What Coordinape does

Coordinape was a Web3-native platform that provided peer-to-peer compensation and recognition tooling for decentralized autonomous organizations (DAOs). Conceived inside Yearn Finance in 2020 and launched publicly in early 2021 during "DAO summer," the platform's signature mechanism was the GIVE token system: each circle member received a fixed allocation of GIVE tokens to distribute exclusively to peers—not themselves—shifting compensation decisions from managers, multisigs, and insider committees to direct contributors. Adoption spread rapidly from Yearn to Gitcoin, Bankless, Olympus, Index Coop, Synthetix, and several hundred other DAOs, reaching 50M+ GIVE tokens distributed and 500+ organizations running circles at peak.

The product evolved from a single allocation tool into a broader onchain reputation stack. Core components included the Coordinape App (circle-based allocation, now sunset), CoLinks (an onchain social graph linking contributors across DAOs, launched 2023), the Social Oracle (an onchain attestation system on Base recording 64,000+ peer recognitions), and the $CO token (launched on Base in 2024 to power Social Oracle access and governance). All artifacts ran on Ethereum and Base infrastructure. In 2024, the founding team transferred governance to CoDAO—a $CO-holder community—and stepped back fully; the Coordinape application was officially closed in 2025 with smart contracts wound down and CoDAO retained as steward of IP and attestations.

The business model was community-driven and fee-free during active operations; the platform operated as a freemium tool with no publicly disclosed pricing or revenue mechanics. Go-to-market was community-led and organic within the DAO ecosystem, propagating via word-of-mouth, Twitter/X, GitHub, and direct adoption by leading protocol DAOs. No institutional venture funding of meaningful size is documented in the source data, and revenue was not disclosed. Headcount is listed at 11-50 employees, though the company's operating status is recorded as closed following the 2025 sunset.

Name

Coordinape

Website

https://coordinape.com

Company type

Private

Founded year

2021

Operating status

Closed

Headcount range

11–50 employees

Short description

Coordinape was a Web3 platform that enabled peer-to-peer compensation and recognition for DAOs via the GIVE token mechanism on Ethereum and Base, serving 500+ decentralized organizations before sunsetting its app in 2025 and transitioning governance to CoDAO.

Ownership category

akta.pro rank

Product category

DAO Compensation and Peer Recognition Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Coordination & Contributor Management (tasks, bounties, roles) (FSAPAHAD)

akta.pro secondary industries

On-Chain Reputation, Identity & Attestation for Governance (DID, badges, sybil resistance) (FSAPAHAF), Grants, Funding & Budget Allocation Platforms (FSAPAHAE)

Keywords

• DAO compensation platform
• Peer recognition software
• Web3 reputation tools
• Contributor allocation platform
• Decentralized payroll tools

Headquarters

HQ city

Charlestown

HQ country

St. Kitts & Nevis

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations

Revenue model

1. Platform Services (Historical): Coordinape operated as a free tool for DAOs during its active period. The platform was community-driven and did not charge fees for using the GIVE circle mechanism. Revenue model details are not specified in the available source material.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Coordinape built a peer-to-peer compensation and recognition platform for DAOs and decentralized organizations. Each epoch, circle members received fixed GIVE tokens to distribute exclusively to their peers — not themselves — shifting compensation decisions from managers and committees to direct peer recognition. The platform evolved to include the Social Oracle for onchain attestations, CoLinks for an onchain social graph, and the $CO token for community governance via CoDAO. The app was sunset in 2025, with CoDAO continuing as steward of the IP.

Product overview

Coordinape was a unified peer-to-peer compensation platform for DAOs, centered on the GIVE token mechanism that allowed contributors to recognize each other's work rather than self-assess. The platform comprised the Coordinape App (now sunset), the Social Oracle for onchain attestations, CoLinks for the onchain social graph, and the $CO Token for governance and utility. The architecture evolved from a single circle-based payroll tool into a broader ecosystem for onchain reputation and community ownership, now governed by CoDAO.

