This episode examines the central role nonprofit foundations have played in supporting blockchain networks. We trace their original purpose, how these entities have become a point of friction for many projects, and how regulatory and policy shifts have opened the door to alternatives. We reference two emerging models: the Decentralized Unincorporated Nonprofit Association (DUNA) and the Cybernetic Organization (BORG).Guest: Miles Jennings (Head of Policy & General Counsel at a16z crypto)Paper: The end of the foundation era in crypto - a16z crypto [https://a16zcrypto.com/posts/article/end-foundation-era-crypto/]