As reality and the digital world become more intertwined and immersive, we stand at the brink of a new era for the internet. The advancement of AI, programmable blockchains, composable smart contracts, and digital assets is leading to a significant paradigm shift in the way we use the web. By implementing specific mechanism designs and highly dynamic public markets, the actions of various actors can be reconciled, thereby enabling decentralized systems to achieve unprecedented levels of coordination and operational functionality. This development creates opportunities for new models of governance and organizations, community-owned networks and services, thriving economies, and a multitude of other innovations.