Experiments in algorithmic governance : A history and ethnography of “The DAO,” a failed decentralized autonomous organization

This study traces the rise and fall of this emerging technology, and details the governance structures that were promised and hoped for, and those that were actually observed in its discourses. Through 2016-2017, these discourses were collected from online discussions and subsequently analysed. Using computer-assisted, qualitative analysis and coding, I traced the discursive strategies of the developers and the community of investors, identifying: 1) questions of legal authority, 2) tensions in practical governance, and 3) admissions of the inherent complexity of bringing to life an algorithmic and experimental organizational model.