In 2019, [Griff Green](https://twitter.com/thegrifft) co-founded Commons Stack to pioneer research and development of new token models and governance mechanisms and build repeatable economic solutions for funding public goods using web3 technologies. As one of the earliest DAO pioneers, his experience in web3 is an incredible boost to our project.

Our research collaborations with various organizations such as Aragon, Blockscience, 1Hive and Curve Labs have led to the development of our novel web3 tools that can support the public good startups and communities, including the Augmented Bonding Curve for continuous funding of public goods and the Conviction Voting mechanism for community-driven resource allocation.

By building cultural and technical frameworks, we can enable any community to deploy a Commons DAO, to collectively raise funds that will support their shared mission, build their own governance model and develop their commons culture.

Our design patterns were used to launch the TEC and since its launch, the TEC has quickly become a thriving community, working together to fund and create better opportunities for token engineering projects. The $TEC token price has performed about as well as Ethereum since its Hatch in 2021. This is unheard of for a small market cap DAO which focuses on giving out grants to advance open Token Engineering research and education. As a pilot it was a huge success, and we hope to double down on that success on Mantle.