Introduction to Decentralized Autonomous Organizations (DAOs)

Daniel Liebau ()
Additional contact information
Daniel Liebau: ESSEC Business School, Lecturer

Chapter Chapter 25 in The Blockchain Scholars Book, 2025, pp 137-142 from Springer

Abstract: Abstract Decentralized Autonomous Organizations (DAOs) are organizations that enable individuals with common goals to collaborate using a blockchain infrastructure to enforce a set of shared rules (Ding et al., 2023). Built on public and permissionless distributed ledgers, DAOs rely on smart contracts to automate decision-making through a governance process of proposals and voting, replacing traditional hierarchical oversight. Participants, often pseudonymous, hold governance tokens that grant voting rights, often proportional to their stake. Through their voting, they jointly decide on the allocation of the DAO’s funds or technical protocol changes, executed directly on-chain upon approval. This structure fosters, at least in theory, collective control, leveraging blockchain’s immutability characteristic.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-95-2844-8_25

Ordering information: This item can be ordered from
http://www.springer.com/9789819528448

DOI: 10.1007/978-981-95-2844-8_25

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().