Is DAO Governance Fostering Democracy? Reviewing Decision-making in Decentraland

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dc.contributor.authorPeña Calvín, Andrea
dc.contributor.authorDuenas-Cid, David
dc.contributor.authorAhmed, Junaid
dc.date.accessioned2024-12-26T21:06:08Z
dc.date.available2024-12-26T21:06:08Z
dc.date.issued2025-01-07
dc.description.abstractThis study analyzes voting dynamics and proposal outcomes within Decentraland, a prominent Decentralized Autonomous Organization (DAO), by examining its voting behaviors and decision outcomes. We offer insights into how a DAO is employed to facilitate decision-making and discern the nature of the issues about which decisions are made. DAOs promise horizontal and democratic decision-making. However, our research reveals a high concentration of voting power among a few members despite them not utilizing it to a great extent. Additionally, we identify the prevailing themes in decision-making processes within the organization through topic modeling. The primary topics identified are the effective management and governance of the platform and community and the platform’s strategic growth, with a particular emphasis on wearable technology. This research addresses fundamental questions regarding the democratic integrity of DAOs and their ability to achieve equitable representation and decision-making.
dc.format.extent10
dc.identifier.doi10.24251/HICSS.2025.252
dc.identifier.isbn978-0-9981331-8-8
dc.identifier.otherf3b29d27-c980-474b-a8b2-ed5db427f9a2
dc.identifier.urihttps://hdl.handle.net/10125/109092
dc.relation.ispartofProceedings of the 58th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjecte-Democracy, e-Participation and e-Voting
dc.subjectblockchain, decentralized autonomous organizations (daos), e-democracy, e-voting, online governance
dc.titleIs DAO Governance Fostering Democracy? Reviewing Decision-making in Decentraland
dc.typeConference Paper
dc.type.dcmiText
prism.startingpage2047

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