From the mind of Projoy via The Banter Page: "One person sets a conventional hangman problem, but only other players are allowed to reveal the letters or add lines to the scaffold. Other players take guesses in turn as to which letters are in the word. The players who arbitrate over what letters are in the word are not allowed to confer. The shape of the word can only emerge through tacit mutual consent - via, in other words, the collective consciousness." (Winning move is "hanged")
OFTOQUIAL is little known low profile regulator of conversational or infomal spoken english. Its full title would be the Office of Fair Trading of Colloquial, but shortened in the same manner as OFTWAT, OFTTEL and OFTGAS. "Awigh' guv'".
It's actually a seafarer's corruption of "aft-o-keel", the front beam of the ship's hull. "Aft-o-keel-hauling" was the pirate's worst punishment, where they strapped you to the front of the ship and rammed you into whatever galleons happened to be passing.