# kaal:claim:3441904-046

**Claim.** DAO incentives are intrinsic rather than extrinsic: the core common denominator for all DAO token members is the unifying desire to optimize the DAO structure and reputation token value, whereas hierarchical organizations rely predominantly on extrinsic structures such as wages.

**Type.** mechanism  **Support.** argued

**Holds when.**

- ideal typical DAO governance design parameters

**Source quote.**

> Most hierarchical organizations rely predominantly on extrinsic incentive structures, through wages etc. By contrast, the core common denominator for all DAO token members is the unifying desire to optimize the DAO structure and the DAO reputation token value.

**From.** Wulf A. Kaal, *Blockchain-Based Corporate Governance* (2019), VI. Reforming Corporate Governance, page 42

**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

**Topics.** risk-and-incentives, institutional-design, dao

**Keywords.** intrinsic-motivation, incentive-design, hierarchy, dao

**Related claims.**

- extends: https://wulfkaal.github.io/claims/3373393-031

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