In this episode we talk to Alfred Tom CEO of Wivity, a company that is building a new governance framework for Web3 infrastructure, Executive Director of OMA3, and President of Lumian Foundation. We discuss how governance has led to the successes and stumbles of various organizations, how governance can work in the Web3 Era, the rise of collaborative standards, and the vital role that foundations, associations, and consortia play in the emerging Web3 era.