We are thrilled to launch the Common Foundation, a non-profit dedicated to decentralizing, growing and supporting the Common Protocol Ecosystem.
We believe decentralized, transparent, onchain communities will help society solve new challenges in a fast-changing world. Utilizing “Programmable Communities”, the Common Foundation aims to empower a global community of builders to create secure, scalable solutions that foster an open future.
About the Common Foundation
Already Continuing to drive the next stage of Web3 innovation, the Common Foundation serves as a catalyst for projects and developers building onchain with the Common Protocol.
What is the Common Protocol
The Common Protocol is a primitive that simplifies coordination to let developers create “Programmable Communities” utilizing native tokens.
The backbone of the Common Protocol are “Loops”, adaptable building blocks that trigger incentives when certain actions are completed. Developers can use Loops to reward users for activities within communities like participation, governance, and content creation.
Loops create a unified framework for activities onchain and off. They enable developers to create and scale with tangible, thoughtful engagement, governance, and economic interaction.
Moreover, Loops are open to build on. Our architecture provides access to an established network of users, assets, and communities, fostering collaborative innovation without relying on countless disconnected tools.
Programmable Communities Show the Path Forward
We’ve already launched Loops that empower Common’s Communities. Programmed actions like powered upvoting, token-weighted contests on Common and Farcaster, minting admin credentials, and incentivizing engagement within communities. But we’re only scratching the surface.
Here are some ideas ready to be built on the Common Protocol through Loops.
- Permissionless Contests within your UI
- Token-weighted voting contests to drive engagement.
- Reward Thoughtful Governance
- Unlock underutilized governance assets by creating loops for delegation.
- Launch funding for goal-oriented platforms
- Launch native tokens to fund publicly-run organizations
- Subculture-specific social network
- Create micro-socials that rank user generated content based on onchain activities
Why Common Protocol is Crucial
Common Protocol is poised perfectly to empower individuals anywhere in a world that is increasingly dominated by centralized platforms. By grasping onto the nascent stages of certain tech, we can ensure that individuals retain control of their data and humanity. Here are some thoughts on fast-evolving industries that Common Protocol can help transform for the better.
Crypto-Social
The Common Protocol is essential in an environment where data ownership is slipping away. Current social media platforms prioritize monetization over user empowerment, severely obscuring transparency and liability, while restricting user agency.
The Common Protocol challenges these activities with an open model. We promote user empowerment through data ownership, customizable experiences, innovative reward mechanisms, and community-focused development. Our number one goal is to foster genuine interactions in communities that reward collective growth.
Artificial Intelligence
As AI continues to reshape the world, the need for robust onchain infrastructure becomes essential. The Common Protocol is positioned to facilitate this transition. We provide a foundation for developers to integrate AI with decentralized communities.
Bridging the gap between community and AI advancement will allow for the creating of tools and groups that leverage the strength of both, and drive progress rapidly.
How Common Foundation Helps Write the Next Chapter
Beyond these two examples, and with countless opportunities ahead, here are some of the ways we are actively shaping the future.
Connecting People to Build
We’re fostering collaboration within a vibrant community of creators, developers, and visionaries, uniting passionate people around the world
Providing the Tools to Build
The Common Foundation equips developers with the Common Protocol and its endless capabilities, streamlining development processes so they can focus on building.
Engaging Users with Tangible Incentives
We allow developers to engage users by rewarding active participation, ensuring everyone has a stake in projects success
Enabling Human Success, Growth, and Contribution
Our aim is to create an inclusive environment for every member to thrive, offering educational resources, mentorship, and support to foster meaningful contributions to Web3
How to Get Started
We’d like to invite you to explore the possibilities that the Common Foundation makes real.
Together, we can empower developers, foster innovation, and create a more decentralized world.
Want to Get More Involved?
- Apply for Grants
- List of Grants / Example Projects
- Join the Common Platform
- See what we’ve already built, and participate in our amazing communities
- Join our Discord and Get Involved
- Connect with more dedicated Common users, and share your favorite memes
- Work with Us!
- We’re always looking for people to help drive the Common Foundation mission
- Participate in onchain governance
- Coming soon
For more information, visit us at common.foundation and follow our journey on the Common Foundation blog and social media.
