It's thrilling to see how companies and organizations are staring to really innovate how they are structured and reward their members. People coming together towards a common goal is as old as humanity itself. Organizations bring out the best and worst of humanity, they drive world changing innovation and help us all survive by providing us rewards for our efforts.
We all have a chance to make the world a better place by creating organizations that bring out the best in each other.
The explosion of communication technology such as the mobile phone and the internet along with innovations in finance such as blockchain technology are allowing for people to think very differently about how to start an organization or run a company. This type of innovation has to chance to really impact peoples lives in profound way. Think about all the negative aspect of corporate life and flip that on it's head.
Open Organizations are loose term around the concept of the organization begin totally transparent and providing fair rewards for contributions. This means when you put hard work, all members can recognize it and you get a fair reward. A bit like Steemit.
Check out Colony. A platform to help people start and manage Open Organization backed by a token. In this case Ethereum but it could easily be Smart Media Tokens!
If you’re a member of a colony which makes money, you can claim a
share of the money it makes proportional to the tokens and reputation
you hold.Through the magic of smart contracts, everything happens
automatically. Huzzah! No need to chase accounts for payment!
I will be closely following this space. Let me know what you think in the comments.
I'm an Australian entrepreneur currently in South Korea. I frequently travel between Australia, Bali, South East Asia and South Korea. I focus mainly on software based businesses and am excited by how social and business model innovation, blockchain tech and artificial intelligence are changing the world.
You can keep updated with what i am working on by following me on Steemit @codewithcheese