Related papers: Bitcoin, a DAO?
Decentralized Autonomous Organization (DAO) is very popular in Decentralized Finance (DeFi) applications as it provides a decentralized governance solution through blockchain. We analyze the governance characteristics in the Maker protocol,…
We present a study analyzing the voting behavior of contributors, or vested users, in Decentralized Autonomous Organizations (DAOs). We evaluate their involvement in decision-making processes, discovering that in at least 7.54% of all DAOs,…
Decentralized Autonomous Organization (DAO) provides a decentralized governance solution through blockchain, where decision-making process relies on on-chain voting and follows majority rule. This paper focuses on MakerDAO, and we find…
Traditional facility management often relies on centralized decision-making structures that limit stakeholder participation, leading to misalignment with occupant needs and reduced satisfaction. This paper proposes a novel blockchain- and…
We propose DAO-enabled decentralized physical AI (DePAI), a democratic architecture for coordinating humans and autonomous machines in the operation and governance of physical-digital systems. We (1) synthesize foundations in blockchains,…
This research paper provides a comprehensive analysis of Bitcoin, delving into its evolution, adoption, and potential future implications. As the pioneering cryptocurrency, Bitcoin has sparked significant interest and debate in recent…
This paper asks why startups in the blockchain industry are exiting to Decentralized Autonomous Organizations (DAOs), an outstanding phenomena in the wider digital economy which has tended to retain centralized ownership and governance…
This note and agenda serve as a cause for thought for scholars interested in researching Decentralized Autonomous Organizations (DAOs), addressing both the opportunities and challenges posed by this phenomenon. It covers key aspects of data…
Decentralized autonomous organizations (DAOs) rely on governance mechanism without centralized leadership. This paper presents an empirical study of user behavior in governance for a variety of DAOs, ranging from DeFi to gaming, using the…
DAO Governance is currently broken. We survey the state of the art and find worrying conclusions. Vote buying, vote selling and coercion are easy. The wealthy rule, decentralisation is a myth. Hostile take-overs are incentivised. Ballot…
Decentralized Autonomous Organizations (DAOs) use smart contracts to foster communities working toward common goals. Existing definitions of decentralization, however-the 'D' in DAO-fall short of capturing key properties characteristic of…
Blockchain systems run consensus rules as code to agree on the state of the distributed ledger and secure the network. Changing these rules can be risky and challenging. In addition, it can often be controversial and take much effort to…
Voting is the primary mechanism through which Decentralised Autonomous Organisations (DAO) reach decisions. Although transparent, the voting process can be complex: it can involve many interacting smart contracts. The nexus of the…
In the digital era, where innovative technologies like blockchain are revolutionizing traditional organizational paradigms, Decentralized Autonomous Organizations (DAOs) emerge as avant-garde models of collective governance. However, their…
Decentralised Autonomous Organisations (DAOs) have recently piqued the interest of participants from diverse backgrounds, including business owners, engineers, individual and institutional investors. In part, the promised autonomy (less…
Decentralized autonomous organizations (DAOs) are designed to disperse control, yet recent evidence shows that effective governance is often concentrated in a small number of participants. This note studies one simple mechanism behind that…
In this paper, I propose a new concept for understanding the role of algorithms in daily life: algorithmic authority. Algorithmic authority is the legitimate power of algorithms to direct human action and to impact which information is…
Bitcoin mining presents a significant economic incentive for efficient hashing and broadcast of data, both parameters stemming from the Proofs of Work used to advance the network. This incentive has led to the development of Bitcoin…
The governance of online communities has been a critical issue since the first USENET groups, and a number of serious constitutions -- declarations of goals, values, and rights -- have emerged since the mid-1990s. More recently,…
Bitcoin and Ethereum are novel mechanisms for decentralizing the concept of money and computation. Extending decentralization to the human identity concept, we can think of using blockchain for creating a list of verified human identities…