# Introducing: COmend

By [COmend](https://paragraph.com/@comend) · 2022-02-24

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_COmend is a proposed DLT. Still in the idea phase, sections of the eventual white paper will be posted to Mirror as they become are ready for public review. Thank you for finding and reviewing this introduction. If you have any questions, comments, or suggestions, please reach out here or on Twitter @comend\_chain_

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**Introduction**

COmend is a Decentralized Value-Realizing ecosystem. Its purpose is to develop on and off-chain resources that provide accessible, perpetual wealth to community members and to the world.

COmend provides a host of DLT tools that facilitate and reward the creation of issue focused organizations, which in turn allocate resources towards actions that maximize common-benefit. By pooling resources, knowledge, labor, and Decentralized Finance, COmend transforms the idea of an attention economy into a capacity economy, where value is in turning ideas into actions that solve problems and address needs.

To achieve this:

·        Users _contribute_ towards the creation, improvement, and implementation of issue-focused organizations, all of which is transparently recorded on-chain to verify origination, guarantee equitable outcomes, and quantify impact. Contributions might take the form of knowledge, reputation, governance, assets, labor, validation, etc.

·        Through cryptographic _consensus_ mechanisms, users jointly appraise the usefulness of contributions, effectively working together to define the preferences, values, and economies for communities and the ecosystem as whole. Such decision making might take the form of externally curating organizations for appraisal within the whole ecosystem or voting on proposals within an organization.

·        For participating, users are _compensated_ in native cryptocurrencies that are themselves supported by robust value creation systems that tie real world assets and impact to DeFi. Compensation mechanisms most reward action that creates inclusive and sustainable returns, incentivizing user consensus to design markets that do good that will last as long as possible and for the greatest number of people. Compensation might take the form of NFTs that represent productive Capital, yield for staking on the ecosystem or on organizations, or organization specific tokens that represent equity for having helped manage and implement a solution.

·        By utizilizing previous achievements in on-chain authorship, DeFi, tokenomics, and decentralized organization COmend aims to help people to accessibly perform high level and impactful work, transform social and environmental capital into investments that can support them financially, manage and benefit from assets as stakeholders, and democratize how value is created.

In simpler terms, users are paid to collaboratively create resources that will improve the world.

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Thank you for taking a moment to read the introduction to COmend presented here. Future posts will elaborate on the problems addressed by a platform such as this as well as the functions, systems, and terms discussed here.

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*Originally published on [COmend](https://paragraph.com/@comend/introducing-comend)*