34 - The Ownership Economy | Jesse Walden
Inside the episode
Jesse Walden speaks about 'the ownership economy', in which value is returned to the producers via a protocol by compensation codified in its core.
YouTube, Facebook, Twitter are now extracting more than they are providing.
Can Ethereum and DeFi solve this? How can Ethereum host an internet-sized cooperative, like REI? How can token ownership create a larger tent, that can scale organizations past previous limits?
We also discuss Jesse's 3 theories for how crypto will be adopted, and which one he believes will come first:
- The people come, Bank the Unbanked!
- The institutions come, WallStreet wants part of the global casino
- The economy comes, non-financial apps create a โreal economy"
RESOURCES
- ๐ https://variant.fund/the-ownership-economy-crypto-and-consumer-software/?ref=bankless.ghost.io">The Ownership Economy Thesis
- ๐ https://variant.fund/how-does-defi-cross-the-chasm/?ref=bankless.ghost.io">How DeFi Crosses the Chasm
- ๐ https://variant.fund/progressive-decentralization-a-playbook-for-building-crypto-applications/?ref=bankless.ghost.io">Progressive Decentralization vs. Fair Launch
- ๐ https://variant.fund/cryptos-business-model-is-familiar-what-isnt-is-who-benefits/?ref=bankless.ghost.io">Business Models in Crypto