# kaal:claim:6819121-013

**Claim.** A visibility paradox holds across every segment: categories producing visible artifacts score consistently above the midpoint while categories producing invisible governance infrastructure score consistently below it.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- forty operational DAOs against the thirteen-category rubric

**Source quote.**

> Categories that produce visible artifacts, token launches, treasury balances, mission statements, marketplace activity, contract automation, score consistently above 5 across the dataset. Categories that produce invisible institutional infrastructure, legal wrappers, judicial branches, AI alignment policies, on-chain reputation ledgers, agent-identity protocols, score consistently below 5.

**From.** Wulf A. Kaal, *The Institutional Deficit in Decentralized Autonomous Organizations - An Empirical Analysis* (2026), VI. Findings, Finding 1, page 16

**Cite as.** Wulf A. Kaal, The Institutional Deficit in Decentralized Autonomous Organizations - An Empirical Analysis (2026). SSRN: https://ssrn.com/abstract=6819121

**Verify.** sha256 of source PDF `f04b274f926d23848e77b429a13227baed9858b90fec826ddaabd2acca7035fe` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20The%20Institutional%20Deficit%20in%20Decentralized%20Autonomous%20Organizations%20-%20An%20Empirical%20Analysis.pdf

**Topics.** dao, institutional-design, empirical-evidence, risk-and-incentives

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