{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/positions/2026-07-31-6053",
 "identifier": "kaal:position:2026-07-31-6053",
 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming Governance Token D27Dce9959",
 "text": "Governance-Token presents the following source proposition: Philipp Bauer examines this token category from a corporate- and securities law perspective. This proposition is pertinent to Kaal's source-bound claim that Merely calling a token a utility token, or structuring it so that it provides some utility, does not prevent the token from being characterized as a security. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "datePublished": "2026-07-31",
 "dateModified": "2026-07-31",
 "creativeWorkStatus": "Affirmed",
 "responseType": "extension",
 "keywords": [
  "tokenomics",
  "securities-law",
  "historical-response",
  "scholarly-literature",
  "openalex"
 ],
 "scope_conditions": [
  "The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.",
  "External evidence level: abstract indexed.",
  "Mapping review tier: moderate-confidence claim review.",
  "Primary mapping confidence: 0.3761.",
  "The source-to-claim mapping remains explicitly ambiguous and is published with that limitation."
 ],
 "currentDebate": {
  "name": "Governance-Token",
  "url": "https://doi.org/10.1628/978-3-16-164149-7"
 },
 "extends": {
  "identifier": "kaal:claim:4021599-021",
  "url": "https://wulfkaal.github.io/claims/4021599-021",
  "citation": "Wulf A. Kaal, Securities Versus Utility Tokens (2022). SSRN: https://ssrn.com/abstract=4021599",
  "paper": "Wulf A. Kaal, Securities Versus Utility Tokens",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2022",
  "ssrn": "https://ssrn.com/abstract=4021599",
  "source_pdf_sha256": "bb03790af46b3710e306121cfae25f850e3e7477e0f95313af42b9feeb6bc0c4"
 },
 "isBasedOn": [
  {
   "@id": "https://wulfkaal.github.io/claims/4021599-021"
  },
  {
   "@type": "CreativeWork",
   "name": "Governance-Token",
   "url": "https://doi.org/10.1628/978-3-16-164149-7"
  }
 ],
 "batch_id": "kaal-review:2026-07-31:streaming-etl-0003",
 "review_provenance": "https://kaal-signal-desk.wulf577462.chatgpt.site/#review",
 "publicationStatus": "public",
 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/positions/index.json"
 },
 "version": "1.0",
 "canonical_url": "https://wulfkaal.github.io/positions/2026-07-31-6053",
 "canonicalForm": "https://wulfkaal.github.io/positions/2026-07-31-6053.md",
 "candidateId": "kaal:response-draft:2026-07-31:b4826d9dd672e76f7570",
 "evidenceLevel": "abstract indexed",
 "reviewTier": "moderate-confidence claim review",
 "mappingConfidence": 0.3761,
 "mappingAmbiguous": true,
 "mappingMethod": "idf-weighted multi-field mapping v1",
 "mappingWhyRelevant": "Shared high-information concepts: token, securities, law, perspective, security. Scope: United States regulatory characterization.",
 "sourceProvenance": {
  "source": "openalex",
  "sourceRecordId": "https://openalex.org/W4406434965",
  "queryId": "concept:ee778ad15ea3",
  "queryText": "decentralized autonomous organization",
  "canonicalUrl": "https://doi.org/10.1628/978-3-16-164149-7",
  "doi": "10.1628/978-3-16-164149-7",
  "externalIds": {
   "OpenAlex": "https://openalex.org/W4406434965",
   "DOI": "10.1628/978-3-16-164149-7"
  },
  "retrievedAt": "2026-07-31T17:52:10.435Z",
  "providerPage": 8,
  "rawObservationSha256": "079370767a21aeffb2c723a4c7d67acebdb440c2983ffc2d8a46d2b9903e3e4f",
  "inputSnapshotSha256": "bdb2cd83e925a3abd26bab9a4375d1355c1d8fbab8736869dc7845f3ba159924",
  "inputLine": 8880,
  "chunkId": "openalex-00003",
  "workId": "work:doi:10.1628/978-3-16-164149-7",
  "workAuthors": [
   "Philipp Bauer"
  ],
  "workPublishedAt": "2025-01-01",
  "identityKeys": [
   "doi:10.1628/978-3-16-164149-7",
   "openalex:https://openalex.org/w4406434965",
   "url:https://doi.org/10.1628/978-3-16-164149-7",
   "title:f504887e3b8ce3edf18989ff",
   "proposition:9df6df0f94d397ad2d897a820f36a66cebb3c5a6da06c43bec43d637c17649f9"
  ],
  "sourceProposition": "Philipp Bauer examines this token category from a corporate- and securities law perspective.",
  "sourcePropositionSha256": "0c4762bdccdb07b144a4ee0e6d70ccb5670b2ca6f7e52140bdfa1f854fec279f",
  "sourcePropositionIndex": 1,
  "claimMappings": [
   {
    "claimId": "kaal:claim:4021599-021",
    "claimUrl": "https://wulfkaal.github.io/claims/4021599-021",
    "rank": 1,
    "confidence": 0.3761,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: token, securities, law, perspective, security. Scope: United States regulatory characterization.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3249860-024",
    "claimUrl": "https://wulfkaal.github.io/claims/3249860-024",
    "rank": 2,
    "confidence": 0.3712,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: token, category, securities, law, security. Scope: N=100 dataset; utility category aggregates network, network value, usage, and work token subtypes.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:4021599-012",
    "claimUrl": "https://wulfkaal.github.io/claims/4021599-012",
    "rank": 3,
    "confidence": 0.3467,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: token, securities, law, security, regulation. Scope: review source claim scope.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:2337268-035",
    "claimUrl": "https://wulfkaal.github.io/claims/2337268-035",
    "rank": 4,
    "confidence": 0.3417,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: governance, corporate, securities, law, regulation. Scope: providers of electronic bulletin boards posting securities information.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:2715083-040",
    "claimUrl": "https://wulfkaal.github.io/claims/2715083-040",
    "rank": 5,
    "confidence": 0.3221,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: securities, law, business, regulation. Scope: if proposed Rule 18f-4 is adopted as proposed; alternative mutual funds relying on derivatives.",
    "ambiguous": true
   }
  ]
 },
 "userAffirmation": "I affirm batch kaal-review:2026-07-31:streaming-etl-0003, SHA-256 8afd77518bf3e6dff3e21ea20524a254cd29e7e4678a80362a24c26c8dc039e2, as written and authorize publication of all 250 response claims on my canonical property, preserving their evidence levels, ambiguity labels, provenance, and the unchanged 5,033 scholarly claims.",
 "sha256": "7e09eadcbe8d5596c9ea7e0d2916682f6445270c3b2d7dca15e6dccb97e40619"
}