# kaal:claim:3782203-033

**Claim.** Anonymity increases rather than decreases the value of reputation tokens, because when potential business partners have less knowledge of a counterparty's identity, the number of reputation tokens held becomes the more important signal.

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

**Holds when.**

- anonymous or pseudonymous networks
- incomplete information about counterparties

**Source quote.**

> When potential business partners have less knowledge of your identity, the knowledge from the number of reputation tokens you hold becomes more important.

**From.** Craig Calcaterra, Wulf A. Kaal, *A Technical Perspective on Decentralization* (2021), Application to reputation tokens, page 21

**Cite as.** Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021). SSRN: https://ssrn.com/abstract=3782203

**Verify.** sha256 of source PDF `ab8a22d0dbb026a09212a4c85963f3c05787cf80775e8613ae3724e3883e7a56` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20A%20Technical%20Perspective%20on%20Decentralization.pdf

**Topics.** reputation, tokenomics

**Keywords.** reputation-tokens, anonymity, signaling, incomplete-information, meritocracy

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3981021-034

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