Differentiator

Problem solved

Functional benefit

Products and services

• Coordinape App Peer-to-peer compensation and recognition web application for DAOs that enabled circle-based allocation of rewards using the GIVE token mechanism. Contributors received fixed GIVE tokens each epoch to distribute exclusively to teammates, shifting from self-assessment to peer recognition. Now sunset as of 2025.
• Social Oracle Onchain attestation system built on Base that enabled communities to vouch for contributors across the ecosystem. Recorded over 64,000 attestations as a permanent, immutable ledger of peer recognition.
• CoLinks Onchain social graph linking contributors across the DAO ecosystem, expanding from circle-based payroll into a broader reputation and network layer.
• $CO Token Native token launched on Base with day-one utility, powering access to the Social Oracle, participation in CoDAO governance, and representing a new model for community ownership of the Coordinape protocol.

Quantifiable outcome

• 50M+ GIVE tokens distributed across DAO ecosystem
• +2 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Yearn FinancefoundationalStrategic or Co-development Partner · 1 January 2020Yearn Finance is where Coordinape originated in 2020. Yearn contributors began sketching the peer-to-peer compensation model when the DeFi treasury was flush but no fair compensation mechanism existed. Yearn served as the genesis organization and conceptual birthplace for Coordinape's GIVE token mechanism.

Scale indicators3 records

Recent moves7 records

Expansion highlights3 records

Broad incumbents

• Snapshot: Snapshot is the leading off-chain DAO voting and governance platform. Comparable as a governance-coordination primitive used by the same DAO customer base that adopted Coordinape, though focused on token-holder voting rather than peer-to-peer compensation.
• Gitcoin Grants: Gitcoin Grants is the dominant platform for quadratic funding and grant allocation in the DAO ecosystem — and was simultaneously a Coordinape customer. Comparable on the grants/budget allocation use case that GIVE circles also served, with significantly broader scope.

Emerging players

• DAOhaus (HausDAO): DAOhaus provides no-code DAO formation and contributor management tooling, including compensation flows. Comparable as part of the broader DAO contributor-coordination stack where Coordinape's GIVE circles operated.
• Wonderverse (Wonder): Wonder is an onchain reputation and coordination protocol for open-source and DAO contributors. Directly comparable to Coordinape's CoLinks social-graph vision, with overlapping use cases in contributor reputation and credentialing.
• Superfluid: Superfluid enables real-time token streaming for contributor compensation. Comparable to Coordinape's GIVE mechanism as a complementary contributor-payment primitive — many DAOs used both for treasury distribution and ongoing payroll.
• Karma (KarmaHQ): Karma provides DAO contributor reputation, grant tracking, and accountability dashboards. Comparable to Coordinape on the contributor-recognition and grant-allocation dimensions, with a stronger current analytics and reporting focus.

Direct peers

• DeWork: DeWork is a DAO-native task, bounty, and contributor management platform. Closely comparable to Coordinape's GIVE circle mechanism and contributor coordination use case, with overlapping customer base across major DAOs and a similar web3-native GTM motion.
• SourceCred: SourceCred built an onchain reputation/attribution system for open-source and DAO contributors. Directly comparable to Coordinape's Social Oracle and CoLinks as it tackled the same 'who contributed what?' problem using peer-weighted algorithms and onchain attestations.
• Charmverse: Charmverse provides DAO contributor onboarding, task management, and bounty coordination tooling. Comparable to Coordinape on the contributor-coordination side, addressing the same pain point of compensating and recognizing decentralized contributors.
• Colony: Colony is a DAO-native platform for contributor reputation, task management, and decentralized compensation. Direct peer on the peer-to-peer compensation and contributor-coordination axis, predating Coordinape but with a smaller footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/coordinape
• GitHubgithub.com/coordinape

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coordinape