kaal:claim:3782210-015

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

generalizes kaal: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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