kaal:claim:3411897-009

The first DAO removed, in essence, all of the core control mechanisms that principals typically employ in agency relationships, having no directors, no managers, and no employees.

Indeed, it had no directors, managers or employees. In essence, all the core control mechanisms typically employed by principals in agency relationships were entirely removed in the DAO.

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019), Part I: The Past, Types of Decentralization, p. 13
https://ssrn.com/abstract=3411897 · source PDF

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

• refers to the DAO launched in May 2016 on Ethereum

empiricalsupport: asserteddaocorporate-governancegovernance-design

• restates kaal:claim:3373393-029 The first DAO had no physical address, no jurisdiction able to claim control over it, no directors, managers, ...
• restated_by kaal:claim:3808852-015 Decentralized autonomous organizations epitomize organizational decentralization because the first DAO, built ...

The quote above is an exact substring of the source PDF, whose sha256 is 82f0aea026b3e3a526ec51bc073b3b864dc06cd9083ff9c54c550037045edaa9. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/3b1e14ece4ff7e2a...json
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