kaal:claim:3949098-031

Once its market position is solidified, the DAOIC could mandate that each token opportunity adopt decentralized governance mechanisms before the DAOIC begins reputation staking on it, using its market power to force governance reform.

Source quote, verbatim

It is conceivable that the DAOIC, over time, once its position in the market has been solidified, mandates the adoption of decentralized governance mechanisms (Calcaterra & Kaal et al (2019) for the governance of each token opportunity

From

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021), IV. Policy Considerations, 1. Standard Setting, p. 26
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

after the DAOIC has solidified its market position

Classification

predictivesupport: speculativeeconomicsdecentralizationgovernance-designtokenomics

Verify

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