In a DAO, a member's influence and outcomes are determined by the value that member's contributions add to the shared work product, rather than by position in a hierarchy.
Source quote, verbatim
DAOs allow influence and outcomes of DAO members to be determined by the value a DAO member's contributions to the shared work product.
Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783
Holds when
contribution value is measurable and governs influence
Classification
mechanismsupport: arguedinstitutional-design
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