Abstract

Decentralized Autonomous Organizations (DAOs) have emerged as blockchain-based organizations enabling novel forms of self-governance and tech-enabled organizing. In this paper, we focus on the governance of DAOs. DAO governance is a dynamic human-machine governance system transforming how online communities work, organize, own and co-govern their projects in the digital realm. In this article, we review one decade of multidisciplinary research of organization, management, and information studies to understand the implications of DAO governance. Our review reveals the main concepts that explain DAO governance mechanisms, processes, actors, and typologies. Our review also highlights the main challenges DAO governance faces. We propose using Polycentric governance theory to face these challenges and open new streams for future research on DAO governance.

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