kaal:claim:3949098-028

In phase 1 the benefits of decentralization remain relatively small because the presumably homogenous DAOIC member group generates little dissent in reputation based decision making.

The DAOIC member group is also presumably homogenous, dissent will be small in the RFNT-based decision-making processes. Accordingly, the benefits from decentralization are still relatively small in phase 1.

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021), III. Toy Model, 1. Phase 1 - Priming the Pump, p. 19
https://ssrn.com/abstract=3949098 · source PDF

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

• small and homogenous membership
• phase 1 of the DAOIC life cycle

failuresupport: arguedfailure: Homogeneity Suppresses Decentralization Benefitsfamily: governance-participation-collapsedecentralization

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