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.

Source quote, verbatim

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.

From

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

Cite as

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

Holds when

small and homogenous membership
phase 1 of the DAOIC life cycle

Classification

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

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