Metis Reveals KORIS, The First Operational System for DACs

Metis
3 min readJan 23, 2023

After a long-await for DACs on Metis, we are pleased to announce the reveal of KORIS, the realization of the Decentralized Autonomous Company (DAC). KORIS is the only end-to-end operational system for DACs, an evolution of the DAO tailored to meet the unique needs of businesses by using smart contracts for company operations, incubated by the MetisDAO Foundation.

As the decentralized workforce continues to mature, new models are shifting how decentralized companies operate and manage communities, such as the shift from the DAO to the Decentralized Autonomous Company (DAC). While the treasuries of the global decentralized industry surged to $16 billion, there has yet to be an efficient way for decentralized companies to manage the day-to-day operations of the workforce. The DAC evolves the shortcomings of a DAO to create a more useful infrastructure for decentralized entities, which Metis considers the shift to the company model. Incubated by MetisDAO Foundation, KORIS is the first and only platform created to meet the unique needs of decentralized companies that now represent a workforce of close to two million.

KORIS provides critical technology that opens the door for the future of business and organizations to innovate using the benefits of smart contracts,” said Pavel Sinelnikov, KORIS Co-Founder and CEO. “We are focused on capitalizing this platform to encourage and foster the onboarding of next-generation businesses to bring productive value to the entire ecosystem.”

Current DAO platforms have specialized tools focused on collective decision making and operation. KORIS provides the infrastructure for Decentralized Autonomous Companies (DACs) with a suite of tools focused on the efficiency of business operations such as task management, community management, and payment management to match the needs of customers looking to launch and grow web3 businesses.

With KORIS, web3 companies have access to the following features:

  • Treasury Management with Gnosis Safe infrastructure
  • BLS Wallet Integration for gasless transactions
  • Discord Integration to easily onboarded communities
  • Task Management to help create, modify, and assign tasks to different individuals
  • Payment Management to facilitate payments for the completion of tasks
  • Governance Tools to manage internal organizational decision making

With recent outcomes of traditional work models, there is definitely a growing demand for more decentralized organizations with increased management transparency and efficiency. These infrastructures and management models are reflected within a DAC, and KORIS works as a platform to help businesses excel in a web3 space,” says Chelsea Kubo, Co-Founder and COO of KORIS.

KORIS is being built for Web3 Founders and core members, contributors and job seekers, as well as Web2 companies looking to build Web3 communities and companies.

Join the KORIS Waitlist!

KORIS is in closed beta and will be growingly available to allow-listed DAOs, businesses, and communities to start using the application.

Join the waitlist at: koris.io

Learn more about KORIS!

KORIS is a platform that enables the creation of Decentralized Autonomous Companies (DACs). A DAC is infrastructure that assists in the management and operation of blockchain-based business.

While in closed beta, in the future, anyone can create a DAC on KORIS, whether the user is an established or emerging Web3 company or a person looking to start their community. KORIS aims to onboard the next generation of companies and workers to the decentralized economy. Even Web2 businesses will be able to launch DACs through the KORIS platform to organize their business goals and build a decentralized community. KORIS will further expand the decentralized workspace by creating a burgeoning economy of DACs that offers opportunities for anyone worldwide to work in remote and decentralized companies.

We’re pleased to welcome KORIS to the Metis ecosystem! 🌿

Website: koris.io

Twitter: @korisdac

Discord

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