Development of a charitable decentralised autonomous organisation (DAO) and setting up reporting processes

Charitable decentralized autonomous organizations (DAOs) have emerged as a promising alternative approach to philanthropy. This thesis investigates the po- tential of charitable DAOs as an alternative to traditional charities, focusing on the technical, governance, and practical aspects of developing and implementing a DAO model tailored to the specific needs of the charity sector. The ultimate goal is to create a more transparent, accountable, and efficient philanthropic land- scape. The methodology employed in this research includes a literature review and short case studies to build a foundational understanding of DAOs and their relevance within the nonprofit sector associated with charitable organizations. Additionally, the research involves the development of a prototype DAO to prac- tically demonstrate the implementation and functioning of the proposed model. The conclusion summarizes the primary findings and contributions of the re- search, discusses limitations and future research directions, and provides implementation recommendations for the DAO as well as the reporting process.