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Governing Many Worlds

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94-896

Units: 6

Description

This seminar will explore the logic and practice of governance through the experience of governance across Web3, including blockchains, decentralized autonomous organizations (DAOs), NFTs, and other decentralized technologies. We will explore the subject through recent case studies, from decentralized exchanges in DeFi to NFT-based Web3 art collectives to community-driven DAO experiments such as ConstitutionDAO or AssangeDAO, highlighting both the successes and the many, many failures. Working in small groups, we will play with, analyze, and deploy our own Web3 DAOs and NFTs. Broadly, the objectives are (1) to understand the social, technical, and legal features of Web3 and (2) to explore code as a modality of regulation in relation to other modalities such as laws, markets, and norms. If successful, the seminar will force a reflection on the opportunities and obstacles to governance innovation in real space as well as in online spaces.