# kaal:claim:3227933-034

**Claim.** 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.

**Type.** predictive  **Support.** argued

**Source quote.**

> 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, page 16

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

**Verify.** sha256 of source PDF `a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202018%20-%20Why%20%27Blockchain%27%20Will%20Disrupt%20Corporate%20Organizations.pdf

**Topics.** dao, economics

**Keywords.** dao, competition, monopoly, cloning

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3227967-031

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.