The Rise of Decentralized Autonomous Organizations (DAOs): a first empirical glimpse

Blockchain technology and smart contracts are catalysts for decentralization and disintermediation. These new technologies reduce transaction costs, agency costs, and offer a basis for trustless social and economic interactions. They are fueling new business models for decentralized platforms and have revolutionized crowdfunding. A recent trend, Decentralized Autonomous Organizations (DAOs), stands to fundamentally transform organizing and …

The Rise of Decentralized Autonomous Organizations (DAOs): a first empirical glimpse Read More »