Abstract
Recent research has introduced a decentralized autonomous organization (DAO) managing a house – No1s1 (no-ones-one). While the concept has been technically implemented, it remains open how to govern and maintain the house in a decentralized manner. In this study, we investigate how a DAO can govern and maintain physical assets. For this, we use a design science research methodology coupled with a requirements-driven approach and demonstrate through an artifact how such a governance and maintenance system can be implemented. The proposed system features two tokens rewarding active interaction with the physical house, leading to a local community. We evaluate the system with a scenario-based study with users, showing how the community can govern and maintain the house. Thus, the paper contributes to a better understanding of how a DAO with physical assets can be governed and interact with these assets, and to a better understanding of blockchain governance in general.