# kaal:claim:3799320-020

**Claim.** Because a series of smart contracts grants DAO token holders voting rights, those smart contracts take the place of articles of association or bylaws and of the entire precedent system that a jurisdiction based legal structure would otherwise supply by default.

**Type.** definitional  **Support.** argued

**Holds when.**

- DAOs running on public decentralized blockchain platforms

**Source quote.**

> Because a series of smart contracts grants DAO token holders voting rights, the blockchain-based smart contracts imitates the role of articles of association or bylaws and the entirety of a precedent system that would otherwise be provided by default in a jurisdiction-based legal structure.

**From.** Wulf A. Kaal, *A Decentralized Autonomous Organization (DAO) of DAOs* (2021), Governance & Legal Design Experimentation, page 14

**Cite as.** Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320

**Verify.** sha256 of source PDF `c3dff852f2d3f04718c829a24189309a7db4d92d84f6045d3d4f562d87c03e63` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20A%20Decentralized%20Autonomous%20Organization%20%28DAO%29%20of%20DAOs.pdf

**Topics.** smart-contracts, law-and-legal-systems, dao

**Keywords.** smart-contracts, bylaws, precedent-system, dao-structure

**Related claims.**

- extends: https://wulfkaal.github.io/claims/2922176-036
- extends: https://wulfkaal.github.io/claims/3227933-032
- extends: https://wulfkaal.github.io/claims/2939127-031

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