kaal:claim:3441904-016

Fungible cryptocurrencies are by their nature a corruptive element because decision makers can be influenced by power that grows with the size of fungible holdings; decentralized decision making therefore requires non fungible payout metrics combined with an indirect fungible payout structure.

Source quote, verbatim

Decentralized decision making necessitates non-fungible payouts metrics combined with an indirect fungible payout structure.

From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), III.1 Centralized Design Elements in the Original 2016 DAO, p. 15
https://ssrn.com/abstract=3441904 · source PDF

Cite as

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

Holds when

decentralized decision making structures
DAO payment and voting designs

Classification

designsupport: arguedrisk-and-incentives

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