Colony makes it easy for people all over the world to build companies together online. Colony has designed a decentralized autonomous organization, that replicates a company, except instead of being managed by fallible individuals, Colony harnesses the wisdom of the crowd using AI to make sure that the right things get done by the right people, at the right time. People can convene and collaborate on large scale projects, even startups, and have a way to manage and measure productivity, as well as provide the means for people to get paid. Colony allows creators to stock value in their own cryptocurrency called “nectar”. Colony solves many of the organizational issues of talent and capital localization, as well as compensation for open source projects.