One Economy is the virtual economy within 📝One Inc Cooperative; a 📝Cooperative Currency that enables equitable economic exchange between 📝Citizens of One and the corporation they co-own.
One Economy was co-created with former CFO of 📝Second Life and co-incorporator of One, 📝John Zdanowski. Its development was catalyzed by 📝The Ascent of Humanity (book). It most closely resembles a 📝Local Exchange Trading System. It was and continues to be, modeled after 📝Living Systems in nature.
Elements
- 📝Resonance Dollars (R$) | the 📝Cooperative Currency that unites multiple 📝Types of Capital
- 📝One Ledger | a 📝Local Exchange Trading System that empowers 📝Citizens of One
- 📝One Balance | an index of 📝Citizen balances displayed publicly, a kind of 📝Potlatch
- 📝One Marketplace (alpha) | a marketplace of wares sold and exchanged by Citizens
- 📝OneDex (alpha) | a platform for the exchange of 📝Resonance Dollars (R$) between Citizens
- One Merit (memo coming soon) | a merit badging system for aligning Citizens in play
Participation
- 📝One Governance |
- 📝O=1 Visa (O=1) | akin to mutual consent and communication of intentions
- 📝Resonance Share Agreement (RSA) | akin to a Statement of Work
- 📝Co-Creator Agreement (CCA) | (coming soon) akin to a Shareholder Agreements
Reflections
"The disruption of [📝One Inc Cooperative] is that it offers "exchange" without discriminating against those who do not have [📝Financial Capital] to "pay" [...] Instead, it's the notion that by putting some skin in the game, members may invest more of their attention into these communities, thus making them more valuable." ~ 📝Will Cady