Colony

From CryptoWiki

Basics

  • Started in:
  • Based in:
  • Infrastructure for Internet Organizations
  • “Colonies are kind of like companies, except instead of being managed by fallible individuals, Colony harnesses the wisdom of the crowd to make sure that the right things get done by the right people, at the right time.”
  • Colony is in public beta live (5-2-2020) on mainnet.

 Basics

  • Started in:
  • Based in:

History

Token

ICO

Token allocation

Utility

Token Details

Tech

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].
  • Consensus Algorithm:
  • Programming language used:
  • Capacity (TPS):

Stablecoin

DEX

Privacy Method being used

Oracle Method being used

Their Other Projects

MetaColony

  • BetaColony - the experimental version of the MetaColony is live (13-2-2020):

"The Metacolony, like all colonies, requires a native token for its governance. That token will be CLNY. Influence in the Metacolony will be based on Reputation, earned by doing work in the Metacolony. Those who have CLNY and Reputation in the Metacolony will share in the revenue of the Colony Network.

That token hasn’t been distributed yet, and when it does, it will initially be locked and non-tradable. Part of experimenting with the Betacolony will be about experimenting with incentives, and to that end, the Betacolony will have its own (tradable) token: βLNY"

Governance

DAO

Upgrades

  • Glider; First release of Colony, an open source Ethereum based protocol providing a general purpose framework to create, operate, and monetize Digital Companies. Not all parts of the current implementations are yet fully trustless, like the overarching meta-colony for example, however this is a major milestone for the project.

Roadmap

  • Can be found here (23-3-2021).
  • Is launching its v2 system (15-2-2021).

Audits

Bugs

Usage

Projects that use or built on it

Pros and Cons

Pros

Cons

Competition

Coin Distribution

Team, investors, Partnerships, etc.

Team

Investors

Partners