# kaal:claim:3949098-035

**Claim.** If the DAOIC is perceived as having a market impact, it could significantly increase corruptive influences from other market players, which in turn increases the likelihood of regulatory intervention, so market neutrality is in the DAOIC's long term interest.

**Type.** failure  **Support.** argued

**Holds when.**

- DAOIC has proliferated and is visible to the market and regulators

**Source quote.**

> Should the DAOIC be perceived as having a market impact, it could significantly increase corruptive influences coming from other market players. This, in turn, increases the likelihood of regulatory interventions.

**From.** Wulf A. Kaal, *Reputation as Capital – How DAOs Upgrade Finance* (2021), IV. Policy Considerations, 3. Market Power, page 30

**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

**Failure mode.** Perceived Market Impact Invites Corruption And Regulation  (family: fraud-and-misconduct)

**Topics.** economics, risk-and-incentives

**Keywords.** market-neutrality, regulatory-risk, corruption, market-power, policy

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.