# kaal:claim:3962614-039

**Claim.** Because the public co purchases alongside DAO investment club members and expects to pay for the right to benefit from the collective wisdom of those members and the deal pipeline they generate, the public should expect to pay the usual two and twenty fees.

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

**Holds when.**

- public co purchase alongside a DAO investment club

**Source quote.**

> Because the public co-purchases with the DAOIC members and expects to pay a price for the right to benefit from the collective wisdom of the DAOIC members and the deal pipeline they can together generate, the public should expect to pay the usual 2/20 fees.

**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.** economics

**Keywords.** fee-structure, collective-wisdom, daoic, public-market

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