The original DAO garnered a lot of support because it heavily aligned with the early Ethereum ($ETH) community. However, this new wave of DAOs are taking a different approach. MolochDAO for example, looked to build a Minimum Viable DAO in order to purposefully limit the features and scope in order to focus on funding ETH 2.0 research. Not too long after, the simple code was forked to form MetaCartel to take a wider stance and fund application layer protocols. This was a vital development as it proved the model of DAO iteration, allowing new models to be quickly spun up, starting us down a path of rapid innovation in the distributed governance space.