Work

Governance and maintenance for DAOs with physical assets – The case of No1s1

Year: 2025

Type: article

Abstract: Recent research has introduced a decentralized autonomous organization (DAO) managing a house – No1s1 (no-ones-one). While the concept has been technically implemented, it remains open how to govern and maintain the house in a decentralized manner. In this study, we investigate how a DAO can govern and maintain physical assets. For this, we use a Design Science Research methodology coupled with a requirements-driven approach and demonstrate through an artifact how such a governance and maintenance system can be implemented. The proposed system features two tokens rewarding active interaction with the physical house leading to a local community. We evaluate the system with a scenario-based study with users showing how the community can govern and maintain the house. Thus, the paper contributes to a better understanding on how a DAO with physical assets can be governed and interact with these assets, and to the better understanding of blockchain governance in general.

Source: Blockchain Research and Applications

DOI: 10.1016/j.bcra.2025.100357

Authors: Michael Blum, Nicola Crimi, Pascal Emmenegger, Florian Spychiger, Claudio J. Tessone

Institutions: University of Zurich, ZHAW Zurich University of Applied Sciences

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: gold

Estimated APC paid: $1,600

OpenAlex ID: W4413191643

FWCI:

Cites: 36

Cited by:

Related to: 10