Garden Tower

Describe all layers of incentives...

The short-term economic model for this venture is based mostly on public funding and crowdfunding. 

The long-term economic model for this venture is built around open innovation and distributed manufacturing (DIY).

In short, for the long run, we're geared towards providing: 

• DIY kits (can be transactional kit sales) that provide required vitamins (non-digitally manufactured components) to build a particular tool (Zimmermann, 2014; Gibney, 2016).

• Specialty parts / components, hard-to-find, custom (ex. BackYard Brains or OpenQCM both sell the most specialized and hardest to source components for their respective open hardware tools).

• Help with calibrating and validating (scientific) hardware (can be transactional service) to provide security to prosumers who build their own tools. This provides prosumers with the confidence that their measurements or functionality are acceptably reproducible, accurate and precise.

• Education / Training (ex. Open Source Ecology), include support. This can also follow the consulting business model (Fjelsted et al., 2012).

• Ecosystem services: provide trust, validation, discoverability, help, a place to discuss and collaborate, etc.

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More on p2p economic models

Open Venture governance document 

Organizational context

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Agreements

• Custodian Agreement {URL}

• Exchange Firm Agreement {URL}

• Venture Governance Template {URL}