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Decentralised Autonomous Organisations (DAOs) are a new type of digital organisation that uses blockchain infrastructure (e.g. smart contracts, tokens) to coordinate a group of people around a shared mission. Like all organisations, DAOs must attract sources of funding and other resources, and discover and retain a talented community and workforce. To do this, they must signal their true quality. Yet the characteristics of the environment that DAOs operate in (pseudonymous actors, global scale, permissionless entry and exit) makes this difficult. We apply costly signalling theory to explore the information asymmetry problem in DAOs and some of the strategies (behaviours and investments) and institutional solutions (including better signalling mechanisms) that have evolved to solve this problem., Comment: European DAO Workshop 24

Managing rapidly growing decentralized gaming communities brings unique challenges at the nexus of cultural economics and technology. This paper introduces a streamlined analytical framework that utilizes Large Language Models (LLMs), in this instance open-access generative pre-trained transformer (GPT) models, offering an efficient solution with deeper insights into community dynamics. The framework aids moderators in identifying pseudonymous actor intent, moderating toxic behavior, rewarding desired actions to avoid unintended consequences of blockchain-based gaming, and gauging community sentiment as communities venture into metaverse platforms and plan for hypergrowth. This framework strengthens community controls, eases onboarding, and promotes a common moral mission across communities while reducing agency costs by 95 pct. Highlighting the transformative role of generative AI, the paper emphasizes its potential to redefine the cost of cultural production. It showcases the utility of GPTs in digital community management, expanding their implications in cultural economics and transmedia storytelling.

Decentralized autonomous organizations (DAOs) are a new, rapidly-growing class of organizations governed by smart contracts. Here we describe how researchers can contribute to the emerging science of DAOs and other digitally-constituted organizations. From granular privacy primitives to mechanism designs to model laws, we identify high-impact problems in the DAO ecosystem where existing gaps might be tackled through a new data set or by applying tools and ideas from existing research fields such as political science, computer science, economics, law, and organizational science. Our recommendations encompass exciting research questions as well as promising business opportunities. We call on the wider research community to join the global effort to invent the next generation of organizations., Comment: includes major coordination problems

Two of the most important technological advancements currently underway are the advent of quantum technologies, and the transitioning of global financial systems towards cryptographic assets, notably blockchain-based cryptocurrencies and smart contracts. There is, however, an important interplay between the two, given that, in due course, quantum technology will have the ability to directly compromise the cryptographic foundations of blockchain. We explore this complex interplay by building financial models for quantum failure in various scenarios, including pricing quantum risk premiums. We call this quantum crypto-economics., Comment: 12 pages, 1 figure