In 2017 we published the first version of the Colony Whitepaper. In it, we outlined our vision of "Organizations, for the Internet". That it is awesome is universally acknowledged.
Unfortunately, the same could not be said of our Dapp. Thereās no point in being coy here: our Dapp suuuucked! It was about as pleasant a user experience as root canal surgery, and not as useful. Further, it barely made contact with the prodigious power of the Colony Network thrumming underneath.
It wasnāt the product weād promised, and it left users confused and disappointed. There are some teachable moments in how things unfolded that way, but itās a story for another day.
The important thing is this: weāre about to launchĀ New Colony.
Which confusingly, is old Colony. Colony of the Whitepaper. Colony as advertised. Colony as it always should have been. And it is goooooood! š
Okay, so what exactly is Colony again?
Colony is the most powerful, practical, flexible, and easy to use DAO framework.
Powerful
Everything an organization needs to operate on-chain. Payments, Teams, Authority, Governance, Fundraising, Revenue sharing, Arbitration, the ability to interact with any other smart contract on Ethereum, and a whole lot more.
Everything an organization needs to operate on-chain. Payments, Teams, Authority, Governance, Fundraising, Revenue sharing, Arbitration, the ability to interact with any other smart contract on Ethereum, and a whole lot more.
Practical
In a healthy organization, voting should be rare. That's why Colony operates a more agile system of 'lazy consensus'. It means organizations spend their time productively, not endlessly voting.
In a healthy organization, voting should be rare. That's why Colony operates a more agile system of 'lazy consensus'. It means organizations spend their time productively, not endlessly voting.
Flexible
Colony Core provides powerful primitives for finances, org structure, and authority. Extensions are plug-ins that build on those, shaping organizations according to their needs.
Colony Core provides powerful primitives for finances, org structure, and authority. Extensions are plug-ins that build on those, shaping organizations according to their needs.
Easy
Colony makes DAOs easy. Unlike the complicated, clunky competition, Colony's application seamlessly integrates powerful DAO functionality into a polished, logical, and easy to use experience.
Colony makes DAOs easy. Unlike the complicated, clunky competition, Colony's application seamlessly integrates powerful DAO functionality into a polished, logical, and easy to use experience.
We see Colony as the core of a suite of tools a Decentralized Organization needs to manage its operations. For Colony, as a team, that suite of tools looks something like this:
So, if you need a DAO but the options youāve tried are all just a little bitā¦ meh, or you're interested in doing work for DAOs, youāll want to stay tuned.
In the next blog post weāll unveil theĀ launch release features.
After that, theĀ 2021 roadmap.
And then, finally, our plans for the long awaitedĀ Colony token sale.
Join the community on TelegramĀ orĀ DiscordĀ to ensure you donāt miss the next announcement, and to register your interest in the beta.
ColonyĀ makes it easy for people all over the world to build organisations together, online.
*This post was originally published here in December 2020.