Are Blockchains Really Decentralized? A Multimodal Perspective on Tokenized Decision Making and Venture Capital Investments in Web3

Date
2024-01-03
Authors
Kölbel, Tobias
Binder, Kai Alexander
Weinhardt, Christof
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5888
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Abstract
Decentralization in Web3 projects is a polarizing topic, with proponents and critics presenting divergent views on blockchain governance. To navigate these tensions, this study employs an exploratory design science research approach. It utilizes a multiple-case study methodology to develop a framework for tokenized decision making and analyze venture capital investments in Web3 projects. We enable researchers and practitioners to grasp the phenomenon in a structured manner and address a critical sub-field of information systems research, which focuses on power concentration in Web3 ecosystems.
Description
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Blockchain Cases and Innovations, blockchain, case study, decentralization, venture capital, web3
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10 pages
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Proceedings of the 57th Hawaii International Conference on System Sciences
Table of Contents
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Attribution-NonCommercial-NoDerivatives 4.0 International
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