Colony Reviews

Colony Description

Colony makes it simple for people around the globe to create organizations online. You can start an organization, give it structure and incentivize contributors. You can also award reputation and manage funds. No coding required. Smart, social decision-making mechanisms allow your organization to get things done. Colony is open-source and modular, so you can plug-in extensions to make your organisation run the way you want. Domains can manage the funds that are allocated to them directly, and have the flexibility to balance autonomy with oversight. You can define, incentivize and coordinate delivery of the product that will increase your colony's value. Great work will earn you a reputation for the skills and domains you have contributed. The Colony Network is an ensemble of smart contracts that runs on Ethereum. It serves as a general purpose framework to support the essential functions that organizations need, such ownership, structure, authority, financial management, and so forth.