The possibilities for what you would be able to do, which you cannot do today, are as many as the possibilities that came with the general purpose computer, or the internet.

Decentralized Autonomous Virtual States (DAVS) such as Ethereum free up cognitive resources, in the same that representative government was a liberating organization, which enabled people to do things they could not do in the previous organization (monarchy, empires, religions, etc).

As long as laws needed the brain, and therefore, the genes to survive and propagate, laws that were loudest in ordering genes to replicate them had a survival advantage. Such laws would propagate by threatening annihilation of the genes on one hand and promising “eternal life” on the other, religion being prime examples.

The trend is towards liberation from gene-based imperatives. By moving law from the confines of brains that are dependent on gene multiplication, into legal systems, representative democracy as we know it being an early experiment in that, there is less need for laws to co-opt genes for their purpose, and it becomes possible to imagine, design and create new types of laws.

Everything that modern civilization takes for granted is the result of a gradual externalization of law, and liberation from gene-based imperatives, in a bootstrapping process which gradually led to things like female voting rights, racial equality, the internet, BitTorrent, Bitcoin, Ethereum, and so on. The trend is towards a liberation of mind and intelligence, enabling ever more complex forms of organization.

With Decentralized Autonomous Societies, people will enjoy even more externalization of law than they did during the nation-state, and this will free them to do things and to organize in ways that would have been previously impossible. The major theme is that law is shaped by the human mind, and the brain is shaped by gene-based imperatives, and by externalizing law into legal systems, it becomes possible to imagine new organization, because the brain is liberated from processing law. Like any other technology, legal systems build on itself.

Another major theme is that nation-state law was only a partial externalization, and it still ran on gene-based imperatives such as fear. With DAS, fear-based law will be made a thing of the past, continuing a process that has been going on for the past hundred years. Execution for example used to be common, and was then replaced with other incentives. Universal Basic Income will come to replace survival-mode incentives, and if you remove fear from the equation, that will change a lot, as it already has through advanced in representative government.