What is the ownership economy? The products and services that will define web3—and the next generation of the internet—are those that transform users into owners. We call this the ownership economy.

“The ownership economy doesn’t always mean a literal distribution of tokens, stock options, or equity,” Walden wrote in a post outlining the idea. “Rather, it means that ownership — which may manifest in the form of novel economic rewards, platform governance, or new forms of social capital — can be a new keystone of user experiences, with plenty o... See more

If Apple were structured as a worker-owned cooperative, the ownership stake of each of its 150,000 workers would be worth over $15m. On top of that, each employee would receive an annual dividend of over $400k. Ownership creates wealth, and its concentration helps create wealth inequality.