{"id":"https://openalex.org/W4407637769","doi":"https://doi.org/10.1109/tcss.2025.3539889","title":"Understanding DAOs: An Empirical Study on Governance Dynamics","display_name":"Understanding DAOs: An Empirical Study on Governance Dynamics","publication_year":2025,"publication_date":"2025-02-17","ids":{"openalex":"https://openalex.org/W4407637769","doi":"https://doi.org/10.1109/tcss.2025.3539889"},"language":"en","primary_location":{"id":"doi:10.1109/tcss.2025.3539889","is_oa":true,"landing_page_url":"https://doi.org/10.1109/tcss.2025.3539889","pdf_url":null,"source":{"id":"https://openalex.org/S2490693980","display_name":"IEEE Transactions on Computational Social Systems","issn_l":"2329-924X","issn":["2329-924X","2373-7476"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Computational Social Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.1109/tcss.2025.3539889","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100422823","display_name":"Qin Wang","orcid":"https://orcid.org/0000-0003-2264-749X"},"institutions":[{"id":"https://openalex.org/I1292875679","display_name":"Commonwealth Scientific and Industrial Research Organisation","ror":"https://ror.org/03qn8fb07","country_code":"AU","type":"government","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I4387156119"]},{"id":"https://openalex.org/I42894916","display_name":"Data61","ror":"https://ror.org/03q397159","country_code":"AU","type":"other","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I42894916","https://openalex.org/I4387156119"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Qin Wang","raw_affiliation_strings":["CSIRO Data61, Sydney, NSW, Australia"],"raw_orcid":"https://orcid.org/0000-0003-2264-749X","affiliations":[{"raw_affiliation_string":"CSIRO Data61, Sydney, NSW, Australia","institution_ids":["https://openalex.org/I1292875679","https://openalex.org/I42894916"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5072542706","display_name":"Guangsheng Yu","orcid":"https://orcid.org/0000-0002-6111-1607"},"institutions":[{"id":"https://openalex.org/I114017466","display_name":"University of Technology Sydney","ror":"https://ror.org/03f0f6041","country_code":"AU","type":"education","lineage":["https://openalex.org/I114017466"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Guangsheng Yu","raw_affiliation_strings":["The University of Technology Sydney, Sydney, NSW, Australia"],"raw_orcid":"https://orcid.org/0000-0002-6111-1607","affiliations":[{"raw_affiliation_string":"The University of Technology Sydney, Sydney, NSW, Australia","institution_ids":["https://openalex.org/I114017466"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5034536215","display_name":"Yilin Sai","orcid":"https://orcid.org/0000-0002-4007-7788"},"institutions":[{"id":"https://openalex.org/I1292875679","display_name":"Commonwealth Scientific and Industrial Research Organisation","ror":"https://ror.org/03qn8fb07","country_code":"AU","type":"government","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I4387156119"]},{"id":"https://openalex.org/I42894916","display_name":"Data61","ror":"https://ror.org/03q397159","country_code":"AU","type":"other","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I42894916","https://openalex.org/I4387156119"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Yilin Sai","raw_affiliation_strings":["CSIRO Data61, Sydney, NSW, Australia"],"raw_orcid":"https://orcid.org/0000-0002-4007-7788","affiliations":[{"raw_affiliation_string":"CSIRO Data61, Sydney, NSW, Australia","institution_ids":["https://openalex.org/I1292875679","https://openalex.org/I42894916"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5074997466","display_name":"Caijun Sun","orcid":"https://orcid.org/0000-0003-1529-3179"},"institutions":[{"id":"https://openalex.org/I4210123185","display_name":"Zhejiang Lab","ror":"https://ror.org/02m2h7991","country_code":"CN","type":"facility","lineage":["https://openalex.org/I4210123185"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Caijun Sun","raw_affiliation_strings":["Zheliang Lab, Hangzhou, Zhejiang Province, P. R. China"],"raw_orcid":"https://orcid.org/0000-0003-1529-3179","affiliations":[{"raw_affiliation_string":"Zheliang Lab, Hangzhou, Zhejiang Province, P. R. China","institution_ids":["https://openalex.org/I4210123185"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5087863108","display_name":"Lam Duc Nguyen","orcid":"https://orcid.org/0000-0003-0161-3055"},"institutions":[{"id":"https://openalex.org/I1292875679","display_name":"Commonwealth Scientific and Industrial Research