kaal:claim:3227933-029

The design premise of the DAO was that because people do not always follow rules even when the rules are well designed, it is better to use computer code to manage an organization.

Source quote, verbatim

The DAO intended to automate governance and was based on the idea that since "people" don't always follow the rules (even if the rules are well-designed), it is better to use computer code to manage an organization.

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 7. Decentralized Autonomous Organizations, p. 15
https://ssrn.com/abstract=3227933 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

Holds when

organizations aiming to automate governance

Classification

designsupport: asserteddaogovernance-designinstitutional-design

Verify

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