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Decoding Decentralized Autonomous Organizations: A Content Analysis Approach to Understanding Scoring Platforms

Author

Listed:
  • Christian Ziegler

    (TUM School of Management, Technical University of Munich, 80333 Munich, Germany)

  • Syeda Rabab Zehra

    (TUM School of Management, Technical University of Munich, 80333 Munich, Germany)

Abstract

This paper evaluates the scoring platforms for decentralized autonomous organization (DAO), examining their methodologies and highlighting their strengths and limitations. Using content analysis, we scrutinize the scoring methodologies of the Prime Rating, DAO Meter, and DeFi Safety platforms, evaluating code, documentation, security, team composition, governance, and regulatory compliance. We analyze the underlying assumptions and data sources relied upon by these platforms, using a content analysis approach. Our investigation furnishes valuable information for stakeholders, aiming to evaluate or enhance DAO scoring methodologies used by scholars and practitioners in the finance and blockchain fields. By contributing to a more rigorous understanding of DAO performance assessment, this paper supports informed decision making and promotes the development of a dependable and efficient scoring system for the decentralized financial ecosystem.

Suggested Citation

  • Christian Ziegler & Syeda Rabab Zehra, 2023. "Decoding Decentralized Autonomous Organizations: A Content Analysis Approach to Understanding Scoring Platforms," JRFM, MDPI, vol. 16(7), pages 1-12, July.
    • Handle: RePEc:gam:jjrfmx:v:16:y:2023:i:7:p:330-:d:1192821
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    References listed on IDEAS

    as
    1. Hassan, Samer & De Filippi, Primavera, 2021. "Decentralized Autonomous Organization," Internet Policy Review: Journal on Internet Regulation, Alexander von Humboldt Institute for Internet and Society (HIIG), Berlin, vol. 10(2), pages 1-10.
    2. Cristiano Bellavitis & Christian Fisch & Paul P. Momtaz, 2023. "The rise of decentralized autonomous organizations (DAOs): a first empirical glimpse," Venture Capital, Taylor & Francis Journals, vol. 25(2), pages 187-203, April.
    Full references (including those not matched with items on IDEAS)

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