Reputation can underwrite tokenized assets and provide immutable guarantees for them, and with reputation staked guarantees tokenized assets can over time function like real assets.
Source quote, verbatim
Reputation can be used to underwrite tokenized assets and provide immutable guarantees for tokenized assets. With reputation staked guarantees on tokenized assets such tokenized assets can, over time, exist like real assets.
Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098
Holds when
reputation is meaningful and secure
guarantors stake reputation and associated cashflow streams
Classification
mechanismsupport: arguedtokenomicsreputationdefi
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