The Moloch DAO is a decentralized autonomous organization that provides funding for initiatives intended to strengthen and advance the Ethereum ecosystem. The group’s 70 members are in charge of $5 million in assets (at the time of writing). The members decide which initiatives get money; this decision is final.
Blockchain technology is viewed as a public utility by Moloch DAO. To put it another way, blockchain technology is something that everyone can use and should have access to, much like public transportation, clean air, and public television.