Nondominium

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Nondominium is a legal framework to accommodate the voluntary registration of productive resources, the value added to them and by using them, and the outputs resulting from their use and modification, whereby all ownership rights in those resources, value added and outputs are transferred to a Custodian established for that purpose. The Custodian in return, acts in accordance with the Custodian Agreement, which is comprised of a Charter, a Value Equation (VE) and Governance Equation (GE), to return a subset of the ownership rights to the members in proportions determined by the Agreement using the ongoing value registered by members in real time. The members agree, by signing the Custodian Agreement, to register all value added to the Nondominium as well as all valuable outputs resulting from use of the Nondominium. Membership in a Nondominium is open to anyone willing to sign the Custodian Agreement.

See more on the original document written by Kurt Laitner.

See also

Draft of the OVN Nondominium Agreement Nondominium on P2P Foundation