# kaal:claim:3962614-042

**Claim.** The collective wisdom of DAO investment club members helps hedge against purchase risk, and because decentralized governance with loosely and tightly coupled votes will very likely make all tightly coupled votes unanimous, no member loses reputation NFTs.

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

**Holds when.**

- decentralized governance combining loosely and tightly coupled votes

**Source quote.**

> The collective wisdom of DAOIC members helps hedge against purchase risk. Moreover, because the applicable decentralized governance with loosesly and tightly coupled votes will very likely make all tightly coupled votes unanimous, no DAOIC member loses RNFTs

**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 24

**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.** decentralization, governance-design, risk-and-incentives

**Keywords.** collective-wisdom, coupled-votes, decentralized-governance, risk-hedging

**Related claims.**

- specializes: https://wulfkaal.github.io/claims/3782214-030
- extends: https://wulfkaal.github.io/claims/3782214-029

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