# kaal:claim:3441904-018

**Claim.** Participants must be incentivized to improve their own utility while simultaneously benefiting the institution over the long run; without that duality of incentivization, rational and opportunistic internal and external constituents will attempt to game the governance design.

**Type.** condition  **Support.** argued

**Holds when.**

- all blockchain governance structures, especially on chain governance

**Source quote.**

> Without that duality of incentivization, rational and opportunistic internal and external constituents will attempt to game the governance design.

**From.** Wulf A. Kaal, *Blockchain-Based Corporate Governance* (2019), III.2 Lack of Proper Incentivization, page 16

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

**Verify.** sha256 of source PDF `e6b562527f7f19accaa35491db0a0db168b6a936755e1dca424e9f30bee7a815` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Blockchain-Based%20Corporate%20Governance.pdf

**Failure mode.** single-sided-incentives  (family: staking-and-incentive-misalignment)

**Topics.** ai-and-agents, risk-and-incentives, governance-design, regulatory-failure, dao

**Keywords.** incentive-alignment, on-chain-governance, gaming, dao

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3652481-019
- restated_by: https://wulfkaal.github.io/claims/3808873-037
- restated_by: https://wulfkaal.github.io/claims/3799320-013
- generalizes: https://wulfkaal.github.io/claims/3799320-014
- generalizes: https://wulfkaal.github.io/claims/3808873-038

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