kaal:claim:3227967-031

DAOs will eventually overtake any organization that lacks their incentives and efficiencies, and because DAOs are cheap and straightforward to clone this will potentially lead to more competition.

Source quote, verbatim

we also concluded (as we did in class) that DAOs will eventually overtake any organization which lacks 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, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018), IX. Coding for Lawyers, p. 30
https://ssrn.com/abstract=3227967 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018). SSRN: https://ssrn.com/abstract=3227967

Holds when

comparison with organizations lacking DAO incentives and efficiencies

Classification

predictivesupport: argueddaoblockchaineconomicsinstitutional-design

Related claims

restates kaal:claim:3227933-034 DAOs will replace many organizations that lack their incentive structures and efficiencies, and because DAOs a...

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