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The following essay is a homage to collecting enabled by web3. It is a living document, minted as a collectible Writing NFT. By collecting it, you encourage me to keep refining and elaborating these views, which will be updated here.
There are two types of DAOs that seem to be gaining traction: financial flash mobs and hyperstructures. Each taps into a unique quality of DAOs that isn’t feasible via traditional corporate structures. They represent different extremes of on-chain coordination: fast and hot, or slow and long. In both cases, they ultimately represent ways that memes can be merged with blockchains to create emergent structures of coordination. When combined, they could point towards how we bootstrap the public goods infrastructure of an abundant future.