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Note published on April 14, 2026 at 9:05 PM UTC

2026-04-14T21:05:56+00:00

beyond all the crypto stuff, it seems like a red flag that the Fed Chair nominee clearly went through a DAO phase

24.1.53.14 CreatorDAO (Creator investment platform)

24.1.53.25 Friends With Benefits (Web3 community platform)

(Friends With Benefits was big in 2021–2022-ish? and landed a $100M valuation from a16z ll)

Since its humble beginnings as a social experiment in September 2020, FWB has grown to nearly 2000 members and its community has driven an outsized portion of the cultural value in web3. DAO members have launched a (now canonical)token-gated events app, an NFT gallery, a web3-focused editorial venture, a virtual music studio, and a real-time community dashboard, in addition to a series of parties around the world. Their next venture, FWB Cities, aims to scale the DAO’s IRL footprint, partnering with city-specific spaces, communities, and experiences to bring real world benefits to the FWB membership. In this way, FWB Cities offers a glimpse into the very first IRL metaverse and will make the entry fee even more accessible to more people. Because of FWB, it’s now possible to envision a world where the first time you interact with crypto is when you walk into a bar or attend your friend’s concert. Our goal is to offer guidance as FWB navigates the complexities that come with the next phase of DAO maturity. We plan to actively participate in governance and we will empower key community members through delegation. We’re thrilled to be a part of the FWB community as they lead the charge toward mainstream adoption of web3.