Glossary

Last updated 10 hours ago

Team: PhilH, Grace, Max Discussion

Commons

The commons is the cultural and natural resources accessible to all members of a society, including natural materials such as air, water, and a habitable earth. These resources are held in common, not owned privately. Commons can also be understood as natural resources that groups of people (communities, user groups) manage for individual and collective benefit. Characteristically, this involves a variety of informal norms and values (social practice) employed for a governance mechanism. [1] [source]

DAO

DAO is an entity that lives on the internet and exists autonomously, but also heavily relies on hiring individuals to perform certain tasks that the automaton itself cannot do [source].

DAC

Decentralized autonomous corporations/companies are a smaller topic, because they are basically a subclass of DAOs, but they are worth mentioning. Since the main exponent of DAC as terminology is Daniel Larimer, we will borrow as a definition the point that he himself consistently promotes: a DAC pays dividends [source].

Governance

Wood’s definition of governance as “[that which] changes a multi-party system into a moral person.” [source]

Zamfir: Decisions, decision-making processes, norms, and other institutions for coordination that we use to determine the future of our shared resources. [source]

Distributed Governance

Distributed governance is the specification of principles and methods which enable scalable coordination for forming consensus and to legitimate decisions. In such systems, all participants are treated equally without the presence of a central actor of hierarchy. They are scalable, so efficiency is not reduced but steady or increased by an increasing number of participants. [source]

On-chain Governance

Ideology

A collection of normative beliefs and values that an individual or group holds for other than purely epistemic reasons.[1]

Legitimacy

Network

Type of organization focused on connecting members for collaboration, opportunities exchange (projects, sales), hiring etc.

Personal Networks – e.g., alumni, professional, social and affinity groups — these allow you to meet a diverse group of like-minded professionals. Good for career moves, and to link you to new kinds of networks for your current work when opportunities emerge there. [source]

Community

A community is a small or large social unit (a group of living things) that has something in common, such as norms, religion, values, or identity. Communities often share a sense of place that is situated in a given geographical area (e.g. a country, village, town, or neighborhood) or in virtual space through communication platforms. [source]

In Gemeinschaft und Gesellschaft (1887), German sociologist Ferdinand Tönnies described two types of human association: Gemeinschaft (usually translated as "community") and Gesellschaft ("society" or "association"). Tönnies proposed the Gemeinschaft–Gesellschaft dichotomy as a way to think about social ties. No group is exclusively one or the other. Gemeinschaft stress personal social interactions, and the roles, values, and beliefs based on such interactions. Gesellschaft stress indirect interactions, impersonal roles, formal values, and beliefs based on such interactions.[6]

Organization

Organization is an entity comprising multiple people, such as an institution or an association, that has a particular purpose. There are a variety of legal types of organisations, including corporations, governments, non-governmental organisations, political organisations, international organisations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions. [source]

Firm, Business, Enterprise

A firm is a business organization, such as a corporation, limited liability company or partnership, that sells goods or services to make a profit. [source]

Platform

A Platform is a strategy, run by a shaper, to mobilize and help an ecosystem in creating value, with the aim of capturing part of this value. [source]

Social movement

A large, sometimes informal, groupings of individuals or organizations which focus on specific political or social issues. [source]

Loosely organized but sustained campaign in support of a social goal, typically either the implementation or the prevention of a change in society’s structure or values. Collective behaviour in crowds, panics, and elementary forms (milling, etc.) are of brief duration or episodic and are guided largely by impulse. When short-lived impulses give way to long-term aims, and when sustained association takes the place of situational groupings of people, the result is a social movement. [source]

Movement is a network of informal interactions between a plurality of individuals, groups and/or organizations, engaged in a political or cultural conflict, on the basis of a shared collective identity. [source]

Stakeholder

Stakeholder is a member of the "groups without whose support the organization would cease to exist".[1] A corporate stakeholder can affect or be affected by the actions of a business as a whole. [source]