---
# System prepended metadata

title: 'CRYPTOECONOMIC SYSTEMS, SYNTHETIC FINANCE, NETWORK DERIVATIVES'

---

# COLLABORATIVE FINANCE, CRYPTOECONOMIC SYSTEMS, SYNTHETIC FINANCE, NETWORK DERIVATIVES

Cryptoeconomy is not just another tech sector. It is a different way of doing the economy. The economic space we need to discuss in relation to the cryptoeconomy is nothing short of imaging and engineering an alternative, post-capitalist mode of organizing and calculating that sits in parallel with the conventionally-conceived economy. That’s a big claim. It announces new economic possibilities that, while not entirely novel in their vision, are wildly new in the conception of their reach and mode of organization. The rise of joint stock company and stock markets in 1840s transformed capitalism. A whole new mode of production, capture and distribution of value was born. I think we are now at a turning point of similar significance. The new network technologies will produce a radically different economy. How value is created, captured and distributed, what is money, how people relate to production, are changing as radically as the first generation internet changed the way we communicate and relate to the presence of others in our social communication. Here is some of our recent thinking:

[Accounting is already a distributed protocol ](https://glossary.ecsa.io/accounting)
[An expanded ledger grammar for encoding and communicating our economic realities](https://medium.com/econaut/an-expanded-ledger-grammar-for-encoding-and-communicating-our-economic-realities-b32cdb1d3abb)
[Reciprocal stakeholding: a new economic networking primitive](https://https://medium.com/econaut/reciprocal-stakeholding-a-new-economic-networking-primitive-31ff81b336f0)
[Collaborative Finance - An ECSA View](https://docs.google.com/document/d/1YNjLGRekDppV3YzjSUsvIkasZneaTJoOvH4uoKC2TpU/edit?usp=sharing)
[Cryptocurrencies as Units of Account: Genetically Reengineering the Economy](https://docs.google.com/document/d/1-cjHDACjRTuP18F_olJdMNgkR5zzTFBp3K3FMi_xvOI/edit)
[Economic Space TV: ECSA economic white paper introduction](https://www.youtube.com/watch?v=28d8uut8-to)
[ECSA Token is alive / ECSA Network is launched](https://medium.com/econaut/ecsa-berlin-office-postcapitalist-economic-media-expressing-distributed-economic-networks-90f30f24a06b)
[Decolonization of Money](https://web.archive.org/web/20220815084318/http://www.lafuriaumana.it/index.php/77-lfu-43/1104-jonathan-beller-economic-media-a-brief-dossier)
[Post-capitalist economic expression](https://web.archive.org/web/20220815083227/http://www.lafuriaumana.it/index.php/77-lfu-43/1105-akseli-virtanen-a-glossary-of-post-capitalist-economic-expression)
[Economy as a re-programmable communication medium](https://web.archive.org/web/20220815054657/http://www.lafuriaumana.it/index.php/77-lfu-43/1102-jorge-lopez-our-economy-a-re-programmable-network-operating-system)
[A Macroview to cryptoinvesting](https://medium.com/econaut/what-is-cryptoeconomy-a-macroview-84f4a0258832)
[What is a cryptoeconomy? And why now?](https://medium.com/econaut/what-is-a-crypto-economy-155bdbc4ab1d)
[Economics back into Cryptoeconomics](https://medium.com/econaut/economics-back-into-cryptoeconomics-20471f5ceeea)
[Rethinking Money and Credit in a Cryptoeconomy: On Protocols for Securing Liquidity in a Distributed Economy](https://assets.pubpub.org/mqc2esfj/21581340206367.pdf)
[Towards Post-Capitalism: A Language for New Economic Expression](https://medium.com/econaut/towards-post-capitalism-7679d2831408)
[What is Stability? The Time for Alternative Money](https://medium.com/econaut/what-is-stability-50655254124)
[Reframing stability in cryptoeconomy](https://medium.com/econaut/whose-stability-6521874f6c5a)
[Valuation crisis and cryptoeconomy](https://medium.com/econaut/valuation-crisis-and-crypto-economy-39c5b7e373af)
[Crypto-Political Economy. Transcending Hayek and His Digital Disciples](https://medium.com/econaut/crypto-political-economy-dd91c6fcff7)
[Network derivatives, synthetic indices, distributed value forms](https://medium.com/econaut/cryptoeconomics-working-sessions-2-at-nyu-stern-424dee379cfc)
[ECSA Tech Stack Architectural Description](https://docs.google.com/document/d/1HxqlId13F9Dw7SbAEi3MgC5VAMJAaMtbIfo1B5V7560/edit)  

ECSA Economic Paper (reading group version)
[The Grammar of Economic Space Agency: Towards Protocols for Collaborative Finance and Post-Capitalist Economic Expression](https://docs.google.com/document/d/1RfaYu2YED7OSYu2h7Bktj656juocFTUtwKrZrkIMgaA/edit)


Podcasts
[Designing post-capitalism and social derivatives with ECSA](https://theblockchainsocialist.com/designing-post-capitalism-with-the-economic-space-agency-feat-akseli-virtanen/)   💜
[The Crypto-political economy: Transcending Hayek and his Digital Disciples](https://soundcloud.com/user-177407194/crypto-political-economy-ch-2)
[Economic Grammar for the Information Age](https://soundcloud.com/user-177407194/ecsa-vision)

Videos
[Rethinking Money and Credit in a Cryptoeconomy](https://youtu.be/Ej9kDa9KyYs?t=311) (MIT)
[An Economic Grammar for Post-Capitalism](https://youtu.be/-37F9b7tu0U) (MIT)
[What is economic media?](https://vimeo.com/481679974)
[What comes after Decentralized Finance?](https://vimeo.com/487174337)
[Programming organization ](https://www.youtube.com/watch?v=lC6Q_1q_cWI)
[The ECSA Tech Stack in 30 seconds](https://www.youtube.com/watch?v=MGsaU9zXKUo&feature=youtu.be)  
[ECSA in the history of computation: Small Talk, Self, Xerox Parc, Cryptographic object capabilities, Mark S. Miller, stateful multi-agent programming languages](https://www.youtube.com/watch?v=AP0EtBNvS-o)  
[Balancing privacy with the utility of aggregating data](https://youtu.be/eHabxMq5Hts)
[Informational integrity of network derivatives](https://youtu.be/5RIFQveg-u4)
[Decentralized exchange, stable unit of account, bridging of different value forms](https://youtu.be/VV3GEagvFZc)
[A Distributed Exchange Protocol](https://youtu.be/TGuPuXapz68) (ECSA at MIT)
[Economic Protocols for Liquidity Creation](https://youtu.be/dywmtQDBK9M) (ECSA at MIT)
[A Peer-to-Peer Value Creation System ](https://youtu.be/99Qdb9n2070)(ECSA at MIT)
[Distributed Network Protocols as a Metapragmatic Grammar](https://youtu.be/vtjWr4Hz988) (ECSA at MIT)
[How does it feel to work with ECSA? ECSA team at work, Lohja, Finland](https://vimeo.com/504726700). 