Economic Space Agency

= protocols and distributed platforms for creating global value-aligned economic spaces

URL = http://ecsa.io/

Description

"Just like physical space, we often take for granted the rules and incentives of the economic spaces we inhabit and participate in. Banks, corporations, marketplaces and even social networks are kinds of economic spaces that operate on conventional economic logics of price competition and scarcity. ECSA offers the possibility to change these rules by realigning motivations, distributing equity, designing new forms of social interaction and by creating new economic space itself.

ECSA is powered by Agoric technology – a next-generation distributed computing, smart contracts platform – that allows for the creation of genuinely decentralized governance. Agoric combines blockchain technology with cryptographic capabilities (e-rights) to generate resilient and interoperable networks, where only the parties to a contract participate in its execution, replication and verification.

ECSA gives individuals, communities, organizations and networks innovative instruments to create new economic incentive structures that match their values and visions. Our tools provide ways to align economic value with social value by incentivizing cooperation and fostering a sense of community and shared purpose. With the ECSA platform, people can build, with other economic spaces, an emergent ecosystem founded on intentions of collaboration, reciprocity and abundance." (http://ecsa.io/mission/)