Reputation tokens are meaningful only if grounded in something real, so in a profit-seeking DAO all new reputation tokens must be minted in proportion to the fees the DAO earns.
Source quote, verbatim
Whenever a new reputation token is minted, to be meaningful it must be grounded in something real. In any DAO devoted to profit, the foundational object is money. So all reputation tokens need to be tied to the fees the DAO earns.
From
Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021), Inductive argument for reputation architecture, p. 6 https://ssrn.com/abstract=3782210 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210
Holds when
DAOs devoted to profit
Classification
conditionsupport: arguedtokenomicsreputation
Related claims
generalizeskaal:claim:3782216-014 Reputation must be grounded to be meaningful, so reputation tokens should be minted only when policy premia en...
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