Colony is a protocol for self-organizing teams that run via software rather than paperwork. In a typical organization, the rules for decision-making, compensation, ownership, and seniority exist in documents. Colony encodes those rules in smart contracts deployed on the Ethereum Blockchain. This approach to work is: 1. Trustless. The Ethereum Blockchain enforces the rules of an organization. Members can’t break the rules or change them arbitrarily at the expense of other members. 2. Open. Strangers can collaborate on a colony without formal hiring processes, contracts, or fear of being cheated. Participation is open and fluid. 3. Meritocratic. In this trustless, open system, members earn payment or ownership commensurate with their contributions to the colony. 4. Networked. Anyone can take on work in the Colony Network and be rewarded for quality output. No existing marketplaces provide this degree of access and choice. Put simply, Colony is infrastructure for “open organizations”: self-organizing teams that run via software, not paperwork.
Location: United Kingdom, England, London
Employees: 11-50
Founded date: 2014
Investors 8
Mentions in press and media 11
Date | Title | Description | Source |
01.02.2022 | VC-backed DAO startups are racing to define what DAOs actual... | Amid the growth in web3, NFTs, DeFi and tokens, institutional investors are also looking at how they... | techcrunch... |
26.09.2021 | DAOs May Be the Future of Work, but Don’t Bet on Them Being ... | A growing number of Ethereum enthusiasts believe that decentralized autonomous organizations (DAOs) ... | coindesk.c... |
03.12.2017 | No CEO needed: These blockchain platforms will let ‘the crow... | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI an... | venturebea... |
03.12.2017 | No CEO needed: These blockchain platforms will let ‘the crow... | Back in May, I wrote about the concept of DAOs, decentralized autonomous organizations capable of ru... | venturebea... |
01.07.2017 | Ethereum startups don’t need Silicon Valley | To date, Silicon Valley has been known worldwide as the place to go to get your tech startup funded.... | venturebea... |
01.07.2017 | Ethereum startups don’t need Silicon Valley | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI an... | venturebea... |
11.06.2017 | Why Ethereum is outpacing Bitcoin | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI an... | venturebea... |
11.06.2017 | Why Ethereum is outpacing Bitcoin | While Bitcoin is currently trading at close to its all-time high, its dominance in terms of proporti... | venturebea... |
04.06.2017 | Business in the age of Ethereum | Deep Patel Contributor Deep Patel is a serial entrepreneur, marketer and the author of A Paperboy's... | techcrunch... |
14.04.2017 | 400 Slack-сообществ для каждого айтишника 1. Продакт-мене... | Отдел новостей 14 апреля 2017, 11:50 400 Slack-сообществ для каждого айтишника Оставить комментарий... | dev.by/new... |
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