Colony: A platform for open organizations
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Re: Colony: A platform for open organizations
#2I'm happy to see another product in the "opinionated management" space (another is https://www.loomio.org) but think integrating a cryptocurrency limits the appeal and cheapens the concept. I really can't see who this is designed for.
Re: Colony: A platform for open organizations
#3I'm happy to see another product in the "opinionated management" space (another is https://www.loomio.org ) but think integrating a cryptocurrency limits the appeal and cheapens the concept. I really can't see who this is designed for.
Interesting to see the comparison. I've been (very) loosely following the progress of Colony, and I've had the sense that they were much closer to Assembly (http://assemblymade.com/), which is now defunct.
I was a participant in Assembly, and am optimistic that an eventual replacement will figure out how to make the money side work enough that they can keep going.
As it stands, I'm not entirely certain who Colony is for. Hopefully, not everybody.
Re: Colony: A platform for open organizations
#4This is the first Ethereum based project I've seen that seems halfway interesting (and I'm one of those "cryptocurrency doubters").
It doesn't somehow recursively relate to Ethereum, doesn't over-rely on blockchain buzzwords, and can be explained in a sentence or two. While first reading the page, I didn't realize that it was even an Ethereum based project until the very end, which I liked. At any rate, I'm interested enough to read the documentation in depth now.
Don't ruin this by having some bullshit ICO money grab, though. It looks halfway decent (and if you read my comment history, I don't really say that about any cryptocurrency projects, really).
Re: Colony: A platform for open organizations
#5I'm happy to see another product in the "opinionated management" space (another is https://www.loomio.org ) but think integrating a cryptocurrency limits the appeal and cheapens the concept. I really can't see who this is designed for.
To me it seems like a viable and interesting idea to have decentralized internet-based organizations with people doing work in exchange for crypto-tokens.
Sure, it limits the appeal, but a lot of viable and interesting things have limited appeal... Whether this kind of thing could become mainstream within a few years is the question, no?
Re: Colony: A platform for open organizations
#6I'm happy to see another product in the "opinionated management" space (another is https://www.loomio.org ) but think integrating a cryptocurrency limits the appeal and cheapens the concept. I really can't see who this is designed for.
To me it seems like a viable and interesting idea to have decentralized internet-based organizations with people doing work in exchange for crypto-tokens. Sure, it limits the appeal, but a lot of viable and interesting things have limited appeal... Whether this kind of thing could become mainstream within a few years is the question, no?
Mechanical Turk doesn’t seem to have shortage of workers and Amazon does nothing to market it.
Re: Colony: A platform for open organizations
#7This is the first Ethereum based project I've seen that seems halfway interesting (and I'm one of those "cryptocurrency doubters"). It doesn't somehow recursively relate to Ethereum, doesn't over-rely on blockchain buzzwords, and can be explained in a sentence or two. While first reading the page, I didn't realize that it was even an Ethereum based project until the very end, which I liked. At any rate, I'm intereste…
They’ve already written a blog about why they’re not going to do an ICO unless and until they are fully functional. If I remember correctly they were planning an ICO, but their lawyers advised that it would be a bad idea under the current circumstances and they rethought it. Honestly it’s says a lot of good about them in my opinion, most of all that they care more about the health of the project than getting rich quick. Even if long term riches are their goal, at least they’re going about it the sensible way and not playing cowboy.
Re: Colony: A platform for open organizations
#8This is the first Ethereum based project I've seen that seems halfway interesting (and I'm one of those "cryptocurrency doubters"). It doesn't somehow recursively relate to Ethereum, doesn't over-rely on blockchain buzzwords, and can be explained in a sentence or two. While first reading the page, I didn't realize that it was even an Ethereum based project until the very end, which I liked. At any rate, I'm intereste…
They’ve already written a blog about why they’re not going to do an ICO unless and until they are fully functional. If I remember correctly they were planning an ICO, but their lawyers advised that it would be a bad idea under the current circumstances and they rethought it. Honestly it’s says a lot of good about them in my opinion, most of all that they care more about the health of the project than getting rich qui…
https://blog.colony.io/the-colony-token-sale-7ac14c845bc0
A protocol token is part of the Colony roadmap, but they won't do a token sale until the product is ready, to minimize the risk that their token will be considered an unlicensed security by the SEC.
Protocol tokens or "app tokens" in general are really exciting, and a lot of the smart VC people are talking about them. The latest episode of the A16Z podcast is all about protocol tokens, for example.
Re: Colony: A platform for open organizations
#9This is really interesting. I've lately become more curious about theories of transaction costs - how traditional firms might have an advantage because they don't have to bargain over every decision and have understood lines of decision-making. I'm wondering if decentralized organizations might have a transaction cost problem.
Re: Colony: A platform for open organizations
#10Earlier quoted context omitted.
They’ve already written a blog about why they’re not going to do an ICO unless and until they are fully functional. If I remember correctly they were planning an ICO, but their lawyers advised that it would be a bad idea under the current circumstances and they rethought it. Honestly it’s says a lot of good about them in my opinion, most of all that they care more about the health of the project than getting rich qui…
https://blog.colony.io/the-colony-token-sale-7ac14c845bc0 A protocol token is part of the Colony roadmap, but they won't do a token sale until the product is ready, to minimize the risk that their token will be considered an unlicensed security by the SEC. Protocol tokens or "app tokens" in general are really exciting, and a lot of the smart VC people are talking about them. The latest episode of the A16Z podcast is…
What's the difference between a protocol token and the scam tokens you usually get from ICOs?