DAOs : introducing a new era of governance

Hude, Zarja (author), Igličar, Matej (author), Mondoh, Brian Sanya (author)

Decentralised autonomous organisations (DAOs) are a growing phenomenon that has the potential to transform the organisational landscape. This article explores the implications of DAOs in corporate realms, highlighting their unique features and evolution. It emphasises the importance of understanding the similarities and differences between DAOs and traditional organisational structures. Whilst existing legal frameworks have been successful for traditional forms of organisation, they struggle to accommodate the distinctive characteristics of the democratised governance models introduced by DAOs. To fully leverage the enticing opportunities offered by DAOs, it is necessary to provide appropriate legal treatment that also addresses the risks they pose. The conclusion underscores the interest in community-owned protocols and suggests that further research is needed to effectively integrate DAOs into existing legal systems. It also encourages a broader examination of corporate requirements within the context of emerging data-driven technologies. The intersection of technology and company law principles calls for interdisciplinary efforts to shape the regulatory ecosystem for emerging, less formal formats of activity coordination and ensure their long-term viability and impact.

• Language: English
• Keywords: decentralised autonomous organisation, corporate law, decentralised governance
• Work type: Article
• Typology: 1.01 - Original Scientific Article
• Organization: PF - Faculty of Law
• Publication status: Published
• Publication version: Version of Record
• Year: 2023
• Number of pages: Str. 195-219
• Numbering: Letn. 83
• PID: 20.500.12556/RUL-168376
• UDC: 347.726:005
• ISSN on article: 1854-3839
• DOI: 10.51940/2023.1.195-219
• COBISS.SI-ID: 186207491
• Publication date in RUL: 10.04.2025

Record is a part of a journal

• Title: Zbornik znanstvenih razprav
• Shortened title: Zb. znan. razpr.
• Publisher: Pravna fakulteta
• ISSN: 1854-3839
• COBISS.SI-ID: 223437312

Licences

• License: CC BY-ND 4.0, Creative Commons Attribution-NoDerivatives 4.0 International
• Link: http://creativecommons.org/licenses/by-nd/4.0/
• Description: Under the NoDerivatives Creative Commons license one can take a work released under this license and re-distribute it, but it cannot be shared with others in adapted form, and credit must be provided to the author.

Secondary language

• Language: Slovenian
• Title: DAO : uvajanje nove dobe upravljanja
• Keywords: korporativno pravo, gospodarsko pravo, avtonomne organizacije, decentralizirano upravljanje