# kaal:claim:3962614-012

**Claim.** Traditional VCs struggle in the digital asset market because of that market's significant volatility and because they lack expertise in a market still dominated by several key specialized players.

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

**Holds when.**

- traditional VCs entering digital asset markets

**Source quote.**

> Among those are the significant volatility of the digital asset market and lacking expertise of traditional VCs in the digital asset market which is still dominated by several key specialized players.

**From.** Wulf A. Kaal, *REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu* (2021), II.2. Digital Asset VC Market, page 10

**Cite as.** Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614

**Verify.** sha256 of source PDF `c6e202e77fd08db801f932774026458b94e5d103abf30cb1189fe6a1c5edf391` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20REPUTATION%20AS%20CAPITAL%20%E2%80%93%20How%20Decentralized%20Autonomous%20Organizations%20Address%20Shortcomings%20in%20the%20Ventu.pdf

**Failure mode.** Traditional VC digital asset disadvantage  (family: incumbent-resistance-to-adoption)

**Topics.** economics

**Keywords.** digital-assets, vc-expertise, market-volatility, specialization

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