/TheLAO

👹 Moloch Ventures Forth as The LAO 👾

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The LAO

The Way produces one, one produces two.

The two produce the three and the three produce all things.

All things submit to yin and embrace yang.

They soften their energy to achieve harmony.

~ Lao Tzu, Dao De Jing

Design Principles

In designing a Minimum Viable Venture Moloch, we borrowed greatly from the original Moloch design that emphasizes simple Solidity scripts for voting and other member transactions, largely relying on off-chain coordination to scale membership and deliver funding to promising Ethereum ventures. In our case, we will further imbue LAO actions with legal effect through OpenLaw smart agreements and establish a proxy entity.

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