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Conflux Network and The Commons Stack Partner to Accelerate Growth for Decentralized Communities

Conflux Network
Conflux Network

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Conflux Network is happy to announce a partnership with The Commons Stack, an organization focused on building open source tools to sustainably grow applications and communities. By partnering with Common Stack, Conflux will have access to a variety of tools for modeling and governance that can then be deployed on Conflux to benefit its extensive community.

With the recent introduction of the Conflux DAO, Conflux users are now able to make transparent, community-based decisions via the blockchain. This can now also be done so using Commons Stack’s library of open-source, interoperable Web3 components, which enables users to raise and allocate shared funds, and make decisions on where these shared funds will go. Alongside the technical integration, Conflux will support burgeoning Commons Stack communities in China and continue to collaborate and build on the Commons Stack library of open source components.

“Commons Stack provides a variety of modeling and governance tools which form a concrete e foundation for sustainable decentralized communities,” said Eden Dhaliwal, Conflux Network’s Global Managing Director. “Our partnership will provide our community with the necessary tools needed to govern new applications, enhance pre-existing governance tools, and grow a more sustainable decentralized ecosystem.”

Commons Stack, alongside the greater Token Engineering Community, has years of experience in multi-agent coordination and complex systems thinking. Together with its ecosystem partners, Commons Stack has created a modular library of tested, token-engineered, components that can be modeled, customized, and implemented to solve common challenges of distributed coordination

“Our partnership with Conflux, an innovator in the Web3 space, will not only introduce the Commons Stack design pattern to new blockchains but also provide global exposure to our mission,” said Jessica Zartler, Token Engineering Researcher with The Commons Stack. “Together, Commons Stacks and Conflux will accelerate the development of token engineering and expand the growing database of research and templates for building ethically engineered microeconomies.”

About The Commons Stack

The Commons Stack aims to accelerate the development of this new engineering discipline by inviting the token engineering community to come together as a DAO and use our Augmented Bonding Curve to launch the Token Engineering Commons. This will be an ‘ecosystem-funding DAO’ focused on furthering token engineering R&D.

About Conflux Network

The only state endorsed public, permissionless blockchain project in China, Conflux Network is an open-source, layer-1 blockchain protocol delivering heightened scalability, security, and extensibility for the next generation of open commerce, decentralized applications, financial services, and Web 3.0. Conflux Network is overseen by a global team of world-class engineers and innovative computer scientists, led by Turing Award recipient Dr. Andrew Yao. Fostering entrepreneurship and innovation, Conflux elevates startups and organizations across industries and continents to generate decentralized marketplaces and digital assets for meaningful business and social impact. Founded in 2018, Conflux has raised $35 million in capital from prominent investors including Sequoia China, Metastable, Baidu Ventures, F2Pool, Huobi, IMO Ventures, and the Shanghai Municipal Science and Technology Commission.

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Conflux Network
Conflux Network

Written by Conflux Network

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Conflux is a PoW + PoS hybrid first layer consensus blockchain for dApps that require speed at scale, without sacrificing decentralization.