kaal:claim:4015908-013

Small market cap launches at very cheap initial prices carry the potential for team and whale purchase abuses, which is why equitable treatment of the public requires significant project-controlled liquidity.

Source quote, verbatim
Small market cap launches at very cheap initial prices bring with them the potential abuses of team and whale purchases.
From

Wulf A. Kaal, Fair Token Launch (2022), III.2.c(2) Liquidity, p. 9
https://ssrn.com/abstract=4015908 · source PDF

Cite as

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

Holds when
Classification

failuresupport: arguedfailure: Cheap small cap launch capturefamily: plutocratic-capturedefieconomics

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/28a81970a3f806dd...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4015908-013.md | sha256sum