# kaal:claim:3411897-008

**Claim.** Decentralized Autonomous Organizations challenge the core belief that governance necessitates agency, attacking organizational design at a fundamental level rather than merely reforming it.

**Type.** mechanism  **Support.** argued

**Holds when.**

- applies to DAOs built on smart contracting platforms such as Ethereum

**Source quote.**

> While it is still difficult to imagine a world without governance structures facilitated by agency constructs, Decentralized Autonomous Organizations (DAOs) have started to challenge the core believe that governance necessitates agency.

**From.** Wulf A. Kaal, *Decentralization - Past, Present, and Future* (2019), Part I: The Past, Types of Decentralization, page 12

**Cite as.** Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

**Verify.** sha256 of source PDF `82f0aea026b3e3a526ec51bc073b3b864dc06cd9083ff9c54c550037045edaa9` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Decentralization%20-%20Past%2C%20Present%2C%20and%20Future.pdf

**Topics.** dao, governance-design, institutional-design

**Keywords.** dao, agency-theory, governance, organizational-design

**Related claims.**

- extends: https://wulfkaal.github.io/claims/3406323-007
- restates: https://wulfkaal.github.io/claims/3373393-028

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.