The New Original DAO...Run it back!

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 coordination mechanismsWhat a “DAO 2.0” architecture needs to includeWhether truly decentralized governance can scaleIf you care about DAOs, crypto governance, public goods funding, or coordination at scale — this conversation is required context from someone who was there at the beginning and is still building forward.

You can listen to The New Original DAO...Run it back! online on Radio and Podcast. Open the player on this page to stream the available audio.

The New Original DAO...Run it back! is an episode from The Bitcoin Podcast by Corey Petty, Demetrick Ferguson, Jessie Santiago.

This episode is 01:17:08 long.

This episode was published on Feb 26, 2026.

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