# kaal:claim:3962614-043

**Claim.** Reputation as capital has the potential to lower capital requirements for VC businesses significantly and to increase liquidity at unprecedented levels, because VCs can sell their fungible reputation tokens to the market as needed.

**Type.** predictive  **Support.** argued

**Holds when.**

- a functioning market for fungible reputation tokens

**Source quote.**

> Reputation as capital has the potential to lower capital requirements for VC businesses significantly and increase liquidity at unprecedented levels because VCs fungible reputation tokens can be sold to the market as needed by.

**From.** Wulf A. Kaal, *REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu* (2021), VI. Conclusion, page 25

**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, defi, innovation

**Keywords.** reputation-as-capital, capital-requirements, liquidity, venture-capital

**Related claims.**

- specializes: https://wulfkaal.github.io/claims/3949098-004
- extends: https://wulfkaal.github.io/claims/3949098-007

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