Yeah, just an anagram for Slock. Something related to Slock.it but not the same, as the community and DAO shareholders have the possibility to move the whole thing from Slock.it UG to other service providers in the future. Also, given the probable size of the DAO it will probably finance other projects as well, and these will maybe have their own names.
The Closk was just the first thing that came to my mind, there are maybe other better suggestions as well?
But, I still don't think it is very smart to set the name to "The DAO" or its variations, and it should not be named "Slock" or "Slock.it".
Given the probable size of the whole thing I will suggest another name with historical/cultural references as well:
(The) Juggernaut