It allows individuals and organizations to:

• co-create value through large-scale collaboration
• distribute this value where it is needed
• if revenue is generated, to redistribute the revenue to all the contributors, in proportion to their contributions.

  The model embraces the basic principles behind a peer-to-peer (p2p) economy.

• peer production – the collaborative production of use value is open to participation and use to the widest possible number (as defined by Yochai Benkler, in his essay Coase’s Penguin);
• peer governance – production or project is governed by the community of producers themselves, not by market allocation or corporate hierarchy;
• peer property – the use-value of property is freely accessible on a universal basis; peer services and products are distributed through new modes of property, which are not exclusive, though recognize individual authorship (i.e. the GNU General Public License, other open-source compatible licenses, or the Creative Commons licenses).

  The open value network model relies on a p2p practices and is building a p2p infrastructure. An open value network is a general model that can be implemented under different forms, adapted to specific contexts.

Definition source: Tiberius Brastiviceanu on the OVN Wiki and LINK