Our project aims to conduct in-depth research on the dynamics of the Voluntary Carbon Market's blockchain-based ecosystem. This emerging market represents one of the first significant markets being influenced and transformed by Web3 technologies. We hope to gain valuable insights into decentralized governance on both intra- and inter-organizational levels and novel forms of organization that can inspire not only the Web3 world.

Necessity

For several reasons, understanding the dynamics of the Voluntary Carbon Market's blockchain-based ecosystem is crucial. Firstly, it allows us to explore how Web3 technologies reshape traditional markets and industries, paving the way for more sustainable and transparent practices. Secondly, by studying decentralized governance models within this ecosystem, we can uncover innovative approaches to governance and collaboration that have broader implications for organization design. Lastly, this research will contribute to a deeper understanding of how blockchain technology can be leveraged to address global challenges such as climate change.

How your donation helps

By mapping the core organizations and interactions within the Voluntary Carbon Market's blockchain-based ecosystem, we will provide valuable insights into its evolution over time. This research will shed light on governance structures, organizational characteristics, and collaborative dynamics within the ecosystem. These findings can inform policymakers, industry leaders, and researchers seeking to understand and replicate successful models of decentralized governance in various sectors. Under this project, we plan to create a series of case studies of core organizations in the ecosystem. We will leverage insights from these case studies together with datasets on inter-organizational ties (networks) to explore the dynamics of the ecosystem. We will make all the underlying datasets as well as any research papers publicly available. By supporting our project, you will advance our understanding of decentralized governance, organizational design, and the transformative potential of Web3 technologies in traditional markets. Your donation will enable us to produce comprehensive research on the Voluntary Carbon Market's blockchain-based ecosystem.

Our research group

The project will be conducted by a research group at Masaryk University, Czech Republic, led by Michal Jirásek, Ph.D. We are an open-minded group of young scholars with network ties into both the traditional academic world (e.g., top-ranking universities in the Netherlands or Germany) and several Web3 projects (especially DAOs focused on the Voluntary Carbon Market). See Michal’s profile on Google Scholar.

Progress

We have already made some progress on this project. We have conducted several studies on the Voluntary Carbon Market's blockchain-based ecosystem, including a published case study on Klima DAO in the Journal of Organization Design. Additionally, we have ongoing work-in-progress studies that further explore different aspects of this ecosystem.

Eligibility

We have a track record of conducting impactful research in various domains (strategic management, innovations, etc.). Although research on DAOs, or more broadly on Web3, represents a relatively new domain for us, we have already published several studies and have other ones in the late stage of progress.