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Governance and Maintenance for a DAO with Physical Assets - An Agent-based Model

Authors: Spychiger, Florian; Makode, Parminder Kaur; Küng, Lukas; Tessone, Claudio Juan;

Governance and Maintenance for a DAO with Physical Assets - An Agent-based Model

Abstract

In the evolving landscape of blockchain and distributed ledger technologies, the quest for decentralized governance has led to the advent of Decentralized Autonomous Organizations (DAOs). DAOs offer a groundbreaking framework where token holders directly influence the management and strategic direction of decentralized structures. This study delves into the concept of DAO through the lens of No1s1, an experimental project embodying a self-sustaining architecture governed autonomously. No1s1 stands out as a physical space that operates independently, rewarding participants with tokens for performing maintenance tasks crucial for its upkeep. In this contribution, we employ agent-based modelling to simulate interactions between participants and No1s1, exploring the dynamics of the token economy, participatory governance, and the sustainability of such an autonomous entity. By examining the reciprocal maintenance relationship and its impact on No1s1's longevity and wealth, this study sheds light on the potential and challenges of DAO-governed structures.

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Keywords

Distributed ledger, 2606 Control and Optimization, Governance, Decentralized autonomous organization, 10009 Department of Informatics, Cost, Maintenance, 1708 Hardware and Architecture, Stability analysis, 1702 Artificial Intelligence, 000 Computer science, knowledge & systems, 1710 Information Systems, Blockchain, 658: Allgemeines Management, Agent-based modeling, 2213 Safety, Risk, Reliability and Quality, Task analysis

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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