OpenLaw Reviews

The new scalability stack to Ethereum. Instant transactions and scalable smart contract. Optimism (PBC) is a for-profit corporation that produces a public benefit while also operating in a responsible, sustainable manner. This means that we have to balance the stockholders' interests with the best interests for those who are most affected by our conduct. We also have a "public benefit charter" that we were incorporated with. The Company's specific public benefit purpose is to increase and enshrine fair internet access through the development open-source software. This charter is our promise to the Ethereum community that we will uphold its values and produce infrastructure that promotes the growth of an ecosystem of public good.

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.