pdf 2.)   Digital Scarcity - https://www.researchgate.net/publication/351076380_Digital_scarcity 3) The market as a gun to your head, tool in your hand or escape route from hell https://agorist.xyz/files/Agorism_XXI_I_2022.pdf 4) Cryptopolitics - an update http://sumrevija.si/issues/sum-15/ 5) The Dissensus Protocol https://www.frontiersin.org/articles/10.3389/fhumd.2021.641731/full 6) Hacker-engineers and their economies https://sci-hub.wf/10.1080/13563467.2020.1806223 6.)    “The World of Anonymous Credentials” - https://blog.dock.io/anonymous-credentials/ 4.)   “Why I am Joining Nym” - https://medium.com/nymtech/why-i-am-joining-nym-2bcae776f7a7 5.)   The Age of Survelliance Capitalism - https://www.amazon.es/Age-Surveillance-Capitalism-Future-Frontier/dp/1781256845 6.) Cloud Money -  Cloudmoney: Cash, Cards, Crypto and the War for our Wallets 7.) How Reason Almost Lost Its Mind: The Strange Career of Cold War Rationality 8.) Louise Amoore - https://www.dukeupress.edu/cloud-ethics

In this episode, Jahed and Martin connected with Tamara Helenius, who is a Program Manager at the Commons Stack and Steward in the Token Engineering Commons. In an earlier episode, we spoke with Jeff Emmett at the Commons Stack about token engineering. In this episode, we discuss the human side of building ecosystems, commons and companies that embrace decentralization. It builds on the conversation we had with Richard Bartlett on the human work of how to create culture, and how technology can support this work rather than undermine or replace it. Anyone working on thinking through how to pragmatically decentralize a part or an entire company or build for the commons will be interested in this episode. Here are the show notes: Tribes, Institutions, Markets, Networks: A Framework About Societal Evolution | RAND Collaborative Economics: A Non-Violent Revolution Against Technocracy | by Tamara Helenius | Commons Stack | Medium Think Like a Commoner The DAOist's GGG - Beyond State and Market - Tamara Helenius DAO Check: Getting Stewardship Right - Tamara Helenius Beyond Markets and States: Polycentric Governance of Complex Economic Systems* - By Elinor Ostrom

In this episode, Jahed and Martin talked with David Casey, the Founder and CEO of Resource Network. Trained in political economy, David spent nearly a decade thinking about how to build local, mutually supported communities in the real world. He is a co-founder of Numundo, a network of ecovillages, intentional communities, permaculture farms and retreat centers. That experience informs his current work on Resource Network, a marketplace and ecosystem that is using blockchain technologies to bring mutual credit onchain. We talk about the history of complimentary currencies, how they worked before blockchain, and why the composability of web3 solves some challenges that historically limited the ability of mutual credit to scale. In doing so, we dive deep into Resource Network as a case study in decentralized finance. We hope you enjoy the episode. Here are the show notes: Resource Network White Paper - https://resource-network.gitbook.io/resource-technical/01-resource-finance/readme CIP36 vs ERC 20 - https://re-source.medium.com/a-mutual-credit-erc20-cip-for-celo-62c04492dcde Complementary Currencies: Mutual Credit Currency Systems and the Challenge of Globalization - https://sites.duke.edu/djepapers/files/2016/10/Lascelles.pdf Mutual Credit Systems and the Commons Problem: Why Community Currency Systems such as LETS Need Not Collapse Under Opportunistic Behaviour - https://d1wqtxts1xzle7.cloudfront.net/50162121/ijccr-vol-5-2001-4-schraven-with-cover-page-v2.pdf?Expires=1652420883&Signature=WSbRPS8Qgc1SZP6k0pcz~v6tn3cfB8O8yqeSBF0EykIp76q-S~FVbyhL49uTvNUVJrQ9ZJBCs1QUeI0gzwuUfawRukHPp~czHRbobhvelpopWvPuuFvhT7cEiiryGz~cjeEe19MVN9Uc2mqfKXWEoy4HI9g2mI769eYVbduttSKIKD6JSIhLpADgTPZWWs1tm1wntaf5argGMZ~kuWMkRmdm3GQulOyRGQmEMwFeY23LoAFGdf1GsynpQ8noqkxRmS0CXiaCaMjINkaFz7OEp2hDTQonBuq8iHyywevXT-HQPNva9cfPxguzZKcEQCqeKisa9PYBqfRiczseXPSsEQ__&Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA