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NFT-enabled organization design: prospects, promises and hurdles

Author

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  • Patrick Nicolas Tinguely

    (ETH Zurich)

  • Yash Raj Shrestha

    (University of Lausanne)

Abstract

Non-fungible tokens (NFTs) are digital assets based on blockchain technology that are increasingly being used for various applications in organizations. Given NFTs’ unique technological features, we posit that traditional, centralized organizations can adopt them to introduce novel solutions to the fundamental problems of organizing, namely, division of labor and integration of efforts. We examine the prospects and promises of NFT-enabled organization design and suggest how organizations can navigate its potential hurdles. We discuss critical boundary conditions for the deployment of NFTs in organization design and conclude by articulating how our Point of View article contributes to scholarship on blockchain technology and decentralized autonomous organizations (DAOs).

Suggested Citation

  • Patrick Nicolas Tinguely & Yash Raj Shrestha, 2024. "NFT-enabled organization design: prospects, promises and hurdles," Journal of Organization Design, Springer;Organizational Design Community, vol. 13(1), pages 23-31, March.
    • Handle: RePEc:spr:jorgde:v:13:y:2024:i:1:d:10.1007_s41469-023-00154-w
    DOI: 10.1007/s41469-023-00154-w
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