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DTSTART;TZID=Europe/Madrid:20221028T150000
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DESCRIPTION:Evolving to a DAO: How can we make successful DAOs?\n\nThe core
  idea of a decentralized autonomous organization (DAO) is to create an ent
 ity that has no central leadership and has a bottom-up decision-making mod
 el that is governed by the community.\n\nBlockchains enable DAOs by codify
 ing relationships and decision making by means of a smart contract. The sm
 art contract defines mechanisms for the community to govern the decision-m
 aking process in a DAO. One of the main problems that DAOs solve is the pr
 incipal agent dilemma. The asymmetric channel between a principal (such as
  the principals) and agent (such as the CEO) causes mistrust which creates
  an unstable equilibrium.\n\nDAOs on the other hand have run into their ow
 n issues. Being a very new technology and with very few guidelines around 
 them there are several concerns of legality\, security\, and structure. An
 other issue that has been found is that investors in the DAOs are not nece
 ssarily specialists and often make investment decisions that are naïve an
 d scantily informed.\n\nThis presentation focuses on a systems theory appr
 oach informed by evolutionary game theoretic recommendations to build DAOs
 . These will be more stable formations and be beneficial to setting up a d
 ecentralized community of the future.\n\nCo-sponsored by: IEEE Portugal Bl
 ockchain Group\n\nSpeaker(s): Nikhil Varma\, \n\nVirtual: https://events.v
 tools.ieee.org/m/328568
LOCATION:Virtual: https://events.vtools.ieee.org/m/328568
ORGANIZER:blockchain+home.series@ieee-pt.org
SEQUENCE:11
SUMMARY:IEEE@HOME BLOCKCHAIN SERIES 2022: Evolving to a DAO: How can we mak
 e successful DAOs?
URL;VALUE=URI:https://events.vtools.ieee.org/m/328568
X-ALT-DESC:Description: <br /><p><strong>Evolving to a DAO: How can we make
  successful DAOs?</strong></p>\n<p style="font-weight: 400\;">The core ide
 a of a decentralized autonomous organization (DAO) is to create an entity 
 that has no central leadership and has a bottom-up decision-making model t
 hat is governed by the community.</p>\n<p style="font-weight: 400\;">Block
 chains enable DAOs by codifying relationships and decision making by means
  of a smart contract. The smart contract defines mechanisms for the commun
 ity to govern the decision-making process in a DAO. One of the main proble
 ms that DAOs solve is the principal agent dilemma. The asymmetric channel 
 between a principal (such as the principals) and agent (such as the CEO) c
 auses mistrust which creates an unstable equilibrium.</p>\n<p style="font-
 weight: 400\;">DAOs on the other hand have run into their own issues. Bein
 g a very new technology and with very few guidelines around them there are
  several concerns of legality\, security\, and structure. Another issue th
 at has been found is that investors in the DAOs are not necessarily specia
 lists and often make investment decisions that are na&iuml\;ve and scantil
 y informed.</p>\n<p style="font-weight: 400\;">This presentation focuses o
 n a systems theory approach informed by evolutionary game theoretic recomm
 endations to build DAOs. These will be more stable formations and be benef
 icial to setting up a decentralized community of the future.</p>
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