TY - GEN
T1 - A Taxonomy of Decentralized Autonomous Organizations
AU - Ziegler, Christian
AU - Welpe, Isabell
N1 - Publisher Copyright:
© 2022 International Conference on Information Systems, ICIS 2022: "Digitization for the Next Generation". All Rights Reserved.
PY - 2022
Y1 - 2022
N2 - Decentralized Autonomous Organizations (DAOs) are trustless organizations that automate transactions, operations, and decisions without a trusted third party (Wang et al. 2019). So far, this research area is missing a taxonomy that investigates the different dimensions and characteristics of DAOs and the many different forms they can take. This paper addresses this research gap by creating a data-driven taxonomy analyzing 72 DAOs. In doing so, we identify the three main categories treasury, community, and governance, seven sub-categories, 20 dimensions, and 53 characteristics. In addition, we provide dimensions with inadmissible characteristics DAOs cannot take, as well as dimensions used to assess DAOs. The results of our agglomerative clustering are five distinct DAO types: On-chain product and service DAOs, off-chain product and service DAOs with community focus or with investor focus, investment-focused DAOs, and networking-focused community DAOs.
AB - Decentralized Autonomous Organizations (DAOs) are trustless organizations that automate transactions, operations, and decisions without a trusted third party (Wang et al. 2019). So far, this research area is missing a taxonomy that investigates the different dimensions and characteristics of DAOs and the many different forms they can take. This paper addresses this research gap by creating a data-driven taxonomy analyzing 72 DAOs. In doing so, we identify the three main categories treasury, community, and governance, seven sub-categories, 20 dimensions, and 53 characteristics. In addition, we provide dimensions with inadmissible characteristics DAOs cannot take, as well as dimensions used to assess DAOs. The results of our agglomerative clustering are five distinct DAO types: On-chain product and service DAOs, off-chain product and service DAOs with community focus or with investor focus, investment-focused DAOs, and networking-focused community DAOs.
KW - Blockchain
KW - Decentralized Autonomous Organizations
KW - Taxonomy
UR - http://www.scopus.com/inward/record.url?scp=85192577569&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:85192577569
T3 - International Conference on Information Systems, ICIS 2022: "Digitization for the Next Generation"
BT - International Conference on Information Systems, ICIS 2022
PB - Association for Information Systems
T2 - 43rd International Conference on Information Systems: Digitization for the Next Generation, ICIS 2022
Y2 - 9 December 2022 through 14 December 2022
ER -