# Failure

`kaal:entity:failure`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `failure`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 1 works, 2022 to 2022.

**2022**

- [4067783-001](https://wulfkaal.github.io/claims/4067783-001) [failure/asserted] *(failure mode)* -- At their worst, DAOs produce ponzi schemes and rug pulls, and these failures damage the credibility and future of web3 as a whole, not just the individual project.
  > At their worst, DAOs result in ponzi schemes and rug pulls that undermine the future of web3 and associated upgrades for humanity.
  Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783
- [4067783-004](https://wulfkaal.github.io/claims/4067783-004) [failure/argued] *(failure mode)* -- Fundraiser DAOs are structurally fragile because they typically lack incentives for meaningful community engagement, so they dissipate once the hype that created them fades.
  > Fundraiser DAOs are vulnerable in multiple ways. They often lack incentives for meaningful community engagement and tend to dissipate with the hype.
  Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783
- [4067783-012](https://wulfkaal.github.io/claims/4067783-012) [mechanism/argued] *(failure mode)* -- The absence of proper decentralized governance built on non-fungible tokens is a key common denominator across DAO failures and rug pulls.
  > The lack of proper decentralized governance with non-fungible tokens is a key common denominator among DAO failures and rug pulls.
  Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/failure.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.