Building off the history of, yes. The history of openness and transparency, not becoming an admin on DMOZ for the sake of a link from one of the strongest domains on the Internet.
but... but... your TL;DR said "Not based off DMOZ" when the actual text does, in fact, say "building off the history of organizations like DMOZ". So, at a minimum, your TL;DR misleads people who didn't read it.