Organisation","ror":"https://ror.org/03qn8fb07","country_code":"AU","type":"government","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I4387156119"]},{"id":"https://openalex.org/I42894916","display_name":"Data61","ror":"https://ror.org/03q397159","country_code":"AU","type":"other","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I42894916","https://openalex.org/I4387156119"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Lam Duc Nguyen","raw_affiliation_strings":["CSIRO Data61, Sydney, NSW, Australia"],"raw_orcid":"https://orcid.org/0000-0003-0161-3055","affiliations":[{"raw_affiliation_string":"CSIRO Data61, Sydney, NSW, Australia","institution_ids":["https://openalex.org/I1292875679","https://openalex.org/I42894916"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5043470959","display_name":"Shiping Chen","orcid":"https://orcid.org/0000-0002-4603-0024"},"institutions":[{"id":"https://openalex.org/I1292875679","display_name":"Commonwealth Scientific and Industrial Research Organisation","ror":"https://ror.org/03qn8fb07","country_code":"AU","type":"government","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I4387156119"]},{"id":"https://openalex.org/I42894916","display_name":"Data61","ror":"https://ror.org/03q397159","country_code":"AU","type":"other","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I42894916","https://openalex.org/I4387156119"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Shiping Chen","raw_affiliation_strings":["CSIRO Data61, Sydney, NSW, Australia"],"raw_orcid":"https://orcid.org/0000-0002-4603-0024","affiliations":[{"raw_affiliation_string":"CSIRO Data61, Sydney, NSW, Australia","institution_ids":["https://openalex.org/I1292875679","https://openalex.org/I42894916"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":2645,"currency":"USD","value_usd":2645},"apc_paid":{"value":2645,"currency":"USD","value_usd":2645},"fwci":17.5987,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.98977231,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":98,"max":99},"biblio":{"volume":"12","issue":"5","first_page":"2814","last_page":"2832"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11939","display_name":"Public-Private Partnership Projects","score":0.21469999849796295,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11939","display_name":"Public-Private Partnership Projects","score":0.21469999849796295,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-governance","display_name":"Corporate governance","score":0.5298528671264648},{"id":"https://openalex.org/keywords/dynamics","display_name":"Dynamics (music)","score":0.48402756452560425},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.45871856808662415},{"id":"https://openalex.org/keywords/empirical-research","display_name":"Empirical research","score":0.43978214263916016},{"id":"https://openalex.org/keywords/economic-geography","display_name":"Economic geography","score":0.33576440811157227},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.31342941522598267},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.2450403869152069},{"id":"https://openalex.org/keywords/sociology","display_name":"Sociology","score":0.22301805019378662},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.2091044783592224},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.15172317624092102},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.13373151421546936}],"concepts":[{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.5298528671264648},{"id":"https://openalex.org/C145912823","wikidata":"https://www.wikidata.org/wiki/Q113558","display_name":"Dynamics (music)","level":2,"score":0.48402756452560425},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.45871856808662415},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.43978214263916016},{"id":"https://openalex.org/C26271046","wikidata":"https://www.wikidata.org/wiki/Q187097","display_name":"Economic geography","level":1,"score":0.33576440811157227},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.31342941522598267},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2450403869152069},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.22301805019378662},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2091044783592224},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.15172317624092102},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.13373151421546936},{"id":"https://openalex.org/C19417346","wikidata":"https://www.wikidata.org/wiki/Q7922","display_name":"Pedagogy","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tcss.2025.3539889","is_oa":true,"landing_page_url":"https://doi.org/10.1109/tcss.2025.3539889","pdf_url":null,"source":{"id":"https://openalex.org/S2490693980","display_name":"IEEE Transactions on Computational Social Systems","issn_l":"2329-924X","issn":["2329-924X","2373-7476"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Computational Social