“The contribution accounting system (CAS) is an IT tool for commons-based peer production or peer production. At the network level, it describes transformation and flow of resources. At the product level, it describes amalgamation of resources and contributions into something.
The CAS is NOT a currency system, it is not a system of exchange. It keeps track of how contributions amalgamate into something like products, services, infrastructure, social goods, etc. It keeps a record of who is doing what (role), how well (reputation) and how much (value) in a particular project. Its output is a normalized distribution benefits, including fluid equity for a particular project. If goods and services are created to be exchanged on the market, the CAS helps redistribute the revenue.
The CAS reappropriates labor, which is a major departure from capitalism. In capitalism, labor becomes a commodity. In a corporation for example, the worker exchanges his labor against wage. This transaction dispossesses the worker of the fruits of his own labor. In other words, the owner of capital owns the production of all workers. The CAS allows peers to turn their labor into fluid equity and thus to own the future revenue generated from the products they co-produce.
The CAS embodies tangible/extrinsic incentives. It allows redistribution of benefits to participants in projects. Moreover, the CAS incentivizes collaboration by reducing the risk. If someone creates a project and asks for collaboration but there is no documentation, no sharing of designs, or R&D processes, or of recipes (manufacturing script with bill of materials), other affiliates of the OVN might grow reluctant to participate, because the project becomes too dependent on its initiator or main facilitator. If this affiliate leaves the OVN, no one can continue the work. Therefore, past investment is lost or eventual benefits are delayed. Proper documentation and logging into CAS reduces the risk for investment (in time, $, materials, and other), because it insures continuity of the project in case the initiator or main facilitator leaves.”