DAO Primitives

Here we analyze the abstract building blocks of a DAO.

Fundamental Considerations

• Individuals are creative, and have goals and needs
• Individuals can choose to coordinate their actions
  • This can be considered a social phenomenon
  • These actions and reactions aggregate into group behavior

• Group behaviors have effects
  • Individuals within the group
  • The group considered as a whole
  • Outside the group

We desire to build a system with the following properties:

• The system accrues benefit to its users, both internal and public
• The behavior of the system can be steered by the collective will of participants

We call such a system a Self-Governing DAO (Decentralized Autonomous Organization).