This document outlines a proposal for a Common Microcredential Framework (CMF) to standardize credentials awarded for MOOCs and online short programs. It notes there is currently major variation in microcredentials like micromasters, nanodegrees, and mastertracks, leading to confusion for learners, universities, and employers. The CMF aims to lay foundations for a new standardized qualification by defining microcredentials as having 100-150 hours of workload, being leveled at bachelor's or master's, and including assessment and transcripts. The next steps include launching several "Gradeo" microcredentials on the FUN, Miriadax, and EduOpen platforms focused on topics like computer networks and digital manufacturing.