Reputation tokens serve as claims on the future cash flows generated by the DAO, with cash flows in fungible cryptocurrencies paid in proportion to each member's non fungible reputation token holding.
Source quote, verbatim
Second, reputation tokens serve as claims on the future cash flows generated by the DAO. The cashflows in the form of fungible cryptocurrencies are paid in proportion to each DAO members' non-fungible reputation token holding.
From
Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021), IV. Reputation as Capital, p. 15 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 DAO that distributes returns as reputation salaries
Classification
designsupport: arguedreputationdao
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