# Agency

(1) Agency means the capability to operate and navigate a space-time.

(2) An agency is a network of agents appearing and acting together as a coherent whole without any central decision making. A contractual relationship of many to many via a network derivative. Also known as the collective [agent](https://glossary.ecsa.io/agent "mention"), composite agent, synthetic agent, derivative agent, distributed agent, derivative community. Agencies may be public or private, uniquely identifiable and able to participate in other economic spaces as a coherent whole. Through such composite agent we enable the creation of large scale collaborative organizational networks. Agency is a view on the network: when viewing agents in these networks, organized around and participating in a specific performance, we refer to them as agencies. Agency is a new understanding of an issuance around a performance: though there is no one central issuer but instead a whole network of (distributed) issuers and issuances, it expresses that it is the whole group - the coming together of separate agents - that is actually creating the value that is tokenized and getting captured by the performance.