# kaal:claim:3249860-017

**Claim.** Many token whitepapers omit information necessary for a full economic analysis, and the research team could not find a single project among the top 100 that had examined blockchain governance fully.

**Type.** failure  **Support.** evidenced

**Holds when.**

- whitepapers of the top 100 cryptocurrencies by market capitalization as of April 2018

**Source quote.**

> Many whitepapers do not include all the information that would generally be necessary for a full economic analysis. For instance, the researchers could not find a project that had examined blockchain governance fully.

**From.** Wulf A. Kaal, *Crypto Economics - The Top 100 Token Models Compared* (2018), III. Methodology & Data, page 11

**Cite as.** Wulf A. Kaal, Crypto Economics - The Top 100 Token Models Compared (2018). SSRN: https://ssrn.com/abstract=3249860

**Verify.** sha256 of source PDF `72b13f11002ba26206cd53e74c324b913d1830c642bfa024da6bac0d3af3a7b0` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202018%20-%20Crypto%20Economics%20-%20The%20Top%20100%20Token%20Models%20Compared.pdf

**Failure mode.** incomplete-governance-disclosure  (family: disclosure-ineffectiveness)

**Topics.** governance-design, disclosure, tokenomics

**Keywords.** whitepapers, governance, disclosure-gaps, token-design

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