kaal:claim:3808873-034

Because basic standards for the governance of digital assets were still missing at the beginning of the 2020s, the digital asset market stagnated and decentralized finance remained in its infancy; without standards and governance, certainty and market confidence cannot develop.

At the beginning of the 2020s, basic standards for the governance of digital assets were still missing. As a result, the digital asset market stagnated and DeFi (decentralized finance) remained in its infancy.

Wulf A. Kaal, Decentralization Neutralizers (2021), XI. Lack of Decentralized Governance Systems, p. 29
https://ssrn.com/abstract=3808873 · source PDF

Wulf A. Kaal, Decentralization Neutralizers (2021). SSRN: https://ssrn.com/abstract=3808873

• digital asset markets at the beginning of the 2020s

conditionsupport: arguedfailure: Standards Vacuum Market Stagnationfamily: harmonization-and-standardization-failuregovernance-designdefieconomics

• restated_by kaal:claim:3949098-032 Without standards for digital assets it will be very difficult to increase regulatory certainty or coordinate ...
• generalizes kaal:claim:3936876-001 Fully compliant legal custody solutions for digital assets increase legal certainty and mainstream investor co...

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