kaal:claim:3782201-027

Because DAO performance assessment is based on optimizing fungible token value rather than on hierarchical or political processes, the focus on token value enhancement can lead to short termism and may cause ethical and governance issues to be ignored.

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

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021), The 2016 DAO, p. 24
https://ssrn.com/abstract=3782201 · source PDF

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201

• DAO designs inheriting the path dependencies of the 2016 DAO
• fungible token based membership

failuresupport: arguedfailure: token value short termismfamily: scalability-and-throughput-limitdaogovernance-designrisk-and-incentivestokenomics

• restated_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...
• 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...
• extends kaal:claim:3652481-010 A DAO focus on the value enhancement of fungible tokens can produce short termism and lead the organization to...

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