The Master Theorem is a group of puzzle-solvers founded by a mysterious figure known only as M. The puzzles are not of the Sunday paper kind of stuff, but more like James Bond/Wired/code-breaking kinds of things. The whole thing started as a geeky secret society at Columbia University.
The Master Theorem features a weekly puzzle that goes out at midnight between Wednesday and Thursday and members compete to solve it quickly. To join, prospective members either need to solve one of those weekly puzzles or be invited by a current member. Once beyond the curtain, there are more puzzles hidden throughout the site, for which members can earn Seals, which are pretty much like web 2.0 badges for solving various mini-puzzles.
(thanks Allison)
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