The prevailing economic system often undervalues endeavors like open research, leading to insufficient incentives for these types of public goods. Current funding streams rely on states and educational institutions to sacrifice funding for open research or corporations come in with perverse incentives to keep the research focused on their area and often promising open research is halted to be done in a closed manner for their sole benefit. This is inefficient and is slowing the advancement of science unnecessarily. 

Commons Stack aims to tackle these challenges by placing a strong emphasis on radically open token engineering research in the development of effective tools and frameworks for decentralized governance and resource allocation. By leveraging technologies like blockchain and token engineering, Commons Stack promotes new governance models that can incentivize funding open research through innovative solutions such as the Augmented Bonding Curve for continuous funding of public goods and the Conviction Voting mechanism for community-driven resource allocation.

Our patterns were used to launch the Token Engineering Commons (TEC) and since its launch in mid-2021, 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. This is unheard of for a small market cap DAO which focuses on giving out grants to advance open token engineering research and education.

We are actively finding partners to improve this model.