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DAOs & Their Importance in Creating Stronger Crypto and Non-Crypto Communities

If chances are that mass adoption of cryptocurrency is on the horizon, then DAOs can be pointed to as the bridge between the gap. In previous articles, we discussed what DAOs are. DAO [https://blog.commonwealth.im/common-protocol-dao-governance/] is an acronym that stands for decentralized autonomous organization. To put it simply, decentralization refers to the absence of a central authority. On the other hand, autonomy refers to the capacity of the organization to make an informed, uncoerced d
Commonwealth Labs Team
Commonwealth Labs Team
4 min read
common, crust, partnership, AMA, recap

AMA Recap: Dillon Chen & Youan Zang (Crust Network)

Following the announcement of our exciting partnership with Crust Network, both communities tuned in for an exciting AMA session with Commonwealth Labs’ CEO Dillon Chen, and Crust Network’s Global Branding Head, Youan Zang.
Grace Guan
Grace Guan
5 min read
DAO, governance, blog, common, protocol

What a DAO Governance Platform Needs in 2021

DAOs have the potential to make meaningful contributions to society by aligning a community to strive towards a common goal. How well the community is aligned and organized is completely dependent on the capabilities of the DAO’s governance platform.
Commonwealth Labs Team
Commonwealth Labs Team
5 min read
crust, integration, announcement, partnership, news

Announcing Crust Network x Common Protocol

Today, we announced the Common Protocol integration with Crust Network [https://crust.network/] (see Twitter post [https://twitter.com/hicommonwealth/status/1400872024482848769]). Crust provides a decentralized storage network of Web3.0 ecosystem, supporting multiple storage layer protocols such as IPFS, and exposing storage interfaces to application layer. Crust’s technical stack is also capable of supporting a decentralized computing layer — it is designed to build a decentralized cloud ecosys
Grace Guan
Grace Guan
1 min read
common, DAO, governance, blog

Intro to Decentralized Autonomous Organizations (DAOs) & How to Leverage Common Protocol For DAO Governance

Introduction The adoption of blockchain technology globally has created a lot of important advancements in both the technology itself and the social structures that make up the ecosystem surrounding the technology. One of the popular blockchain ideas is the use of decentralized autonomous organizations. This article will discuss what decentralized autonomous organizations actually are, the upsides and downsides of them, how they are being used today, and some potential future use cases. Wh
Commonwealth Labs Team
Commonwealth Labs Team
5 min read
common, protocol, announcement, funding, news
Featured

Common Protocol Funding Announcement

Developers of Common Protocol raise $3.2MM led by Dragonfly and Parafi to build a community for token holders Common Protocol raises $3.2MM led by Dragonfly [https://www.dcp.capital/] and Parafi [https://www.parafi.capital/]. Participating investors and angels include Framework, Hashed, IDEO, Nascent, and Balaji Srinivasan. Commonwealth Labs incubated Common Protocol and will remain active members of the community. Common Protocol includes an integrated client which is a community hub for toke
Dillon Chen
Dillon Chen
3 min read