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Kevin Owocki | Layer Zero

Bankless

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Navigating the Moloch Paradigm

This chapter explores the metaphor of 'Moloch' to illustrate the challenges of coordinating collective actions when individuals prioritize personal gain. It emphasizes the potential of regenerative finance and community-driven initiatives within the Ethereum ecosystem to align individual interests with those of the collective. The discussion also reflects on the rapid advancements in technology and the importance of sustainable funding mechanisms in supporting public goods.

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