Legal Service Delivery and Support for the DAO Ecosystem

Abstract

The Distributed Autonomous Organization (DAO) development community seeks to decentralize decision making and reduce the imposition of non-consensual constraints on organizational operations to the greatest extent possible. Deploying blockchain, cryptocurrency, smart contracts and Artificial Intelligence applications, a virtual organization can be created through emerging technologies which functions autonomously in a decentralized manner. A DAO allows its members to democratize decision making through approved rules and policies which are executed automatically consistent with the group’s decentralized decisions. In contrast, the world’s legal systems and the enforcement of their decisions represent a highly centralized approach to making agreements and resolving disputes that arise from them. This paper will make the case for and recommend the operational details of a new and complete legal ecosystem for the DAO community. Deploying the benefits of decentralized decision making and problem solving, LegalDAOs can be developed to augment distributed autonomous consensus serving the community in lieu of coercive, hierarchical and non-consensual decision making.