kaal:claim:3808852-016

The DAO focus on enhancing the value of fungible tokens can produce short termism and can cause ethical and governance issues to be ignored, even as it frees non-performance reputational penalties from racial and cultural bias.

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

Wulf A. Kaal, Decentralization and Feedback Effects (2021), III. Organizational Decentralization, p. 12
https://ssrn.com/abstract=3808852 · source PDF

Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852

• applies where DAO membership is organized around fungible token value

failuresupport: arguedfailure: token value short termismfamily: scalability-and-throughput-limitdaorisk-and-incentivesgovernance-designtokenomics

• restates kaal:claim:3799320-005 The focus on value enhancement of fungible tokens can drive short termism in DAOs and cause ethical and govern...
• restates kaal:claim:3782201-027 Because DAO performance assessment is based on optimizing fungible token value rather than on hierarchical or ...
• extends kaal:claim:3652481-010 A DAO focus on the value enhancement of fungible tokens can produce short termism and lead the organization to...
• extends kaal:claim:3373393-033 Non-performance reputational penalties in a DAO are entirely free from racial or cultural biases, because the ...

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