Systems","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1109/tcss.2025.3539889","is_oa":true,"landing_page_url":"https://doi.org/10.1109/tcss.2025.3539889","pdf_url":null,"source":{"id":"https://openalex.org/S2490693980","display_name":"IEEE Transactions on Computational Social Systems","issn_l":"2329-924X","issn":["2329-924X","2373-7476"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Computational Social Systems","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W1520914943","https://openalex.org/W2150593711","https://openalex.org/W2290533330","https://openalex.org/W2781658203","https://openalex.org/W2972732491","https://openalex.org/W3089495820","https://openalex.org/W3121385022","https://openalex.org/W3134196592","https://openalex.org/W3140662957","https://openalex.org/W3153670037","https://openalex.org/W3176850267","https://openalex.org/W3186717497","https://openalex.org/W3201743855","https://openalex.org/W3211314335","https://openalex.org/W4221130735","https://openalex.org/W4238805501","https://openalex.org/W4283212941","https://openalex.org/W4310496836","https://openalex.org/W4383220748","https://openalex.org/W4384009751","https://openalex.org/W4384026488","https://openalex.org/W4388144714","https://openalex.org/W4389298289","https://openalex.org/W4389312517","https://openalex.org/W4399364154","https://openalex.org/W4401719369","https://openalex.org/W4401721107","https://openalex.org/W4404977062","https://openalex.org/W4407593002","https://openalex.org/W4411232325"],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W2617513755","https://openalex.org/W2376072061","https://openalex.org/W409584353","https://openalex.org/W2884584982","https://openalex.org/W1550308580","https://openalex.org/W1548924100","https://openalex.org/W2485974778","https://openalex.org/W4301337664","https://openalex.org/W1605519360"],"abstract_inverted_index":{"As":[0,40],"a":[1,149,176,203],"typical":[2],"instance":[3],"of":[4,9,29,41,78,102,141,151,168,178,193,209],"human\u2013computer":[5],"interaction,":[6],"the":[7,30,63,68,74,79,93,103,139,191,199,222],"notion":[8],"decentralized":[10],"autonomous":[11],"organization":[12,16],"(DAO)":[13],"represents":[14],"an":[15],"constructed":[17],"by":[18,38,71],"automatically":[19],"executed":[20],"rules,":[21],"such":[22,159],"as":[23,160],"via":[24],"smart":[25],"contracts,":[26],"incorporating":[27],"features":[28],"permissionless":[31],"committee,":[32],"transparent":[33],"proposals,":[34],"and":[35,76,110,117,127,166,181,207,215],"fair":[36],"contributions":[37],"stakeholders.":[39],"May":[42],"2023,":[43],"DAO":[44,80,97,105,132,200],"has":[45,147],"impacted":[46],"over":[47,138],"$24.3B":[48],"market":[49],"caps.":[50],"However,":[51],"there":[52],"are":[53],"limited":[54],"studies":[55],"focused":[56],"on":[57,205],"this":[58,88],"emerging":[59],"field.":[60],"To":[61],"fill":[62],"gap,":[64],"we":[65,121],"start":[66],"from":[67,125,130],"ground":[69],"truth":[70],"empirically":[72],"studying":[73],"breadth":[75],"depth":[77],"markets":[81],"in":[82,87,221],"mainstream":[83],"public":[84],"chain":[85],"ecosystems":[86],"article.":[89],"We":[90,170],"dive":[91],"into":[92,175],"most":[94],"widely":[95],"adoptable":[96],"launchpad,Snapshot,":[98],"which":[99],"covers":[100],"95%":[101],"wild":[104],"projects":[106],"for":[107],"data":[108,119,129],"collection":[109],"analysis.":[111],"By":[112],"integrating":[113],"extensively":[114],"enrolled":[115],"DAOs":[116],"corresponding":[118],"measurements,":[120],"explore":[122],"statistical":[123],"resources":[124],"Snapshot":[126],"analyze":[128],"581":[131],"projects,":[133],"encompassing":[134],"16":[135],"246":[136],"proposals":[137],"course":[140],"3+":[142],"years.":[143],"Our":[144],"empirical":[145],"research":[146],"uncovered":[148],"multitude":[150],"previously":[152],"unknown":[153],"facts":[154],"about":[155],"DAOs,":[156],"spanning":[157],"topics":[158],"their":[161,185],"status,":[162],"features,":[163],"performance,":[164],"threats,":[165],"ways":[167],"improvement.":[169],"have":[171],"distilled":[172],"these":[173],"findings":[174],"series":[177],"key":[179],"insights":[180],"takeaway":[182],"messages,":[183],"emphasizing":[184],"significance.":[186],"Notably,":[187],"our":[188],"study":[189],"is":[190],"first":[192],"its":[194],"kind":[195],"to":[196],"comprehensively":[197],"examine":[198],"ecosystem":[201],"with":[202],"focus":[204],"scale":[206],"scope":[208],"data,":[210],"real-time":[211],"relevance,":[212],"practical":[213],"implementations,":[214],"comprehensive":[216],"metrics,":[217],"addressing":[218],"critical":[219],"gaps":[220],"current":[223],"literature.":[224]},"counts_by_year":[{"year":2026,"cited_by_count":7},{"year":2025,"cited_by_count":8}],"updated_date":"2026-08-21T09:56:20.448147","created_date":"2025-10-10T00:00:00"}
