TiberiusB at 12:41, 24 May 2022

2022-05-24T12:41:47Z

TiberiusB: Created page with "Something that promotes or enhances well-being; an advantage. In the context of an OVN (or an open venture) a benefit is an advantage that can be extracted from contr..."

2022-04-13T05:39:06Z

Created page with "Something that promotes or enhances well-being; an advantage. In the context of an OVN (or an open venture) a benefit is an advantage that can be extracted from contr..."

New page

Something that promotes or enhances well-being; an advantage.

In the context of an OVN (or an [[open venture]]) a benefit is an advantage that can be extracted from [[contributing]] or participating. Benefits can be tangible (money, use access to physical spaces, tools and equipment, etc.) or intangible (reputation, sense of belonging, sense of purpose, etc.).

It is to be noted that OVNs are built to diminish the possibility of [https://en.wikipedia.org/wiki/Free-rider_problem free riding], which is a form of attack on the network (a ''market failure'' in traditional economics terms). Thus, access to tangible benefits is conditioned by [[contributions]] in some way, through a [[benefit redistribution algorithm]].

Access to [[governance]] is a form of benefit and in some cases (depending on the type of governance action) it can be linked to ''skin in the game''. A [[benefit redistribution algorithm]] is also used to distribute access to [[governance]].

← Older revision		Revision as of 12:41, 24 May 2022
Line 5:		Line 5:


−	It is to be noted that OVNs are built to diminish the possibility of [https://en.wikipedia.org/wiki/Free-rider_problem free riding], which is a form of attack on the network (a ''market failure'' in traditional economics terms). Thus, access to tangible benefits is conditioned by [[contributions]] in some way, through a [[benefit redistribution algorithm]].	+	It is to be noted that OVNs are built to diminish the possibility of [https://en.wikipedia.org/wiki/Free-rider_problem free riding], which is a form of [[attack]] on the network (a ''market failure'' in traditional economics terms). Thus, access to tangible benefits is conditioned by [[contributions]] in some way, through a [[benefit redistribution algorithm]].


	Access to [[governance]] is a form of benefit and in some cases (depending on the type of governance action) it can be linked to ''skin in the game''. A [[benefit redistribution algorithm]] is also used to distribute access to [[governance]].		Access to [[governance]] is a form of benefit and in some cases (depending on the type of governance action) it can be linked to ''skin in the game''. A [[benefit redistribution algorithm]] is also used to distribute access to [[governance]].

Benefits - Revision history

TiberiusB at 12:41, 24 May 2022

TiberiusB: Created page with "Something that promotes or enhances well-being; an advantage. In the context of an OVN (or an open venture) a benefit is an advantage that can be extracted from contr..."