The Starfish Moment: Decentralized Organizations and the Reinvention of Philanthropy
summary
A philanthropic DAO that started with six nonprofits now has 19 voting members, over 400 applications and a $860,000 grant pool this quarter, using quadratic voting/funding and a two‑week Discord debate to allocate roughly $10,000 minimum grants; donors who contribute 1 ETH to vote gain on‑chain rights, committees have term limits and reentry requires burn your token, treasury sits in a multisig/Gnosis setup, overhead targets 5% versus typical foundations’ ~40% effective loss, and the DAO’s lightpaper drew ~5,000 reviewers.
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