kaal:claim:3227933-034
DAOs will replace many organizations that lack their incentive structures and efficiencies, and because DAOs are cheap and straightforward to clone, their proliferation will increase competition while their distributed and anonymous nature prevents natural and political monopolies.
Source quote, verbatim
When we look at the strengths and advantages, we can conclude that DAOs will replace many organizations that lack these incentives and efficiencies. Moreover, DAOs are cheap and straightforward to "clone," which will potentially lead to more competition.
From
Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 7. Decentralized Autonomous Organizations, p. 16
https://ssrn.com/abstract=3227933 · source PDF
Cite as
Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933
Classification
predictivesupport: argueddaoeconomics
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