The New Original DAO...Run it back!

The New Original DAO...Run it back!

From The Bitcoin Podcast by Corey Petty, Demetrick Ferguson, Jessie Santiago

February 26, 2026 · 1h 17m · Season 2 · Episode 18

About this episode

The episode features Griff Green discussing the evolution and challenges of DAOs, drawing from his experiences in Ethereum's governance history.

In this episode we sit down with Griff Green, one of the earliest DAO builders and a core figure in Ethereum’s governance history — from the original DAO era through today’s next-generation coordination experiments.Griff was closely involved around the first DAO and helped lead white-hat recovery efforts during the 2016 DAO crisis. Since then, he has gone on to co-found and support multiple ecosystem projects focused on decentralized funding, public goods, and governance design, including Giveth, the Commons Stack, and several token engineering and coordination initiatives.This is not a surface-level DAO hype conversation. This is a rebuild conversation.We go deep on what actually failed in early DAO designs, what people misunderstood about decentralized governance, and what it will realistically take to redo the DAO model in a way that works — socially, economically, and technically.We cover:What really went wrong (and right) with the first DAOLessons learned from DAO governance failures and exploitsWhy most DAOs struggle with participation and decision qualityIncentive design vs voting designFunding public goods without governance captureToken engineering, bonding curves, and…

People in this episode

Hosts: Corey Petty, Demetrick Ferguson, Jessie Santiago

Guest: Griff Green

Topics covered

  • DAO
  • decentralized governance
  • public goods funding
  • coordination mechanisms
  • token engineering
  • DAO design failures

Keywords

  • DAO
  • Ethereum
  • governance
  • public goods
  • coordination
  • token engineering
  • decentralization

Mentioned in this episode

Organizations: Ethereum, Giveth, Commons Stack

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