Over time the members of a DAO investment club do not need capital any longer, because the public market funds the deals and members get paid through the twenty percent public return on purchase that is minted into fungible reputation tokens.
Source quote, verbatim
Over time, the members of the DAOIC do not need capital any longer. All they need is the ability to stake RNFTs on newly proposed incoming deals. The public market funds the deals and the DAO members get paid via the 20% public ROP minting to fungible reputation token.
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, p. 23 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
mature phases of a DAO investment club with public co purchase
Classification
mechanismsupport: arguedreputationeconomics
Related claims
extendskaal:claim:3949098-037 Kaal characterizes the 20 percent of public return on purchases as an access to information fee, paid to the D...
restateskaal:claim:3949098-006 Over time the public market replaces the need for capital commitments by DAOIC members, who continue to earn f...
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