# Overview of Stakeholders in MakerDAO ## Diverse Stakeholders In the MakerDAO community, diverse stakeholders participate in collective governance by **introducing, deliberating, and voting on proposals**. Some notable stakeholders are: * Traditional VCs (e.g., a16z) * Crypto VCs * Whales (e.g., Rune Christensen, co-founder of MakerDAO) * Recognized (Constitutional) Delegates * Shadow Delegates * External Parties * Core Units ## Role-Playing Stakeholders The resources below to help you get a quick understanding of the various stakeholders that you will be role-playing. Once your group has been assigned a role, feel free to use additional resources (e.g., community forum posts, tweets, and blog posts) to further enhance your understanding of the assigned role.
Stakeholder GroupRepresentative Individuals and EntitiesQuick DescriptionUseful Links
Traditional VCsa16z cryptoa16z crypto is a venture capital fund that invests in crypto and web3 startups. It is part of a16z (Andreessen Horowitz), a private American venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz.
Crypto VCsParaFi Capital"ParaFi is a leading crypto-native investment and technology firm founded in 2018, focused on token, venture, and quantitative strategies." Wallet address: 0x4655b7ad0B5f5BaCB9cF960bbFFcEB3f0e51F363 (via Etherscan)
WhalesRune Christensen Co-founder of MakerDAO. Wallet address is 0xf65475e74C1Ed6d004d5240b06E3088724dFDA5d (via Etherscan)
Recognized (Constitutional) Delegates

Recognized Delegates

  1. "must meet requirements for consistent participation in votes, and communication with the community"
  2. "are compensated in DAI and are featured more prominently on voting frontends"
  3. "act as a bridge between vote outcomes and other actors by actively and transparently communicating with the MakerDAO community."

Shadow Delegates"Shadow Delegates are permissionless, with no requirements or responsibilities beyond those they have agreed on directly with holders who delegate to them."
{% hint style="info" %} Interested in other stakeholder roles (e.g., Core Units, external parties)? Happy to chat during breaks and after class. {% endhint %} [![Creative Commons Licence](https://i.creativecommons.org/l/by-nc/4.0/88x31.png)](http://creativecommons.org/licenses/by-nc/4.0/) © 2023 Xule Lin & Ying-Ying Hsieh. This work is licensed under a [Creative Commons Attribution-NonCommercial 4.0 International License](http://creativecommons.org/licenses/by-nc/4.0/). [^1]: [^2]: