kaal:claim:2998033-029

Blockchain platforms for fund formation lower start up and compliance costs, which especially enables new and future managers to enter the market rather than merely benefiting existing managers.

the lower operating costs enabled by the platform models will especially enable new and future managers to enter the market because the start-up costs and compliance costs can be significantly reduced.

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), IV.3. Pressure on Fee Structure, p. 25
https://ssrn.com/abstract=2998033 · source PDF

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

• applies to platform models such as Melonport and Drago

mechanismsupport: arguedrisk-and-incentivescompliance

• restates kaal:claim:2959730-038 Lower operating costs enabled by blockchain platform models will especially enable new and future managers to ...

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