4min chapter

The Blockchain Socialist cover image

OTNS: DAOs and Decentralized Mafias

The Blockchain Socialist

CHAPTER

Molokdao: The Future of Coordination

Molokdao became a more, I guess, kind of the first standard for Dao's and how to manage treasuries together. It came out of a couple of years or a year after the Dao hack. The rage quit was a mechanism to allow people to permissionlessly exit the Dao with their, you know, proportional share of the existing funds.

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