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

Contexts

• #cooic-economy

• #cooic-deck-slide