kaal:claim:3227933-032

In a DAO, blockchain-based smart contracts granting token holders voting rights perform the function that articles of association or bylaws perform in a conventional corporation.

A series of smart contracts granted the holders of the tokens voting rights. In this respect, the blockchain-based smart contract mimicked the role of articles of association or bylaws.

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 7. Decentralized Autonomous Organizations, p. 16
https://ssrn.com/abstract=3227933 · source PDF

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

mechanismsupport: argueddaosmart-contractsgovernance-design

• restates kaal:claim:2922176-036 In a decentralized autonomous organization a series of smart contracts grants token holders voting rights, so ...
• restates kaal:claim:2939127-031 Because a series of smart contracts granted DAO token holders voting rights, the blockchain based smart contra...
• extended_by kaal:claim:3799320-020 Because a series of smart contracts grants DAO token holders voting rights, those smart contracts take the pla...

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