34 - The Internet Cooperative | Jesse Walden

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The Ownership Economy | Jesse Walden

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 “real economy"

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Actions & Resources:

Read Jesse’s articles:

The Ownership Economy thesis https://variant.fund/the-ownership-economy-crypto-and-consumer-software/

The Ownership Economy in DeFi to date https://variant.fund/how-does-defi-cross-the-chasm/

Progressive Decentralization vs. Fair Launch https://variant.fund/progressive-decentralization-a-playbook-for-building-crypto-applications/

Business Models in Crypto https://variant.fund/cryptos-business-model-is-familiar-what-isnt-is-who-benefits/

Check out our Meet the Nation with RAC https://www.youtube.com/watch?v=vZMQcjLzx7s&t=848s

Five-star reviews to help grow the Nation!\

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