The DAOIC pools no assets: the smart contract releases each member's deposit directly to the project after validation pool approval, and returns on purchases are likewise not pooled but paid pro rata to members in proportion to their reputation token holdings.
Source quote, verbatim
releases the deposit directly to the project. No pooling of assets takes place. The ROP from each deal is also not pooled but rather paid out pro rata to the DAOIC members in proportion to their RNFT holdings.
From
Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021), IV. Policy Considerations, 4. Decentralized Coordination, p. 31 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
non custodial DAOIC model coordinated by smart contracts
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