The DAO is dead. Long Live the DAO!The first generation of DAOs was a revelation. They proved that strangers could coordinate, govern, and build with shared treasuries and shared purpose. They showed the world what decentralized action could look like. But like any early species in a new ecosystem, they were built for an environment that no longer exists. Today, the landscape has shifted. Players have moved on. Communities fracture and reform every day. New governance experiments are appearin...