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The Perception of Smart Contracts for Governance of the Metaverse

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Jonas OppenlaenderAuthors Info & Claims

Academic Mindtrek '22: Proceedings of the 25th International Academic Mindtrek Conference

Pages 1 - 8

https://doi.org/10.1145/3569219.3569300

Published: 16 November 2022 Publication History

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Abstract

Smart contracts are a method for implementing direct democracy in virtual worlds. However, it is not clear whether voting preferences in the virtual world will mirror real-world voting preferences. We present a within-subject study in which participants were asked to allocate voting power in two scenarios. The first scenario probed participants’ opinion about the divisibility of voting rights. The second scenario presented participants with the case of unequal allocation of voting power in a virtual world, enforced by smart contracts. In both scenarios, participants allocated voting power and rated the fairness of their decision. Our study finds that participants’ voting preferences in the virtual world scenario did not mirror their real-world preferences and beliefs. Voting systems in the metaverse need to be carefully designed to align with human values and ethics.

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The Perception of Smart Contracts for Governance of the Metaverse

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Academic Mindtrek '22: Proceedings of the 25th International Academic Mindtrek Conference

November 2022

407 pages

ISBN:9781450399555

DOI:10.1145/3569219

Copyright © 2022 ACM.

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Published: 16 November 2022

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Academic Mindtrek 2022

Academic Mindtrek 2022: 25th International Academic Mindtrek conference

November 16 - 18, 2022

Tampere, Finland

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Cited By

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https://doi.org/10.1515/icom-2024-0019
Kuraś POrganiściak PKowal BStrzałka DDemidowski K(2024)Integration of payment systems in the metaverse – challenges and the future of e-commerce in the virtuale-mentor10.15219/em103.1650103:1(73-85)Online publication date: 30-Apr-2024
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Hohendanner MUllstein CMiyamoto DHuffman ESocher GGrossklags JOsawa H(2024)Metaverse Perspectives from Japan: A Participatory Speculative Design Case StudyProceedings of the ACM on Human-Computer Interaction10.1145/36869398:CSCW2(1-51)Online publication date: 8-Nov-2024
https://dl.acm.org/doi/10.1145/3686939
Al Ghanmi HBahsoon R(2024)ExplanaSC: A Framework for Determining Information Requirements for Explainable Blockchain Smart ContractsIEEE Transactions on Software Engineering10.1109/TSE.2024.340863250:8(1984-2004)Online publication date: 1-Aug-2024
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Kharvi P(2023)Security Risks, User Privacy Risks, and a Trust Framework for the Metaverse Space2023 IEEE International Conference on Metaverse Computing, Networking and Applications (MetaCom)10.1109/MetaCom57706.2023.00033(119-123)Online publication date: Jun-2023
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Safitra MAlhari MPutri DLubis MFakhrurroja HSatria Praditha V(2023)Metaverse Trend: Definition, Application, Opportunities, Law, and Ethics2023 IEEE International Conference on Computing (ICOCO)10.1109/ICOCO59262.2023.10397864(160-165)Online publication date: 9-Oct-2023
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