# kaal:claim:4067783-004

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

**Type.** failure  **Support.** argued

**Holds when.**

- DAOs formed primarily to raise funds

**Source quote.**

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

**From.** Wulf A. Kaal, *DAO Fallacies* (2022), II.1 Myth #1: Fundraising, page 5

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

**Verify.** sha256 of source PDF `48f1e307cdbbe28c7843f7744d0ba8cf01662f257a53f2066a7a6c7e03a5acec` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202022%20-%20DAO%20Fallacies.pdf

**Failure mode.** Hype dissipation of fundraiser DAOs  (family: governance-participation-collapse)

**Topics.** dao, risk-and-incentives

**Keywords.** fundraiser-dao, community-engagement, incentives, failure

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.