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 "text": "Proof of personhood projects such as Proof of Humanity and UBI DAO fail because they rest on web-of-trust theory, which has been proven not to work long-term given the sockpuppet attacks that are inevitable in that design.",
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 "citation": "Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783",
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