Blockchain-Powered Co-Working Space Plans to Become DAO

Courtesy of Coinspace.io

Courtesy of Coinspace.io

A co-working space in Brooklyn, New York, called Coinspace, shares ownership via cryptocurrnecy or “colored coins”, and plans to become a Distributed Collaborative Organization.

According to co-founder Solomon Lederer, Coinspace is practicing radical transparency, with “public financials and fair and open decision making”. The working space’s expenditures are publicized on a Google docs spreadsheet.

Coinspace is also using different types of blockchain technology for administrative purposes, including the use of BoardRoom’s Ethereum-based governance app to manage membership, responsibilities and voting of the collective.

They are utilizing Citizen Code’s Swarmbot to transfer the space’s proprietary tokens over the Bitcoin blockchain.

Located at Industry City, Brooklyn, New York, Coinspace was founded in 2014 by Blario Flores and Solomon Lederer to establish a collaborative co-workspace focused entirely on bitcoin startups and operating only in cryptocurrency.

Coinspace lists its current members as Coincube, Freemit and Coin Press.

coinspacetomembers

Leave a Reply