Proposal and Implementation of a Fact-Checking DAO

Abstract

With the spread of blockchain technology, various tokens have been issued in Decentralized Autonomous Organizations (DAOs).DAO is considered to be a leading application of Web3, which is a web that makes use of these tokens, not just to exchange tokens, but to have a positive impact on the real world.DAO is expected to have a potential to improve the efficiency of existing communities and build new types of communities by combining cutting-edge technologies, such as AI, as well as blockchain.Many experiments are being conducted to verify its potential these days.On the other hand, with the spread of Social Networking Service (SNS) and Artificial Intelligence (AI) technologies in society, the problem of disinformation and misinformation has been hurting society at an unprecedented level of impact.It has also been pointed out that there is a risk that it becomes impossible to know what is true and what is false due to the flood of disinformation and misinformation automatically generated by AI on the Internet.To avoid this, increasing fact-checking activities has become an urgent issue.However, the sustainability of fact-checking activities has been questioned due to the lack of human resources for fact-checking and the difficulty of establishing a system to generate revenue solely from fact-checking activities.In this study, we propose a factchecking DAO to address these issues.The novelty of this study is to propose a two-stage platform: production and education of fact-checking.We also implement smart contracts and platforms for the fact-checking DAO, and specifically design user experiences, such as receiving orders and requests for fact-checking on the platform, and using governance tokens to make decisions based on DAO parameters based on democratic voting.Through our fact-checking DAO platform, participants can also learn how to check and verify facts from perspectives by multiple fact-checkers.The strengths and weaknesses of our proposal and future work are also discussed.