Application of Soulbound Tokens for Decentralised Autonomous Organizations in Architecture
M. Deinega (Student TU Delft)
Daniel M. Hall (TU Delft - Design & Construction Management)
T. Dounas (Heriot-Watt University, ArchiDAO)
H. McDonald (ArchiDAO)
S. Prokop (ArchiDAO, Czech Technical University)
J. Vele (ArchiDAO, Czech Technical University)
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Abstract
Decentralized project delivery in architecture faces challenges related to transparency, accountability, and role definition. This paper explores the application of Soulbound Tokens (SBTs) as a governance and recordkeeping mechanism within decentralized autonomous organizations (DAOs). Using a systematic review of practice, the paper identifies five opportunities for SBTs, proposes an operating framework for SBTs with respect to record-keeping (e.g., skills, contributions) and project governance (e.g, voting power, reputation), and describes one case of technical implementation of SBTs. Future research can improve this technical implementation or develop additional decentralised applications for SBT skills verification and governance mechanisms.