If reputation whales stake reputation on a project and the market commits the capital for that stake, the whales should still receive part of the ROI because it is their reputation that is at stake, and they are not required to commit capital or to support capital calls with liquidity.
Source quote, verbatim
If whales stake but the market commits for their stake with capital, whales should still have the right to receive (part of) the ROI because it is their reputation that is at stake. Whales are not required to commit capital and don't have to support capital calls with liquidity.
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
whale reputation that has become meaningful through a track record
Classification
mechanismsupport: arguedreputation
Related claims
extendskaal:claim:3949098-040 Replacing capital with reputation increases liquidity because reputation takes over part of the role of capita...
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