A Progressive Web3: From Social Coproduction to Digital Polycentric Governance

DuPont, Quinn

doi:10.2139/ssrn.4320959

SSRN Journal

2023

DOI: 10.2139/ssrn.4320959

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A Progressive Web3: From Social Coproduction to Digital Polycentric Governance

Quinn DuPont

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Cited by 2 publications

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Web3 and the entrepreneurial imaginary of the 2022 Lisbon Web Summit

Faustino¹

2023

Anthropology Today

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This article discusses the entrepreneurial imaginary and the role of Web3 in the narratives of industry actors at the 2022 Lisbon Web Summit. This imaginary does not address the qualitative aspects of current crises but rather their potential for regenerating capital flows in the spirit of never letting a good crisis go to waste. The article argues that the wealth‐tech nexus is symptomatic of the broader process of financialization of the economy and, in particular, of the growing role of private investment in the form of Venture Capital (VC), particularly illustrated by ‘unicorns’. While capital allocation in the digital economy, both from private and public sources, currently exceeds its realization, this entrepreneurial imaginary builds expectations towards Web3 and effectively drives the valuation process and investors’ returns, regardless of its future implementation.

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Web3 and the entrepreneurial imaginary of the 2022 Lisbon Web Summit

Faustino¹

2023

Anthropology Today

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Decentralized Web3 Reshaping Internet Governance: Towards the Emergence of New Forms of Nation-Statehood?

Calzada

2024

Future Internet

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This article explores how decentralized Web3 is reshaping Internet governance by enabling the emergence of new forms of nation-statehood and redefining traditional concepts of state sovereignty. Based on fieldwork conducted in Silicon Valley since August 2022, this article systematically addresses the following research question: How is decentralized Web3 reshaping Internet governance and influencing the rise in new nation-statehood paradigms? It compares three emerging paradigms around Web3: (i) Network States (Srinivasan), envisioning digital entities rooted in crypto-libertarian principles; (ii) Network Sovereignties (De Filippi), emphasizing communal governance aligned with digital commons; and (iii) Algorithmic Nations (Calzada), drawing on Arendtian thought and demonstrating how communities—such as indigenous and stateless groups, as well as e-diasporas—can attain self-determination through data sovereignty. This article contributes a unique conceptual analysis of these paradigms based on fieldwork action research in Silicon Valley, responding to evolving technologies and their potential to reshape Internet governance. This article argues that decentralized Web3 provides a transformative vision for Internet governance but requires careful evaluation to ensure that it promotes inclusivity and equity. It advocates for a hybrid approach that balances global and local dynamics, emphasizing the need for solidarity, digital justice, and an internationalist perspective in shaping future Internet governance protocols.

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A Progressive Web3: From Social Coproduction to Digital Polycentric Governance

Cited by 2 publications

References 45 publications

Web3 and the entrepreneurial imaginary of the 2022 Lisbon Web Summit

Web3 and the entrepreneurial imaginary of the 2022 Lisbon Web Summit

Decentralized Web3 Reshaping Internet Governance: Towards the Emergence of New Forms of Nation-Statehood?

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