# kaal:claim:3962614-040

**Claim.** 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.

**Type.** mechanism  **Support.** argued

**Holds when.**

- mature phases of a DAO investment club with public co purchase

**Source quote.**

> 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, page 23

**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.** reputation, economics

**Keywords.** capital-replacement, reputation-staking, daoic, public-market

**Related claims.**

- extends: https://wulfkaal.github.io/claims/3949098-037
- restates: https://wulfkaal.github.io/claims/3949098-006

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