kaal:claim:4529715-013

Unlike corporate founders, who inherit a known governance template, DAO founders must build a new form of governance from nothing alongside their technology, mission, and values.

Source quote, verbatim

want to develop a DAO are not only tasked with developing their tech, mission, and values, but also bear the responsibility of creating a new form of governance out of thin air.

From

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Corporations vs. DAOs, p. 11
https://ssrn.com/abstract=4529715 · source PDF

Cite as

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

Holds when

comparison to incorporation of a traditional corporation

Classification

mechanismsupport: arguedfailure: governance-from-scratch-burdenfamily: cold-start-and-bootstrappingdaogovernance-design

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