The Colony Protocol facilitates the decentralisation and self regulation of labour, decision making, and financial management.
"By carefully balancing the rewards and penalties we aim to keep every users’ incentives aligned with the colony. Since reputation can only be earned and not transferred between accounts, the system fosters a more meritocratic form of decision making than pure token-weighted voting can hope to achieve. The continuous decay of reputation ensures that the influence conveyed by reputation is recently earned and up-to-date. As such, it prevents a reputation aristocracy and allows for a fluid passing of control from one set of contributors to another over time"