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 sooner cooperative ownership is enshrined as a legitimate form of organization through DAO structures, the sooner we can build first-class structures for our future cooperatives. DAOs even present a unique opportunity to do so. The LLC is designed for a small set of owners. The public corporation is designed for mass ownership by capitalists. B... See more