# kaal:claim:3962614-038

**Claim.** In the non custodial DAO investment club model all of the return on purchase is minted into fungible reputation tokens that get paid as reputation salaries following decentralized governance, which provides the best incentive alignment for members and the highest potential return for all involved.

**Type.** design  **Support.** argued

**Holds when.**

- the non custodial DAO investment club model with smart contracts

**Source quote.**

> In this model, all of the ROP is minted into fungible reputation tokens that get paid as reputation salaries following decentralized governance. This model provides the best incentive alignment for DAOIC members with the highest potential return for all involved.

**From.** Wulf A. Kaal, *REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu* (2021), V.4. Incentive Optimized Reputation Model with Smart Contracts, page 22

**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

**Topics.** ai-and-agents, risk-and-incentives, reputation

**Keywords.** daoic, incentive-alignment, reputation-salary, non-custodial

**Related claims.**

- specializes: https://wulfkaal.github.io/claims/3441904-038
- restates: https://wulfkaal.github.io/claims/3949098-029
- specializes: https://wulfkaal.github.io/claims/3799320-029

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