Colony

Colony is a decentralized finance protocol for teams, aiming to revolutionize the way organizations operate. Founded in 2014 and headquartered in Panama, the company's recent investment was secured through a Seed Round led by NxGen on 01 January 2022. Operating at the intersection of Blockchain, Crypto, Enterprise Software, SaaS, and Social Media industries, Colony's protocol is designed to facilitate self-organizing teams through the implementation of smart contracts on the Ethereum Blockchain. This enables trustless, open, meritocratic, and networked organizational structures, where members are rewarded according to their contributions. Colony serves as infrastructure for "open organizations," reshaping traditional methods of operation with its software-driven approach.