Colony Network Token

🙌Colony: The best way to build your DAO.🙌 Colony makes it easy for people all over the world to build organisations together, online. 🏗 The complete DAO toolkit. Simple enough for beginners, powerful enough for pros. Whatever your size, Colony’s tools will have you covered. ⚡️Quick: Go from zero to DAO in 90 seconds. No framework gets you up and running faster. 😌 Easy: Creating a Colony DAO is a simple step-by-step process. No special technical know-how required. 🎉 Free: Colonies are free to create, require no monthly subscription, and we even cover your gas costs. 🧑‍💻 Features 🧑‍💻 Colony is the most powerful, practical, and easy to use DAO framework. 🪙 Tokens: Easily issue your own ERC20 token for free with zero code, or plug your existing token in to give it governance superpowers in seconds. 🌟 Reputation: Empower your community with voting weight earned proportional to the value they contribute to your DAO. 🗳 Governance: Colony’s pioneering “lazy consensus” lets you focus on getting stuff done, instead of endless unnecessary voting. 🎰 Token sales: Coin Machine is the fastest, easiest, simplest way to sell your token. And did we mention it’s 100% free? 😵 And so much more! 💰Purpose of Funding 💰 To capitalize the DAO of DAOs. Colony is a DAO which exists to make it easy for others to build DAOs. Our technology is designed to be a self-sustaining public utility: a permissionless digital commons available to all without possibility of censorship. We think of it as infrastructure for the future of the firm. Infrastructure requires upkeep; ongoing development, maintenance, and support will be needed to ship Colony’s ambitious roadmap and grow a thriving ecosystem. The Metacolony is the DAO responsible for that important work, and the funds raised by this TLA will help it realize that mission and seed DEX liquidity. 🪙The Token🪙 CLNY is the native token of the Metacolony. CLNY is required for: 🧑‍⚖️ Governance Staking Disputes in the Metacolony require CLNY to be ‘staked’ as surety. Winning a dispute earns stakers a share of the loser’s CLNY. 💸 Revenue Sharing Accounts with both CLNY & Reputation in the Metacolony may be eligible to claim a share of Metacolony revenue. ⛏Reputation Mining Reputation updates are calculated off-chain by miners who stake CLNY to compete to perform them to earn CLNY and Reputation. 📈Fee Auctions Fees denominated in tokens other than USDT, USDC, XDAI and WETH are auctioned for CLNY, which is burned. 🤑How Colony Makes Money🤑 Colony generates revenue from network fees. 1️⃣ The Colony Network levies a small fee on Payments leaving a colony to an external address. 2️⃣ Fees paid in whitelisted tokens like USDC, USDT, WETH or xDAI go to the Metacolony to incentivise contributors. 3️⃣ Fees paid in other ERC20 tokens go to auctions where token buyers can purchase ERC20 tokens using CLNY, which is burned. E.g. If there are: a) 100k DAOs on Colony (for comparison there are 6.7 million Discord Servers) and, b) Each DAO spends on average $100k per year ($8.3k per month) and, c) The Colony Network Fee is 1% Then the Colony Network's Annual Revenue would be $100,000,000.00! 📊 Token Supply 📊 Learn more here: https://blog.colony.io/clny-supply/ 👏Proudly supported by… 👏 Greenfield One Eden Block The LAO The Ready Bixin Ventures Signum Capital Continue Capital LD Capital Anmi Capital Bitscale Ventures Block Rock …and hundreds of amazing OGs from the early Ethereum community whose identities our allocation agreements do not permit us to divulge. 🙋‍♀️Further info:🙋 Website: https://colony.io Whitepaper (solidity implementation complete 😎): https://colony.io/whitepaper.pdf Product Roadmap: https://portal.productboard.com/colony/1-colony-portal/tabs/2-planned Blog: https://blog.colony.io FAQs: https://blog.colony.io/token-sale-faq/ Token Supply: https://blog.colony.io/clny-supply/ Discord: https://discord.gg/feVZWwysqMy Twitter: https://twitter.com/joincolony

Sale type
Liquidity Bootstrapping Pool
Fjord
Launch partner
Fjord
LP LockNone
Raise typePublic
CLNY
Ethereum
Colony Network Token
