kaal:claim:3981021-019

By giving the power of the endowment to the DAO the donor relinquishes control over the assets in exchange for community governance, and that relinquishment builds trust and community buy in, which in turn secures growth and legacy for the donor's purpose.

Source quote, verbatim

The donor can help mold the community to some extnt but at the same time the donor releases the control to the community. The relinquishment of control builds trust and community buy in. This in turn, ensures growth and legacy for the respective purpose of the donor and the associated DAO.

From

Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021), Fixing Charitable Giving, Equity, p. 21
https://ssrn.com/abstract=3981021 · source PDF

Cite as

Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021). SSRN: https://ssrn.com/abstract=3981021

Holds when

donors willing to cede asset control to a community of experts

Classification

mechanismsupport: arguedgovernance-designreputationdecentralization

Verify

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Attestation record: colloquium/attestations/bfce61c94b1f5df0...json
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