{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3652481-030",
 "identifier": "kaal:claim:3652481-030",
 "text": "The one token one vote designs popular in the early 2020s produced suboptimal voting outcomes because they allocate more power to holders of a large share of total token supply, leaving majority holders more powerful than all remaining holders combined.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Decentralized Autonomous Organizations – Internal Governance and External Legal Design",
  "datePublished": "2020",
  "url": "https://ssrn.com/abstract=3652481",
  "sha256": "530b3a40c244aeca2eb4c53f4c9b4d6b2962bd6be9f92b4ebe17139c17f4c0e0",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202020%20-%20Decentralized%20Autonomous%20Organizations%20%E2%80%93%20Internal%20Governance%20and%20External%20Legal%20Design.pdf"
 },
 "keywords": [
  "tokenomics",
  "governance-design"
 ],
 "about": [
  "one-token-one-vote",
  "plutocracy",
  "voting-design",
  "token-governance"
 ],
 "abstract": "Suboptimal voting outcomes in existing decentralized protocols were associated with the then popular one-token-one-vote voting mechanisms. A one- token-one-vote design allocates more power to token holders who have a significant share of the total supply of a given token.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "failure"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "one token one vote voting mechanisms"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": true
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/29025cf252d310a2bf3588e9e9e177c88ad0ec873afae7f454a80fdff8deae26.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "restated_by",
     "to": "https://wulfkaal.github.io/claims/3799320-027",
     "to_id": "kaal:claim:3799320-027",
     "similarity": 0.646
    },
    {
     "rel": "restated_by",
     "to": "https://wulfkaal.github.io/claims/3808873-039",
     "to_id": "kaal:claim:3808873-039",
     "similarity": 0.463
    },
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/3441904-021",
     "to_id": "kaal:claim:3441904-021",
     "similarity": 0.461
    },
    {
     "rel": "extended_by",
     "to": "https://wulfkaal.github.io/claims/3981021-028",
     "to_id": "kaal:claim:3981021-028",
     "similarity": 0.373
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "29025cf252d310a2bf3588e9e9e177c88ad0ec873afae7f454a80fdff8deae26",
 "canonicalForm": "https://wulfkaal.github.io/claims/3652481-030.md"
}