kaal:claim:3962614-041

Removing capital as a necessity for deal participation creates a very high level of flexibility for DAO investment club members, allowing them to invest without ever being forced to invest, and making capital calls entirely unnecessary.

Source quote, verbatim

The removal of capital as a necessity for deal participation creates a very high level of flexibility for DAOIC members. It allows the DAOIC members to invest if they so choose but it does not force them to invest, under any conditions. Capital calls are entirely unnecessary.

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

DAO investment club phases where the public market funds deals

Classification

mechanismsupport: arguedinstitutional-design

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