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Abstract
This study analyzes voting dynamics and proposal outcomes within Decentraland, a prominent Decentralized Autonomous Organization (DAO), by examining its voting behaviors and decision outcomes. We offer insights into how a DAO is employed to facilitate decision-making and discern the nature of the issues about which decisions are made. DAOs promise horizontal and democratic decision-making. However, our research reveals a high concentration of voting power among a few members despite them not utilizing it to a great extent.
Additionally, we identify the prevailing themes in decision-making processes within the organization through topic modeling. The primary topics identified are the effective management and governance of the platform and community and the platform’s strategic growth, with a particular emphasis on wearable technology. This research addresses fundamental questions regarding the democratic integrity of DAOs and their ability to achieve equitable representation and decision-making.
Authors (3)
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Andrea Peña Calvín
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- Category:
- Monographic publication
- Type:
- Monographic publication
- Title of issue:
- Proceedings of the Hawaii International Conference on System Sciences
- Publication year:
- 2025
- Sources of funding:
- Verified by:
- No verification
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