Colony Introduces Crypto to Fiat Payments Feature
Colony Introduces Crypto to Fiat Payments Feature
💸 Crypto payday surprise
Colony has launched a new Crypto to Fiat Payments feature, enabling seamless conversion of USDC to USD or EUR. This innovation simplifies payroll management for businesses, allowing them to pay contributors in both crypto and fiat currencies.
Key capabilities:
- Organizations can pay directly in USD or EUR from their USDC balance
- Individuals can convert USDC to fiat and transfer to their bank account
This feature aims to streamline payment processes for Colony users across 145+ countries. It represents a significant step in bridging the gap between crypto and traditional finance, potentially making crypto-based payroll more accessible and practical for businesses.
For more details, users are encouraged to read the full blog post on Colony's website.
Colony is Going Multi-Chain
Colony is conducting a survey to determine which blockchains to integrate into their ecosystem. They are seeking input from users on whether they prefer Ethereum Mainnet, Polygon, Arbitrum, or Optimism.
Participate in a survey on Investment DAOs
The community initiative with Rooftop and Constellation DAO is conducting research on Investment DAOs. They are requesting feedback through a brief survey to gather valuable insights. Please participate and share with others involved in Investment DAOs as well.
Colony's Co-Founder Jack du Rose to Speak at DAOcember Event
Colony's co-founder, Jack du Rose, will be speaking at the DAOcember event during the 'DAO Tooling & Building Blocks' panel. The event is part of a two-week series focused on educating and empowering individuals to understand, design, build, and grow DAOs. The event started on December 1st and will run until December 15th.
DAO Spotlight: Krause House
This week's featured DAO on DAO Spotlight is Krause House, a community of basketball fans aiming to purchase and operate an NBA team as a DAO. Krause House has become the first DAO to buy a professional basketball team, the Ball Hogs. Join the live event on Thursday, December 7th to learn more about Krause House or watch the recording later.