kaal:claim:3949098-006

Over time the public market replaces the need for capital commitments by DAOIC members, who continue to earn from their staking work without contributing capital, so the reputation effect grows and uncoupling from capital increases.

The long-term effect here is that the market replaces the need for capital commitments by DAOIC members. The members still continue to benefit from their staking work without the need to contribute capital. Over time, the reputation effect grows and the uncoupling from capital increases.

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021), II. Basic Concept, 1. Reputation Replaces Capital, p. 6
https://ssrn.com/abstract=3949098 · source PDF

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098

• long term operation of the DAOIC
• continued public market participation

predictivesupport: arguedreputation

• restated_by kaal:claim:3962614-040 Over time the members of a DAO investment club do not need capital any longer, because the public market funds...

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