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VeriDAO: Decentralized NFT Collection Verification
VeriDAO: Decentralized NFT Collection Verification

VeriDAO: Decentralized NFT Collection Verification

Bachelor Thesis, Master Thesis, Project Study or IDP

📌 Key facts

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• Mission: We conduct systematic reviews on different governance processes in blockchain-based systems. We will look at specific governance processes and visualize them. We will also harvest the data of the process and evaluate it regarding factors we define before. If the evaluation is sufficiently good, this can result in a paper publication. • When: Start anytime. Applications are open! • How to apply: Send us an e-mail (at the end of this page) with your CV and a grade report and a tentative research idea (research question, data, and methods, possible outcomes with a tentative outline all in word as *.docx)

Contents

  • 💡 Background
  • 🦾Who We Are
  • 🎯 Goals
  • 🧠 Topics of Interest
  • 🎓 Profile
  • 📚 Further Reading
  • 📄 Requirements to any Work
  • 📬 How to Apply

💡 Background

DAOs - the end of management structures as we know them? DAOs are very new: Launched in 2016, "The DAO" was the first decentralized autonomous organization (DAO) intended to act as an investor-directed venture capital firm. Lauded as a revolutionary project, The DAO raised $150 million USD worth of ether (ETH) and was one of the earliest crowdfunding efforts and high-profile projects built on the Ethereum blockchain - which at the time was only one year old (find more information here). But the new technology is not yet fully sophisticated. The very first project was hacked and $60 million in Ether was stolen. Nevertheless, DAOs offer incredible opportunities in different areas!

OpenSea offers a checkmark called “verified collection” (Example) where they state that this collection is genuine, not scam and not a copy. Many providers rely on this verification. However, this verification is very centralized and completly in the hand of a few employees of OpenSea. In a web3 business, no one alone should have the power to decide what is genuine, scam or a copy or worth a verification tick. We want to create a DAO that creates this verification decentralized.

🦾Who We Are

The Chair for Strategy and Organization is focused on research with impact. This means we do not want to repeat old ideas and base our research solely on the research people did 10 years ago. Instead, we currently research topics that will shape the future. Topics such as Agile Organizations and Digital Disruption, Blockchain Technology, Creativity and Innovation, Digital Transformation and Business Model Innovation, Diversity, Education: Education Technology and Performance Management, HRTech, Leadership, and Teams. We are always early in noticing trends, technologies, strategies, and organizations that shape the future, which has its ups and downs.

🎯 Goals

  • Do extensive desk and internet research analyzing verification systems (OpenSea, Twitter, ...)
  • Create an MVP App that allows for users to decide to verify the collection or not
  • Propose tokenomics for this DAO
  • Develop the game theory behind the verification process
  • Develop die API for the verification and checking process
  • Develop a marketing concept to make this DAO fly

🧠 Topics of Interest

  • DAOs
  • Disruptive business model innovations
  • Game Theory
  • Tokenomics

🎓 Profile

  • Reliable and self-driven
  • Enthusiasm for DAOs / Blockchain / Entrepreneurship
  • Ability to do sophisticated internet, desk research, and connect with practitioners
  • Passionate to learn more about the future and do research with impact

📚 Further Reading

https://opensea.io/

https://showcase.ethglobal.com/nfthack2022/veridao-nft-collection-verification-dao https://support.opensea.io/hc/en-us/articles/360063519133-What-is-a-verified-account-or-collection-

https://www.followchain.org/get-verified-on-opensea/

https://help.twitter.com/de/managing-your-account/about-twitter-verified-accounts

WRIGHT, Aaron. The Rise of Decentralized Autonomous Organizations: Opportunities and Challenges. Stan. J. Blockchain L. & Pol'y, 2020, 4. Jg., S. 1.

HASSAN, Samer; DE FILIPPI, Primavera. Decentralized Autonomous Organization. Internet Policy Review, 2021, 10. Jg., Nr. 2, S. 1-10. (https://www.econstor.eu/bitstream/10419/235960/1/1764253469.pdf)

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📄 Requirements to any Work

We do not want your research to gather dust in some corner of bookshelf but make it accessible to the world. Thus, we warmly encourage you to create some or all of the following:

  • Infograph - visually represent some of your work (find examples here)
  • Slide Deck - summarize your research and possibly present it
  • Extract most important sequences from podcasts, videos, and other media
  • 3-4 Tweets about the most important findings and summarizing the topic
  • optional: Medium Article - let people outside the university know about your research and start your personal brand

📬 How to Apply

If you are interested, please contact Christian Ziegler (e-mail below) by submitting your CV and grade report. Please also briefly outline your tentative research idea (research question, data and methods, possible outcomes with a tentative outline all in word as *.docx)

We're greatly looking forward to hearing more about you!

👉 christian.ziegler@tum.de

© Chair for Strategy and Organization, Technical University of Munich

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