I've read several posts on Ono both here and on Medium, plus read the whitepaper on their website, but you know you just broke this down in a way that I finally get it!
My key takeaways from this post is that 1) Ono is more like the Facebook to Steemit's Medium; and 2) there is no SP type function on Ono, so that's how they level the playing field. Having more EOS, for example, makes no difference in what you can earn.
I love both of these ideas, so once it launches I will definitely join and consider also moving my Facebook communities over to it. I am definitely looking for a way to get off FB, but have thousands of followers in my various groups and pages there yet have only been able to get a handful to migrate to Steemit. It just is too complicated and also not serving the need for group interaction.
Thanks so much for this post.