According to live reports, Balaji Srinivasan, former CTO of Coinbase and author of "The Network State", gave a keynote speech "Technodemocracy" at Token2049 held on September 18. In his speech, he said that Internet voting governance has long existed, and there are currently three types: social media voting, DAO voting, Estonian online state voting. The fourth phase of digital governance will come from encryption. The technology that manages Discords can also be used to distribute DAO funds, open the door of the house and even control the drone. Technodemocracy (Technodemocracy) voting can control not only digital things, but also physical entities, which also means that crypto wallets can control real-world resources. He also listed some examples of Technodemocracy, such as crypto-verifiable voting, streaming voting, social smart contracts, provable limited government, truly global commerce, truly comprehensive candidates, and new politics (Musk's Mars Party, Donny Ak's Open Source AI Party, etc.). These technodemocracies started purely online and will enter the fiat world in the future.