Open Value Network
a model for
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.