Imagine trying to raise money with friends to buy a vacation property. You’d need to form a legal entity, open a shared bank account, and trust one person to manage the books. Every decision—like repairing the roof or renting it out—requires meetings, votes, and paperwork. It’s slow, cumbersome, and relies heavily on trusting a single person not to make a mistake or, worse, act selfishly. This problem scales to almost any group effort: funding a project, running an online community, or managi...