From constitution to disbandment: ephemeral decentralized autonomous organizations
From constitution to disbandment: ephemeral decentralized autonomous organizations
With the rise of blockchain technologies, Decentralized Autonomous Organizations (DAO) have become popular. A subset of these organizations that we term Ephemeral DAOs are formed for the explicit purpose of achieving a community approved objective within a limited time span. This renders their life cycle temporary. In this short paper, we present a case study of one such DAO known as the ConstitutionDAO which was created for the sole purpose of acquiring an original copy of the US constitution. Through this case study, we seek to explore how blockchain technologies enable mission-driven ephemeral DAOs. Preliminary findings reveal that under time pressure and high uncertainty, elements of financial composability, progressive democracy, and high levels of transparency emerge as key drivers of these ephemeral organizations.
Taani, Iman
67558223-b632-477f-9f78-f5fe5ae18c30
Pahuja, Aseem
d47d5731-e793-4fcd-8025-031f8b625d9b
2022
Taani, Iman
67558223-b632-477f-9f78-f5fe5ae18c30
Pahuja, Aseem
d47d5731-e793-4fcd-8025-031f8b625d9b
Taani, Iman and Pahuja, Aseem
(2022)
From constitution to disbandment: ephemeral decentralized autonomous organizations.
In International Conference on Information Systems (ICIS).
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Conference or Workshop Item
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Abstract
With the rise of blockchain technologies, Decentralized Autonomous Organizations (DAO) have become popular. A subset of these organizations that we term Ephemeral DAOs are formed for the explicit purpose of achieving a community approved objective within a limited time span. This renders their life cycle temporary. In this short paper, we present a case study of one such DAO known as the ConstitutionDAO which was created for the sole purpose of acquiring an original copy of the US constitution. Through this case study, we seek to explore how blockchain technologies enable mission-driven ephemeral DAOs. Preliminary findings reveal that under time pressure and high uncertainty, elements of financial composability, progressive democracy, and high levels of transparency emerge as key drivers of these ephemeral organizations.
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Accepted/In Press date: 30 July 2022
Published date: 2022
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Local EPrints ID: 483117
URI: http://eprints.soton.ac.uk/id/eprint/483117
PURE UUID: a8768125-f853-4625-8253-d198b90d3817
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Date deposited: 25 Oct 2023 02:00
Last modified: 03 Jun 2025 02:10
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Contributors
Author:
Iman Taani
Author:
Aseem Pahuja
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