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How does Colony differentiate itself from Aragon?
by dreit1 9y ago
How does Colony differentiate itself from Aragon?
- gichiba 9y agoAs I understand it, Aragon is a way for a traditional company to sort of 'blockchainify' itself, by putting board management, funding, accounting, etc. of a traditional organization into a dApp. Colony is a really fundamental re-imagining of the way an organization works. Instead of being a normal company ported to the blockchain, a Colony is an organization native to the blockchain.
- elena_di 9y agoAragon'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.
- ComodoHacker 9y agoHow are you going to handle the growing inequality problem? In every type of economy, inequality gap in wealth distribution tend to grow over time. In your system, you'll have the same trend with "reputation" or whatever measure of influence you choose.
- thiagodelgado 9y agoFor wealth, it’s probably a toughie, but for reputation it’s a bit easier because reputation decays over time. That means it’s impossible for an influence aristocracy to emerge. There will still likely be a power law distribution of influence at play, but it won’t be as extreme as it might otherwise be, and people will have to remain active to retain their influence.
- Chris2048 9y agoI'm not sure it aims to solve wealth equality gap..