This kind of project not only comes from the successful DeFi protocol team, but also has an operating system based on organizational theory. Because the latter function is flexible and composable, * * This paper will briefly describe the framework of decentralized governance and DAO operating system, taking the representative project Colony as an example.
A (short) history of the colony
Before entering the encryption industry, Jack Duross, the co-founder of Colony, was engaged in the jewelry business in London. In the process of cooperating with suppliers all over the world, he found that the incentive mechanism of the whole supply chain could not effectively coordinate all stakeholders. While attending an offline activity, a customer asked Jack du Rose to help start a similar company. Although it was easy for him, he was also lost in thought. Companies around the world operate very differently. Is there a self-organizing way with an incentive mechanism so that everyone can participate and coordinate?
This is the origin of the original concept of colony. 20 1 5165438+1October 12, Jack du Rose took Colony to Devcon1,which was the first developer conference since the launch of Ethereum, and it was the first time to preach the decentralized operation mode of the company and organization to the Ethereum community. This concept has attracted many people's attention. In the process of establishing Colony community, he also met another co-founder of Colony, Collin Vine (now working for YouTube).
Up to now, Tao is not a concept with established standards or connotations, and there are different views among the early members of the colony, but their direction is the same, that is, the colony should adapt to the wider community as much as possible and help the close cooperation team to complete more work.
Under the guidance of this direction, the team conducted theoretical research on company theory, organizational structure and reputation system. The encrypted financing bubble reached its peak on 20 17, and Colony, who was worried about securities compliance, lowered his voice to the outside world. Until February, 20 19, after witnessing the emergence of more and more Dao, the team decided to start discord again, and the community began to recognize Colony's voice and like-minded people.
In March 2020, the team released the technical white paper V. 1 1. The new white paper reshapes the ideas and principles of Colony Network, defines various components, design and interaction rules of DAO, and defines Colony as DAO operating system.
As the soul of Colony, Jack du Rose believes that Tao is to the company system, just like video games are to board games. The former only needs players to play in the established game system of the platform, while the board game requires players to be familiar with complex rules and follow the established rules, otherwise the game cannot be played.
Although Tao, a new organizational model, will be gradually adopted by people in the general direction, its biggest challenge is that the model is too complicated. Colony hopes to provide a simple framework, which is flexible and composable and allows DAO organizations to run.
Colony's core ideas and components
With the decentralization of projects, Tao has increasingly become the main narrative way to replace traditional companies. Let's first review the role of Tao: 1, recruiting new members for the organization and allowing the team and community to achieve the expansion goal; 2. Ensure that governance plays a role in decision-making. 3. Find a market for the application of basic tokens and generate stable cash flow.
As a DAO operating system, Colony's basic framework revolves around domain and account authority, embedded with many components including financing, expansion, internal token, income/incentive, pledge function, honor system, security and so on. This means that Colony may integrate and cooperate with Gnosis Safe, the voting governance platform Snapshot, the social management tool CollabLand/Guild, and even the Web3 content platform Mirror.
Note: On June 4th, 165438+ declassified reports, Colony reached a cooperation with Snapshot, which will integrate Colony's honor system and make voting governance fairer.
/joincolony
Colonial blog: /watch? v=lniTZZW0_YE