At what point does reaching for an ideal leave one at odds with reality? And can such delusion be justified, in some cases, insofar as it may drive progress? The ‘D’ in ‘DAO’ stands for ‘decentralized,’ and yet the vast majority of groups calling themselves ‘DAOs’ are not. This isn’t a judgement, but more of an observation. Most of these groups, across their variety of missions, arguably would not even benefit from decentralization. One could understand the quality of ‘decentralized’ as relat...