{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/positions/2026-07-31-6266",
 "identifier": "kaal:position:2026-07-31-6266",
 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming Value Creation And Capture In Decentralized Finance Markets Non Fungible Efc4Fad229",
 "text": "Value creation and capture in decentralized finance markets: Non-fungible tokens as a class of digital assets presents the following source proposition: Especially, non-fungible token (NFT) assets within DeFi are redefining how value is created and disseminated, for instance, in the art industry. This proposition is pertinent to Kaal's source-bound claim that Exit by selling reputation tokens is more problematic for reputation than for other cryptocurrency tokens, because reputation is less fungible: a token's value is tied to the specific post in which the reputation was created and is subject to separate review. 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": [
  "defi",
  "reputation",
  "economics",
  "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: 0.3599.",
  "The source-to-claim mapping remains explicitly ambiguous and is published with that limitation."
 ],
 "currentDebate": {
  "name": "Value creation and capture in decentralized finance markets: Non-fungible tokens as a class of digital assets",
  "url": "https://doi.org/10.1007/s12525-023-00658-z"
 },
 "extends": {
  "identifier": "kaal:claim:3949098-013",
  "url": "https://wulfkaal.github.io/claims/3949098-013",
  "citation": "Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098",
  "paper": "Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2021",
  "ssrn": "https://ssrn.com/abstract=3949098",
  "source_pdf_sha256": "04297905564a6092b2db7640561f58fd374d3114c79527357bad09d11b909819"
 },
 "isBasedOn": [
  {
   "@id": "https://wulfkaal.github.io/claims/3949098-013"
  },
  {
   "@type": "CreativeWork",
   "name": "Value creation and capture in decentralized finance markets: Non-fungible tokens as a class of digital assets",
   "url": "https://doi.org/10.1007/s12525-023-00658-z"
  }
 ],
 "batch_id": "kaal-review:2026-07-31:streaming-etl-0004",
 "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/2026-07-31-6266",
 "canonicalForm": "https://wulfkaal.github.io/positions/2026-07-31-6266.md",
 "candidateId": "kaal:response-draft:2026-07-31:f0abfa09bae792be8d49",
 "evidenceLevel": "abstract indexed",
 "reviewTier": "moderate-confidence claim review",
 "mappingConfidence": 0.3599,
 "mappingAmbiguous": true,
 "mappingMethod": "idf-weighted multi-field mapping v1",
 "mappingWhyRelevant": "Shared high-information concepts: value, finance, fungible, tokens, token, defi, created, capital. Scope: a member wants to exit by selling reputation tokens at fair market value.",
 "sourceProvenance": {
  "source": "openalex",
  "sourceRecordId": "https://openalex.org/W4386167497",
  "queryId": "concept:ee778ad15ea3",
  "queryText": "decentralized autonomous organization",
  "canonicalUrl": "https://doi.org/10.1007/s12525-023-00658-z",
  "doi": "10.1007/s12525-023-00658-z",
  "externalIds": {
   "OpenAlex": "https://openalex.org/W4386167497",
   "DOI": "10.1007/s12525-023-00658-z"
  },
  "retrievedAt": "2026-07-31T17:52:15.619Z",
  "providerPage": 14,
  "rawObservationSha256": "d664d22d487b830d6faf69cc9b47d34e9ec9ef3395417a4970ecb2c20eefb576",
  "inputSnapshotSha256": "bdb2cd83e925a3abd26bab9a4375d1355c1d8fbab8736869dc7845f3ba159924",
  "inputLine": 10072,
  "chunkId": "openalex-00001",
  "workId": "work:doi:10.1007/s12525-023-00658-z",
  "workAuthors": [
   "Jan Schwiderowski",
   "Asger Balle Pedersen",
   "Jonas Kasper Jensen",
   "Roman Beck"
  ],
  "workPublishedAt": "2023-08-25",
  "identityKeys": [
   "doi:10.1007/s12525-023-00658-z",
   "openalex:https://openalex.org/w4386167497",
   "url:https://doi.org/10.1007/s12525-023-00658-z",
   "title:0eac295ed8852b615f1b9d63",
   "proposition:75f4b1dc71ee607c862ee0e7c9044e09ebf1661cf59d00a29d826f589b8c4c0a"
  ],
  "sourceProposition": "Especially, non-fungible token (NFT) assets within DeFi are redefining how value is created and disseminated, for instance, in the art industry.",
  "sourcePropositionSha256": "f65fabefb80f32fe2c69eef06069eab122b2df2bff28f3acd283571bb2bd28dc",
  "sourcePropositionIndex": 0,
  "claimMappings": [
   {
    "claimId": "kaal:claim:3949098-013",
    "claimUrl": "https://wulfkaal.github.io/claims/3949098-013",
    "rank": 1,
    "confidence": 0.3599,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: value, finance, fungible, tokens, token, defi, created, capital. Scope: a member wants to exit by selling reputation tokens at fair market value.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3949098-003",
    "claimUrl": "https://wulfkaal.github.io/claims/3949098-003",
    "rank": 2,
    "confidence": 0.3556,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: value, finance, fungible, tokens, assets, token, defi, capital. Scope: a system exists that securely tracks reputation token value.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3949098-014",
    "claimUrl": "https://wulfkaal.github.io/claims/3949098-014",
    "rank": 3,
    "confidence": 0.3355,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: finance, non, fungible, tokens, defi, market, capital. Scope: firm commitment underwriting deals; public portion undersubscribed; member lacks liquid capital.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3949098-010",
    "claimUrl": "https://wulfkaal.github.io/claims/3949098-010",
    "rank": 4,
    "confidence": 0.3195,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: finance, non, fungible, tokens, defi, capital. Scope: DAOIC operating model with RNFT staking separated from capital commitment.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3949098-029",
    "claimUrl": "https://wulfkaal.github.io/claims/3949098-029",
    "rank": 5,
    "confidence": 0.3178,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: finance, fungible, tokens, token, defi, capital. Scope: phase 2, capital allocation phase; capital to reputation ratio moving toward 50/50.",
    "ambiguous": true
   }
  ]
 },
 "userAffirmation": "I affirm batch kaal-review:2026-07-31:streaming-etl-0004, SHA-256 76656a95748a5e70056673ed7e170eaf52eb7b843129dad96311bc6e84b0ce9f, 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": "8723e08ee6ca14cc17f359a03cba4b7652139712d91acf29f11d284f788e1e03"
}
