The new movement wants to free us from Big Tech and exploitative capitalism—using only the blockchain, game theory, and code. What could possibly go wrong?
IT’S GETTING LATE on a Saturday afternoon in Denver when I lean back and take in the full weirdness of what I’m doing. I’m seated at a long plastic folding table against the wall in a windowless room, a Discord server open on my laptop. Pizza crusts and empty potato chip bags are piled up around me, evidence of the feverish hours I’ve spent hacking together a project with a trio of blockchain developers. I’m not a programmer, just a journalist with a law degree. Yet somehow I’ve gotten swept up in creating my own DAO—a decentralized autonomous organization, a favorite concept among the starry-eyed proponents of Web3—and it’s supposed to launch tomorrow.