### Moloch
Here are some easy to digest explainers of the Moloch DAO structure if you're not familiar
https://concourseopen.com/blog/moloch-dao-explained/
https://medium.com/odyssy/mo
loch-primer-for-humans-9e6a4f258f78
tldr:
1. Interested parties contribute towards a fund and receive shares in the fund
2. Members can propose projects (their own or others) to be
rewarded with shares in the fund
3. Members vote whether to accept projects
4. Members can cash in their shares anytime
### A Lot to Like
I like it for a number of reasons
1.
Voluntary
2. Get your funds back if you don't like the direction the fund is going
3. Participate in the proposal/voting at much or as little as you like
4. Low voter participation
doesn't grind the whole thing to a halt
5. The funding can exist alongside other funding streams.
6. It's not permanent, nor does it need to be temporary
7. Fund can grow or shrink
8. Wide range of proposals can be considered.
9. Oversight of proposals and delivery
10. Wide range of people can participate
11. Proposals can be funded quite rapidly
It's a smart
contract that runs on ETH. We don't have the ability to run it on Bitcoin (not yet anyway) but I think the real innovation of Moloch is the structure and rules rather than the
autonomous nature of it.
The following options are available to us
1. Keep the treasury in BCH, have a secretary apply the rules of Moloch manually and create treasury transactions,
but use multisig of x of y multiple trusted individuals to sign treasury transactions.
2. Run it on Ethereum with wETH treasury - (
https://daohaus.club/)
3. Run it on Ethereum, use
wrapped BCH (I'm unsure of the feasibility of this)
My preferred option is 1 - I'll also volunteer to be the secretary with a view to funding that role and outsourcing over time.
I
wanted to float this idea both to see if there are others that would join, or if anyone can suggest improvements.
