# kaal:claim:3949098-031

**Claim.** 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.

**Type.** predictive  **Support.** speculative

**Holds when.**

- after the DAOIC has solidified its market position

**Source quote.**

> 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, page 26

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

**Verify.** sha256 of source PDF `04297905564a6092b2db7640561f58fd374d3114c79527357bad09d11b909819` at 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

**Topics.** economics, decentralization, governance-design, tokenomics

**Keywords.** market-power, standard-setting, decentralized-governance, token-opportunities, policy

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