Colony (blockchain)

Colony is a blockchain protocol and social collaboration platform headquartered in London, England, and founded by Alex Rea, Collin Vine, and Jack du Rose designed to make organizations more transparent and self-organizing. Colony is built on open source smart contractssmart contracts using the Ethereum network. It features ownership according to contribution, influence according to merit, and fair reward. The fair reward system on Colony works when a Colony member makes money, and the money is automatically shared through prior agreed upon smart contract agreements to the Colony member and others. Fair rewards are distributed based on the proportion of tokens and reputation Colony members hold.

Colony is a blockchain protocol and social collaboration platform headquartered in London, EnglandEngland, and founded by Alex Rea, Collin Vine, and Jack du Rose designed to make organizations more transparent and self-organizing. Colony is built on open source smart contracts using the Ethereum network. It features ownership according to contribution, influence according to merit, and fair reward. The fair reward system on Colony works when a Colony member makes money, and the money is automatically shared through prior agreed upon smart contract agreements to the Colony member and others. Fair rewards are distributed based on the proportion of tokens and reputation Colony members hold.

Colony is a blockchain protocol and social collaboration platform headquartered in LondonLondon, England, and founded by Alex Rea, Collin Vine, and Jack du Rose designed to make organizations more transparent and self-organizing. Colony is built on open source smart contracts using the Ethereum network. It features ownership according to contribution, influence according to merit, and fair reward. The fair reward system on Colony works when a Colony member makes money, and the money is automatically shared through prior agreed upon smart contract agreements to the Colony member and others. Fair rewards are distributed based on the proportion of tokens and reputation Colony members hold.