a16z: Crypto Applications
Mutuals and Guilds
(Moloch, Gitcoin)
Attempts to incentivize collective
action. Gitcoin allows people to vote
with their funds for the direction of
protocol development.
Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide.
Moloch DAO explained: Using self-
interest to Ethereum's advantage
May 30, 2019
What is Moloch DAO?
What the heck is all this talk is about Moloch DAO? Well for starters, this is a moloch:
Moloch DAO
This Thorny Devil is the Moloch horridus
Okay, that's not the Moloch you seek. Jokes aside, Moloch DAO (DAO stands for "decentralized
autonomous organization") is a new Ethereum community funding initiative. It's part charity and
part playfully terrifying meme (Moloch is an ancient god of child sacrifice).
A contribution to Moloch DAO isn't an investment in the traditional sense. Instead of seeking a
direct financial benefit, members share in the collective benefit from improvements to public
goods funded by the DAO. Moloch will initially focus on funding Ethereum 2.0 development.
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