Incentives in decentralised autonomous organisations
研究了竞争性激励对去中心化自治组织成员努力和成功的影响，发现代币奖励能比合作社等成员所有制组织更有效地激励成员付出努力，为管理者优化组织绩效提供参考。
This study examines the impact of competitive incentives on member effort and organisational success, providing insights for practitioners aiming to optimise the performance of DAOs (Decentralised Autonomous Organisations). By leveraging the power of economic incentives through token rewards, DAOs, a novel form of member-owned organisational structure built on blockchain technology, are able to foster engagement and contributions from their members. Since tokens represent a DAO’s value, in contrast to equity investors, token financing motivates members to apply effort, enabling a DAO to incentivise higher efforts than other member-owned organisations such as cooperatives. This study aims to investigate whether the association between efforts and tokens can effectively motivate members to generate value for DAOs. Our findings seek to assist practitioners in decision-making when selecting the optimal organisational structure based on the number of members and the share of tokens allocated to community rewards.