🙌Colony: The best way to build your DAO.🙌 Colony makes it easy for people all over the world to build organisations together, online. 🏗 The complete DAO toolkit. Simple enough for beginners, powerful enough for pros. Whatever your size, Colony’s tools will have you covered. ⚡️Quick: Go from zero to DAO in 90 seconds. No framework gets you up and running faster. 😌 Easy: Creating a Colony DAO is a simple step-by-step process. No special technical know-how required. 🎉 Free: Colonies are free to create, require no monthly subscription, and we even cover your gas costs. 🧑‍💻 Features 🧑‍💻 Colony is the most powerful, practical, and easy to use DAO framework. 🪙 Tokens: Easily issue your own ERC20 token for free with zero code, or plug your existing token in to give it governance superpowers in seconds. 🌟 Reputation: Empower your community with voting weight earned proportional to the value they contribute to your DAO. 🗳 Governance: Colony’s pioneering “lazy consensus” lets you focus on getting stuff done, instead of endless unnecessary voting. 🎰 Token sales: Coin Machine is the fastest, easiest, simplest way to sell your token. And did we mention it’s 100% free? 😵 And so much more! 💰Purpose of Funding 💰 To capitalize the DAO of DAOs. Colony is a DAO which exists to make it easy for others to build DAOs. Our technology is designed to be a self-sustaining public utility: a permissionless digital commons available to all without possibility of censorship. We think of it as infrastructure for the future of the firm. Infrastructure requires upkeep; ongoing development, maintenance, and support will be needed to ship Colony’s ambitious roadmap and grow a thriving ecosystem. The Metacolony is the DAO responsible for that important work, and the funds raised by this TLA will help it realize that mission and seed DEX liquidity. 🪙The Token🪙 CLNY is the native token of the Metacolony. CLNY is required for: 🧑‍⚖️ Governance Staking Disputes in the Metacolony require CLNY to be ‘staked’ as surety. Winning a dispute earns stakers a share of the loser’s CLNY. 💸 Revenue Sharing Accounts with both CLNY & Reputation in the Metacolony may be eligible to claim a share of Metacolony revenue. ⛏Reputation Mining Reputation updates are calculated off-chain by miners who stake CLNY to compete to perform them to earn CLNY and Reputation. 📈Fee Auctions Fees denominated in tokens other than USDT, USDC, XDAI and WETH are auctioned for CLNY, which is burned. 🤑How Colony Makes Money🤑 Colony generates revenue from network fees. 1️⃣ The Colony Network levies a small fee on Payments leaving a colony to an external address. 2️⃣ Fees paid in whitelisted tokens like USDC, USDT, WETH or xDAI go to the Metacolony to incentivise contributors. 3️⃣ Fees paid in other ERC20 tokens go to auctions where token buyers can purchase ERC20 tokens using CLNY, which is burned. E.g. If there are: a) 100k DAOs on Colony (for comparison there are 6.7 million Discord Servers) and, b) Each DAO spends on average $100k per year ($8.3k per month) and, c) The Colony Network Fee is 1% Then the Colony Network's Annual Revenue would be $100,000,000.00! 📊 Token Supply 📊 Learn more here: https://blog.colony.io/clny-supply/ 👏Proudly supported by… 👏 Greenfield One Eden Block The LAO The Ready Bixin Ventures Signum Capital Continue Capital LD Capital Anmi Capital Bitscale Ventures Block Rock …and hundreds of amazing OGs from the early Ethereum community whose identities our allocation agreements do not permit us to divulge. 🙋‍♀️Further info:🙋 Website: https://colony.io Whitepaper (solidity implementation complete 😎): https://colony.io/whitepaper.pdf Product Roadmap: https://portal.productboard.com/colony/1-colony-portal/tabs/2-planned Blog: https://blog.colony.io FAQs: https://blog.colony.io/token-sale-faq/ Token Supply: https://blog.colony.io/clny-supply/ Discord: https://discord.gg/feVZWwysqMy Twitter: https://twitter.com/joincolony
LP Lock
None
Raise Type
Public
Completed
Current Price
0.668
Tokens Sold
41.2%
Market Cap
3.829M
FDV
76.58M
Funds Raised
2.829M
Jan 28, 12:00:00
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About Project
🙌Colony: The best way to build your DAO.🙌
Colony makes it easy for people all over the world to build organisations together, online.
🏗 The complete DAO toolkit.
Simple enough for beginners, powerful enough for pros. Whatever your size, Colony’s tools will have you covered.
⚡️Quick: Go from zero to DAO in 90 seconds. No framework gets you up and running faster. 😌 Easy: Creating a Colony DAO is a simple step-by-step process. No special technical know-how required. 🎉 Free: Colonies are free to create, require no monthly subscription, and we even cover your gas costs.
🧑‍💻 Features 🧑‍💻
Colony is the most powerful, practical, and easy to use DAO framework.
