April 23, 2024



Exclusive clubs called ‘DAOs’ are popping up online. What’s it all about?

The Guardian

November 14, 2021

I have seen the light, and I was not convinced. This month, I was invited to a party hosted by Friends With Benefits, an exclusive club of artists and investors who have access to a private chatroom on Discord and parties in cities like Miami and New York. The image has a subversive sheen: techno DJs and venture capitalists in ripped designer jeans throwing secret raves. The club’s “manifesto” describes a “bright future” for the “ultimate cultural membership” where “prosperity is abundant” and “data and payments are fluid”, just like gender.

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