kaal:claim:4015908-006

Fair launches shift capital formation from venture capitalism toward altruistic capitalism, because a digital asset startup that can successfully raise capital through a fair launch becomes less reliant on venture capital.

Source quote, verbatim

In essence, if a digital asset startup can successfully raise capital from a fair launch, the startup will be less inclined/reliant on venture capital.

From

Wulf A. Kaal, Fair Token Launch (2022), III.1 Market Performance, p. 5
https://ssrn.com/abstract=4015908 · source PDF

Cite as

Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

Holds when

startup can successfully raise capital via fair launch

Classification

mechanismsupport: arguedinnovation

Verify

The quote above is an exact substring of the source PDF, whose sha256 is e0925afde0c42a16cd5310983789fae3eb3d1f121e2954a72afa64191d00fe37. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/61288dfb4030b0e3...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4015908-006.md | sha256sum