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Colony: A platform for open organizations

colony.io

61–70 of 181 posts

Re: Colony: A platform for open organizations

#63
post #53

I work for a digital workers cooperative. It is organised non-hierarchically and via consent (i.e. a modified and lighter form of consensus decision making that emphasises "I won't stop this" over "I 100% in agreement) - there is no voting but decisions still get made. Its called sociocracy[1]. Here is roughly how it works: 1. Someone brings in work, meeting clients etc. 2. They put together a proposal on this work,…

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Re: Colony: A platform for open organizations

#64

So, let's say i want do to something on the blockchain that looks like this. Where do i start ( in the context that i can program)

You can have a look through the Solidity language documentation http://solidity.readthedocs.io/en/develop/ then setup an environment with truffle (contract deployment and testing framework) and testrpc (lightweight blockchain client) as the client then write some contract code

Re: Colony: A platform for open organizations

#66
post #21

How does Colony differentiate itself from Aragon?

Aragon's focus is mainly on Board-level governance, while Colony is focused on the day-to-day management of tasks with a built-in reputation system to allow contributors to be rewarded in proportion to the value they provide a project while having reputation-weighted influence in the governance of that project.

Re: Colony: A platform for open organizations

#67

This 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.

See above ^ - I work for one so can say with some truth here.

Yes they do have this problem but it confers several advantages: people are more bought into the work they are doing, they are happier, they understand decisions made about them, they work with more passion. Not all communicational efficiency makes people happier or more productive. Though it does take discernment and judgement when to not bother have a meeting and make a decision about something. You want to try and lower the problem you identify.

Re: Colony: A platform for open organizations

#68
post #37

This looks useful, but I couldn’t find any source. It seems like a centralized, closed service but yet it advertises itself as a platform for openness. How is that? For instance, does colony.io use colony.io to develop colony.io? And, if not, why not?

How can you use something that isn't built to build the same thing unless you're using a time machine? I suppose once Colony is in production, you can create a Colony clone using Colony.

It's called bootstrapping, would indeed be interesting if they used there own platform to build it, or run it in a way right now that allows them to migrate to Colony as early as possible. As long as it does not work for there needs, it's not clear why it would be good enough for anyone else.

Re: Colony: A platform for open organizations

#70
post #37

This looks useful, but I couldn’t find any source. It seems like a centralized, closed service but yet it advertises itself as a platform for openness. How is that? For instance, does colony.io use colony.io to develop colony.io? And, if not, why not?

Because we haven't implemented the white paper yet. But we are coding that now and the repo will be opened once we're ready. Meanwhile we did publish the source for the token-weighted voting implementation, see https://blog.colony.io/token-weighted-voting-implementation-... and have opened more than just code, e.g. our employee equity plan https://blog.colony.io/on-creating-a-better-employee-equity-..., the legal reasoning behind a token sale etc.
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