{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3949098-027",
 "identifier": "kaal:claim:3949098-027",
 "text": "Against the view that firm commitment underwriting is antithetical to decentralization, Kaal argues it in fact further enhances the level of decentralization.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Reputation as Capital – How DAOs Upgrade Finance",
  "datePublished": "2021",
  "url": "https://ssrn.com/abstract=3949098",
  "sha256": "04297905564a6092b2db7640561f58fd374d3114c79527357bad09d11b909819",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20Reputation%20as%20Capital%20%E2%80%93%20How%20DAOs%20Upgrade%20Finance.pdf"
 },
 "keywords": [
  "decentralization",
  "defi",
  "governance-design"
 ],
 "about": [
  "decentralization",
  "firm-commitment-underwriting",
  "contested-view",
  "governance"
 ],
 "abstract": "While firm commitment underwriting may be seen as antithetical to decentralization, it in fact further enhances the level of decentralization.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "firm commitment underwriting by the DAOIC member collective"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/d655e06a5eae406aa75ee1095497de154daaadd52b2fd54dca437a154abe2d20.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "generalizes",
     "to": "https://wulfkaal.github.io/claims/4685567-019",
     "to_id": "kaal:claim:4685567-019",
     "similarity": 0.415
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "d655e06a5eae406aa75ee1095497de154daaadd52b2fd54dca437a154abe2d20",
 "canonicalForm": "https://wulfkaal.github.io/claims/3949098-027.md"
}