Decentralized Autonomous Organizations: Concept, Model, and Applications

Wang, Shuai; Ding, Wenwen; Li, Juanjuan; Yuan, Yong; Ouyang, Liwei; Wang, Fei‐Yue

doi:10.1109/tcss.2019.2938190

Cited by 283 publications

(132 citation statements)

References 37 publications

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“…Therefore, an ERC20 pool token would be automatically released by the protocol, representing the accrued interest on the Anters’ stake over time that can be traded, sold, or held as the Anter desires. A Decentralized Autonomous Organization (DAO) [ 17 , 29 ] could be formed in the future to allow ANTS stakers to participate in the governance of important aspects of the protocol, from smart contracts upgrades to minor changes in settings across the protocol.…”

Section: Discussionmentioning

confidence: 99%

Ants-Review: A Privacy-Oriented Protocol for Incentivized Open Peer Reviews on Ethereum

Trovó

Massari

2021

Euro-Par 2020: Parallel Processing Workshops

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Peer review is a necessary and essential quality control step for scientific publications but lacks proper incentives. Indeed, the process, which is very costly in terms of time and intellectual investment, not only is not remunerated by the journals but it is also not openly recognized by the academic community as a relevant scientific output for a researcher. Therefore, scientific dissemination is affected in timeliness, quality and fairness. Here, to solve this issue, we propose a blockchain-based incentive system that rewards scientists for peer reviewing other scientists’ work and that builds up trust and reputation. We designed a privacy-oriented protocol of smart contracts called Ants-Review that allows authors to issue a bounty for open anonymous peer reviews on Ethereum. If requirements are met, peer reviews will be accepted and paid by the approver proportionally to their assessed quality. To promote ethical behaviour and inclusiveness the system implements a gamified mechanism that allows the whole community to evaluate the peer reviews and vote for the best ones.

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Section: Discussionmentioning

confidence: 99%

Ants-Review: A Privacy-Oriented Protocol for Incentivized Open Peer Reviews on Ethereum

Trovó

Massari

2021

Euro-Par 2020: Parallel Processing Workshops

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“…Notice that those decisions do not just concern the allocation of the DAO resources (e.g., funding projects, payments) but also could change the DAO code. For example, even if a bug in the code of the smart contract comes out out, it would require a vote to change the code [21].…”

Section: Decentralized Autonomous Organizationmentioning

confidence: 99%

“…Customization is enabled through "apps" (sets of smart contracts), which can be installed or removed from DAOs by a voting. The purpose of apps widely varies: a Finance app to allocate the DAO's funds; an Agent app to interact with other Ethereum smart contracts; a Token app to manage the membership; or a Vote app used as a decision-making system [30,31]. In addition, Aragon provides a SDK [7] to create and deploy their smart contracts, apps, and organizations templates (i.e.…”

Section: Aragonmentioning

confidence: 99%

A Comparative Analysis of the Adoption of Decentralized Governance in the Blockchain Through DAOs

Faqir-Rhazoui

Arroyo

Hassan

2021

Preprint

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Blockchain technology has prompted new ways of governance and coordination. Such forms receive the name of Decentralized Autonomous Organizations (DAOs). DAOs typically implement decision-making systems to make possible for the community to reach agreements. As a result of the agreements the DAO automatically operates (e.g., hire people, payments, invest in financial products, etc.) by executing code on the blockchain. In the last few years, several platforms such as Aragon, DAOstack and DAOhaus, have emerged to facilitate the creation of DAOs. As a result, hundreds of this new organizations have appeared and are interacting in the blockchain. However, little is known about them. In this paper, we want to shed light on them. We will review the three main platforms (Aragon, DAOstack, DAOhaus) that make possible to create and manage a DAO. We introduce the main differences between these platforms, and we finally compare them numerically. For the comparison we retrieve data from both the main Ethereum network (mainnet) and a parallel Ethereum network (xDai). We analyze data from 72,320 users from 2,353 DAO communities to study the three ecosystems along four dimensions: growth, activity, voting system and funds. Our results show that there are notable differences among the DAO platforms in terms of growth and activity, but also interms of voting results. Still we consider that our work is only a first step and that further research is needed to better understand these communities and to help them to accomplish their aim of decentralized governance.

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“…In Blockchain 2.0, smart contracts are seen as scripts running in a decentralized manner and stored in the blockchain, 19 but they are not the only new feature available. Decentralized autonomous organizations (DAOs) 20 are new organization forms in which the management and operational rules are typically encoded on blockchain in the form of smart contracts and can autonomously operate without centralized control or third‐party intervention 21 …”

Section: Blockchain Generationsmentioning

confidence: 99%

A critical review on blockchain assessment initiatives: A technology evolution viewpoint

Colomo‐Palacios

Sánchez‐Gordón

Aranda

2020

J Software Evolu Process

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Blockchain is considered as a major emerging technology that is having an ever‐increasing spread both in industrial and academic contexts. As the usage of blockchain keeps increasing, a fourth generation of blockchain platforms is being proposed. Thus, applications of blockchain have evolved towards wider scopes than cryptocurrency and asset management. In this context, it is important for practitioners to have deep understanding of various blockchain assessment initiatives. Therefore, this work discusses blockchain assessment initiatives from a technology evolution viewpoint. Furthermore, a mapping was conducted to identify factors that impact blockchain initiatives, synthesize available evidence, and identify gaps between relevant approaches available in the literature. As a result, nine selected works were analyzed based on applicability, research approach, assessment process, blockchain adoption process, and blockchain waves. The findings can help practitioners to understand the main assessment factors that undermine blockchain implementations.

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Decentralized Autonomous Organizations: Concept, Model, and Applications

Cited by 283 publications

References 37 publications

Ants-Review: A Privacy-Oriented Protocol for Incentivized Open Peer Reviews on Ethereum

Ants-Review: A Privacy-Oriented Protocol for Incentivized Open Peer Reviews on Ethereum

A Comparative Analysis of the Adoption of Decentralized Governance in the Blockchain Through DAOs

A critical review on blockchain assessment initiatives: A technology evolution viewpoint

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