kaal:claim:3652481-010

A DAO focus on the value enhancement of fungible tokens can produce short termism and lead the organization to ignore ethical and governance issues.

Yet, the focus on the value enhancement of fungible tokens can lead to short termism and may ignore ethical and governance issues.

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), III.1 Path Dependencies, p. 22
https://ssrn.com/abstract=3652481 · source PDF

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481

• fungible tokens are the dominant value metric

failuresupport: arguedfailure: fungible token short termismfamily: short-termismtokenomicsrisk-and-incentives

• restated_by kaal:claim:3799320-005 The focus on value enhancement of fungible tokens can drive short termism in DAOs and cause ethical and govern...
• extended_by kaal:claim:3808852-016 The DAO focus on enhancing the value of fungible tokens can produce short termism and can cause ethical and go...
• extended_by kaal:claim:3782201-027 Because DAO performance assessment is based on optimizing fungible token value rather than on hierarchical or ...

The quote above is an exact substring of the source PDF, whose sha256 is 530b3a40c244aeca2eb4c53f4c9b4d6b2962bd6be9f92b4ebe17139c17f4c0e0. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/57e5418e7b69e2ea...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3652481-010.md | sha256sum