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Aloprotocol: Community Resource Allocation
This chapter discusses the concept of Aloprotocol, a community resource allocation protocol that empowers local stakeholders to allocate funds based on their expertise. It highlights the challenges faced by decentralized autonomous organizations (DAOs) in capital allocation decisions and introduces the capital allocation mechanisms on the Allo protocol, including quadratic funding and dominant assurance contracts. The chapter also explores the future of finance and capital allocation in the context of crypto and the internet, emphasizing the flexibility and ease of creating and running contracts in Aloprotocol.