Reputation based staking removes the corruptive elements of fungible tokens because a third party is less likely to be able to take over a non fungible asset such as reputation that was organically grown and maintained through actual expertise in the DAO's subject matter.
Source quote, verbatim
The corruptive elements of fungible assets/tokens are removed because third parties are less likely able to take over a non-fungible asset, such as reputation, that is organically grown and maintained through actual expertise in a given DAO subject matter.
From
Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), IV.1.b On-Chain Governance, p. 39 https://ssrn.com/abstract=3652481 · source PDF
Cite as
Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481
restateskaal:claim:3441904-041 Reputation based staking removes the corruptive elements of fungible tokens from voting because third parties ...
restated_bykaal:claim:3799320-028 Reputation based staking removes the corruptive elements of fungible tokens because third parties are less lik...
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