News for hackers. Stuff that matters.
Re:Colony: A platform for open organizations by elena_di on Thursday October 05, 2017 @06:23AM (#15408003)
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 by ComodoHacker on Thursday October 05, 2017 @08:11AM (#15408459)
How 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.

Re:Colony: A platform for open organizations by thiagodelgado on Thursday October 05, 2017 @08:45AM (#15408658)
For 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.
Re:Colony: A platform for open organizations by Chris2048 on Thursday October 05, 2017 @09:29AM (#15408950)
I'm not sure it aims to solve wealth equality gap..