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Category: DAO

June 13, 2019
What is a DAO?

What is a DAO?

DAO stands for Decentralized Autonomous Organization. If you break the phrase down into its parts, a DAO is an organization meaning that it is an entity that coordinates people and resources. A DAO typically serves a similar role to organizations you are familiar with like corporations, cooperatives, non-profits, etc. Although, DAOs have unique properties that …

May 30, 2019
Moloch DAO explained: Using self-interest to Ethereum’s advantage

Moloch DAO explained: Using self-interest to Ethereum’s advantage

What is Moloch DAO? What the heck is all this talk is about Moloch DAO? Well for starters, this is a moloch: 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 …

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