MolochDAO
Loading...Cohering a group of peoplearound a treasury
Funding sources and engaged community
Minimizing governance
INVENTED BY AMEEN SOLEMANI
The original MolochDAO was a decentralized autonomous organization (DAO) focused on funding and advancing Ethereum infrastructure and public goods. It operates with a minimal governance model to reduce complexity and streamline decision-making. Members contribute funds, which are then allocated to projects through a collective voting process. MolochDAO aimed to overcome the “tragedy of the commons” by incentivizing collaborative funding efforts within the Ethereum community.
MolochDAO forks are ideal for groups focused on funding and developing public goods, particularly within the Ethereum ecosystem. They are well-suited for communities and organizations seeking a streamlined, low-governance model to collaboratively allocate resources to public goods and infrastructure projects. Members who value the ability to easily exit the organization and withdraw their contributions if they disagree with its direction will find the ragequit feature particularly beneficial.
The original DAO designed to fund Ethereum infrastructure projects and public goods, known for its minimal governance and ragequit feature.
A MolochDAO-inspired organization that funds blockchain startups, providing a venture capital-like structure within a decentralized framework.
A MolochDAO fork focused on funding and supporting decentralized applications (dApps) and early-stage Ethereum projects.
Ragequit is a mechanism in certain DAOs, notably MolochDAO, that allows members to exit the organization and withdraw their share of the treasury at any time. This feature is designed to provide security and flexibility, enabling members to leave if they disagree with the direction of the DAO or its decisions. By offering a way out, ragequit helps mitigate risks and conflicts, ensuring that members can always reclaim their proportional share of the collective funds.
1-Launch Date: February 2019
2-Focus: Funding Ethereum 2.0 development
3-Key Features: Simple structure, ragequit mechanism, single token standard
1-Launch Date: March 2020
2-Focus: Enhancing flexibility and inclusivity
3-Key Features: Guild bank, multiple token support, granular permissions, improved voting and proposal mechanisms, shares and loot.
1-Launch Date: August 2021
2-Focus: Advanced governance and modularity
3-Key Features: Plugin architecture, advanced treasury management, DAO-to-DAO interactions, customizable governance modules, enhanced security features.