Alchemy was many things, but none as famous as the transmutation of metals. For centuries, smart minds have attempted to turn lead, a nearly valueless metal, into the most valuable one: gold. In the Cabin forum, Dave Merin describes himself as a coin alchemist. Coin refers to tokens, the underlying infrastructure of DAOs. But why alchemist? “Tokens are not exactly rocket science, but they can be scary to engage with,” Dave says. “I’ve worked full-time in crypto for years, so to me, they’re mu...
