Colony goes into operation

Press release

November 2021 – Colony opens its long-awaited DAO operating system to the public this month.

Over the course of 2021, Colony added hundreds of DAOs to its private beta and is currently completing its final testing phase. The colony was officially opened to the public this week.

“We have worked to create the most powerful, practical, and easy-to-use operating system for DAOs. Our goal is a comprehensive framework that is simple enough for beginners but powerful enough for the most complex forms of DAOs we expect in the years to come. Our private beta was a huge success and trust us we’re making the right product at the right time, ”said Jack du Rose, Colony founder.

Colony has more than 20 software features including token generation, a complex reputation system, a groundbreaking “lazy consens” governance system and coin equipment, the fastest, easiest and easiest way to sell tokens through The DAO. Colony’s reputation system now also works with Snapshot and the powerful Gnosis Safe-Track integration, which allows both a safe to control a colony and a colony to control a safe, is currently under development.

“The blockchain space has grown rapidly over the past year. Due to their success, many crypto projects, especially DeFi players, are realizing the limits of their existing DAO infrastructure and calling for more powerful and efficient governance tools. Jack du Rose says we offer this solution.

Colony goes into operation on November 22nd, 2021.

Leon Phang, CMO at Colony