# kaal:claim:3782210-044

**Claim.** A revolutionary new system of decentralized governance is a precondition for the Web3 vision succeeding, and because efficiency requires stability, the steering mechanisms must be subtle.

**Type.** condition  **Support.** argued

**Holds when.**

- decentralized organizations pursuing the Web3 vision

**Source quote.**

> Before any of this Web@ vision of the future has a chance of success, we need a revolutionary new system of decentralized governance.

**From.** Craig Calcaterra, Wulf A. Kaal, *The Importance of Reputation for the Evolution of Decentralization* (2021), Summary, page 16

**Cite as.** Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

**Verify.** sha256 of source PDF `9cc531ab239f6266c8aeddcc8e54f4c06029c44e825444bee137bbcc0c9d0a8e` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20The%20Importance%20of%20Reputation%20for%20the%20Evolution%20of%20Decentralization.pdf

**Topics.** decentralization, governance-design

**Keywords.** decentralized-governance, web3, stability, prerequisites

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