kaal:position:2026-07-31-5909
Decentralized Autonomous Organization (DAO) – A Review presents the following source proposition: Investors place their digital assets in liquidity pools using code-driven smart contracts without the need for an intermediary to ensure that all parties meet their obligations. This proposition is pertinent to Kaal's source-bound claim that A decentralized autonomous organization is merely computer code with no directors, managers or employees, its governance structure built with software, code and smart contracts running on a public decentralized blockchain platform. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
daosmart-contractsblockchaingovernance-designcorporate-governancehistorical-responsescholarly-literatureopenalex