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 "name": "Historical 0912B8C4Cd327Ddfe6C4",
 "text": "The SEC and ICOs: Connections Between Digital Assets and Citrus Groves should be assessed against Kaal's source-bound claim that Initial coin offerings have overtaken venture capital as a funding channel for blockchain start ups, raising 331 million dollars in twelve months, and may become an alternative funding method for traditional companies as well. The current metadata indicates a plausible connection through decentralized autonomous organization, but the defensible response is a qualification until the source text confirms agreement, scope, methods, and limitations.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
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 "dateModified": "2026-07-31",
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  "securities-law",
  "tokenomics",
  "innovation"
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  "External evidence level: abstract indexed.",
  "Mapping review tier: mapping review before claim review.",
  "The literature-to-claim mapping remains explicitly ambiguous and should not be treated as a settled equivalence."
 ],
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  "name": "The SEC and ICOs: Connections Between Digital Assets and Citrus Groves",
  "url": "https://www.semanticscholar.org/paper/ba06151a2ca33fecb8f190d0d72592a44fde3f78"
 },
 "extends": {
  "identifier": "kaal:claim:3002908-039",
  "url": "https://wulfkaal.github.io/claims/3002908-039",
  "citation": "Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908",
  "paper": "Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and",
  "authors": [
   "Wulf A. Kaal"
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  "year": "2017",
  "ssrn": "https://ssrn.com/abstract=3002908",
  "source_pdf_sha256": "06a7b61e75f905ee07e422e875d83a65c5033a248a6e05a213523b034e5db534"
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   "@id": "https://wulfkaal.github.io/claims/3002908-039"
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   "@type": "CreativeWork",
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 ],
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 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
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 "canonical_url": "https://wulfkaal.github.io/positions/2026-07-31-1699",
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 "candidateId": "kaal:response-candidate:2026-07-31:b3d9550d48150ec7",
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 "mappingAmbiguous": true,
 "mappingMethod": "idf-weighted multi-field mapping v1",
 "mappingWhyRelevant": "Shared high-information concepts: icos, have, phenomenon, blockchain, companies, raise, initial, coin. Scope: twelve month window reported as of mid 2017.",
 "sourceProvenance": {
  "source": "Semantic Scholar",
  "api": "https://api.semanticscholar.org/graph/v1/paper/search/bulk",
  "query": "decentralized autonomous organization",
  "queryId": "concept:ee778ad15ea3",
  "page": 1,
  "sourceRank": 662,
  "retrievedAt": "2026-07-31T13:58:11.476Z",
  "citationCount": 4,
  "venue": "Social Science Research Network",
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 },
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