# Smart contract governance

`kaal:entity:smart-contract-governance`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `smart-contract-governance`. 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 3 works, 2017 to 2021.

**2017**

- [3067615-038](https://wulfkaal.github.io/claims/3067615-038) [design/asserted] -- ICO promoters should make significant and ongoing disclosures on vesting and lockup periods and should never manipulate the smart contract to change ICO sales rules mid-course during the offering.
  > Moreover, ICO promoters should include significant and ongoing disclosures on vesting and lockup periods, should never manipulate the smart contract to change ICO sales rules mid-course during the ICO.
  Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017). SSRN: https://ssrn.com/abstract=3067615

**2021**

- [3782203-023](https://wulfkaal.github.io/claims/3782203-023) [condition/argued] -- For mutually beneficial long-term cooperation to thrive, contracts must be reviewable on the assumption of good faith from both parties when unintended consequences arise.
  > For mutually-beneficial, long-term cooperation to thrive, it is nec- essary to allow review of contracts assuming good faith from both parties when unin- tended consequences arise.
  Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021). SSRN: https://ssrn.com/abstract=3782203
- [3799320-012](https://wulfkaal.github.io/claims/3799320-012) [failure/argued] *(failure mode)* -- Under current securities laws, DAOs governed solely by smart contracts are restricted in pooling assets and generating profit, because those laws limit their ability to fund ecosystem development and deploy capital efficiently.
  > Under current laws, DAOs solely governed by smart contracts are restricted in their ability to pool assets and generate profit because securities laws limit their ability to fund ecosystem development and deploy capital efficiently.
  Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320

## 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/smart-contract-governance.md | sha256sum

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