kaal:claim:4067783-015

Governance in most DAOs is severely underdeveloped, which leaves a minority of stakeholders defining governance, and that minority control in turn produces mediocre and poorly developed proposals.

Source quote, verbatim
Governance is severely underdeveloped in most DAOs which results typically in a minority of stakeholders that define governance. This, in turn, often result in mediocre and poorly-developed proposals.
From

Wulf A. Kaal, DAO Fallacies (2022), II.3 Myth #3: Ungovernable, p. 8
https://ssrn.com/abstract=4067783 · source PDF

Cite as

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

Holds when
Classification

mechanismsupport: arguedfailure: Minority stakeholder governance capturefamily: plutocratic-capturegovernance-designdao

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