kaal:claim:4015908-023

If the DAO governing a fair launch is controlled by a handful of people in a foundation setting, decentralized governance metrics are less likely to take hold and the public is correspondingly less likely to benefit from decentralized community governance over the launch.

controlled by a handful of people in a foundation setting, it is less likely that decentralized governance metrics take hold in the DAO. Accordingly, it is less likely that the public can benefit from the decentralized community governance over the fair launch.

Wulf A. Kaal, Fair Token Launch (2022), III.2.d(1) Level of Decentralization, p. 12
https://ssrn.com/abstract=4015908 · source PDF

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

• DAO controlled by a small group in a foundation setting

failuresupport: arguedfailure: Foundation controlled DAOfamily: recentralization-driftdaodecentralizationgovernance-designregulatory-failure

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