The novelty of reputation as capital lies in the decentralized and democratized capital allocation functionality enabled by the DAO design.
Source quote, verbatim
The novelty of "Reputation as Capital" lies in the decentralized and democratized capital allocation functionality enabled by the DAO design.
From
Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021), IV. Reputation as Capital, p. 14 https://ssrn.com/abstract=3962614 · source PDF
Cite as
Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
Holds when
a VC DAO built on reputation tokens
Classification
definitionalsupport: assertedreputationdao
Related claims
extendskaal:claim:3396542-033 The design's innovative features stem from tokens serving several purposes at once: as reward for risk taking ...
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