kaal:claim:4067783-004

Fundraiser DAOs are structurally fragile because they typically lack incentives for meaningful community engagement, so they dissipate once the hype that created them fades.

Fundraiser DAOs are vulnerable in multiple ways. They often lack incentives for meaningful community engagement and tend to dissipate with the hype.

Wulf A. Kaal, DAO Fallacies (2022), II.1 Myth #1: Fundraising, p. 5
https://ssrn.com/abstract=4067783 · source PDF

Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783

• DAOs formed primarily to raise funds

failuresupport: arguedfailure: Hype dissipation of fundraiser DAOsfamily: governance-participation-collapsedaorisk-and-incentives

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