Demo: Decentralized Autonomous Organization with Centralized Crisis Resolution

Abstract

Decentralized autonomous organizations (DAOs) offer transparency and integrity in decision-making, but their decentralized structure presents challenges during times of crisis. Our paper implements and demonstrates a solution to this issue by introducing a quasi DAO (qDAO) that allows for centralized decision-making when necessary. By modifying smart contracts and introducing new rules, we strike a balance between decentralization and centralized management, offering potential opportunities for improved crisis management in DAOs. We present a demo of our qDAO implementation on the local Ethereum testnet, along with a web application for user input. Our approach expands the possibilities of DAO administrator control while maintaining the integrity and auditability of DAO operations.