kaal:claim:4685567-028

The existing fund allocation model is afflicted by uninformed voters, sockpuppets and other gamesmanship, by voting with nothing at stake, and by voting with other people's money, and the crowd wisdom of WEB3 communities in the impact certificate model upgrades that model.

Source quote, verbatim
the wisdom of the crowd in the respective WEB3 communities of the impact certificate model upgrades the existing fund allocation model which was afflicted by uninformed voters, sockpuppets, and other gamesmanship, voting with nothing at stake, voting with other people's money.
From

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024), Impact Certificate Marketplace, p. 46
https://ssrn.com/abstract=4685567 · source PDF

Cite as

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024). SSRN: https://ssrn.com/abstract=4685567

Holds when
Classification

failuresupport: assertedfailure: Nothing at Stake Votingfamily: staking-and-incentive-misalignmentinstitutional-design

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