🪙 Tokens: Easily issue your own ERC20 token for free with zero code, or plug your existing token in to give it governance superpowers in seconds. 🌟 Reputation: Empower your community with voting weight earned proportional to the value they contribute to your DAO. 🗳 Governance: Colony’s pioneering “lazy consensus” lets you focus on getting stuff done, instead of endless unnecessary voting. 🎰 Token sales: Coin Machine is the fastest, easiest, simplest way to sell your token. And did we mention it’s 100% free? 😵 And so much more!
💰Purpose of Funding 💰
To capitalize the DAO of DAOs.
Colony is a DAO which exists to make it easy for others to build DAOs.
Our technology is designed to be a self-sustaining public utility: a permissionless digital commons available to all without possibility of censorship.
We think of it as infrastructure for the future of the firm.
Infrastructure requires upkeep; ongoing development, maintenance, and support will be needed to ship Colony’s ambitious roadmap and grow a thriving ecosystem. The Metacolony is the DAO responsible for that important work, and the funds raised by this TLA will help it realize that mission and seed DEX liquidity.
🪙The Token🪙
CLNY is the native token of the Metacolony.
CLNY is required for:
🧑‍⚖️ Governance Staking Disputes in the Metacolony require CLNY to be ‘staked’ as surety. Winning a dispute earns stakers a share of the loser’s CLNY.
💸 Revenue Sharing Accounts with both CLNY & Reputation in the Metacolony may be eligible to claim a share of Metacolony revenue.
⛏Reputation Mining Reputation updates are calculated off-chain by miners who stake CLNY to compete to perform them to earn CLNY and Reputation.
📈Fee Auctions Fees denominated in tokens other than USDT, USDC, XDAI and WETH are auctioned for CLNY, which is burned.
🤑How Colony Makes Money🤑
Colony generates revenue from network fees.
1️⃣ The Colony Network levies a small fee on Payments leaving a colony to an external address. 2️⃣ Fees paid in whitelisted tokens like USDC, USDT, WETH or xDAI go to the Metacolony to incentivise contributors. 3️⃣ Fees paid in other ERC20 tokens go to auctions where token buyers can purchase ERC20 tokens using CLNY, which is burned.
E.g. If there are:
a) 100k DAOs on Colony (for comparison there are 6.7 million Discord Servers) and, b) Each DAO spends on average $100k per year ($8.3k per month) and, c) The Colony Network Fee is 1%
Then the Colony Network's Annual Revenue would be $100,000,000.00!
📊 Token Supply 📊
Learn more here: https://blog.colony.io/clny-supply/
👏Proudly supported by… 👏
Greenfield One Eden Block The LAO The Ready Bixin Ventures Signum Capital Continue Capital LD Capital Anmi Capital Bitscale Ventures Block Rock
…and hundreds of amazing OGs from the early Ethereum community whose identities our allocation agreements do not permit us to divulge.
🙋‍♀️Further info:🙋
Website: https://colony.io Whitepaper (solidity implementation complete 😎): https://colony.io/whitepaper.pdf Product Roadmap: https://portal.productboard.com/colony/1-colony-portal/tabs/2-planned Blog: https://blog.colony.io FAQs: https://blog.colony.io/token-sale-faq/ Token Supply: https://blog.colony.io/clny-supply/
Discord: https://discord.gg/feVZWwysqMy Twitter: https://twitter.com/joincolony
Sale Details
Price Discovery
Start Price Per Token
0.0₄19 USDCUSDC
Start Weights:
95.0%CLNY
5.0%USDC
End Weights:
50.0%CLNY
50.0%USDC
Max Raise(Hard Cap)
0 USDCUSDC
Sale Network:
Ethereum
Raise Type
public
Token Type
ERC-20
Learn more about sale types and financial data in our Fjord Docs
Public Sale Duration
The Public Sale may start earlier if the previous stages finish ahead of schedule. However, it will always end at the set final date and time.
Expected Start Date:
Jan 25, 2022, 12:00 PM UTC
Duration
3 days
End Date
Jan 28, 2022, 12:00 PM UTC
Post Sale Details
Token Vesting
No Token Vesting
LP Lock
Locks the sale’s liquidity after the sale to guarantee ongoing trading and prevent sudden withdrawals.
No LP Lock
Token Redemption
Redemption Opens
Fri 28, 2022, 12:00 PM UTC
Previous Investment Rounds
Review key information from prior fundraising rounds, including funds raised, valuations, TGE percentages, and vesting periods, to gain a clear financial snapshot of the project's journey. Please verify all information independently and do your own research (DYOR).
No Previous Investment Round Details
FAQ
Connect your wallet, review the sale details, then choose the token and amount you want to contribute. If approval is required, approve the spending limit first, then confirm the purchase in your wallet.
Sale tokens are normally claimed after the sale closes. If the project configured a claim delay or token vesting, the sale page will show the timing and claim options.