Category: Investment Funds

Investment Funds

The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory

🚨 New paper drop: “The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory” by Wulf A. Kaal. AI agents negotiating, producing, and reinvesting value in fully autonomous loops—independent of human labor or consumption—are shattering core economic assumptions: scarcity dissolves, bounded rationality vanishes, transaction costs hit zero. Welcome to the Coasean Singularity and Agentic Decoupling. […]

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Liquid Equity Rewards: Enhancing Shareholder Loyalty Amid Rising Activism

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5583610#:~:text=LER’s%20contributions%20include%20the%20potential,capital%20shift%20to%20risk%20assets. By Dr. Wulf A. KaalAssociate Professor of Law, University of St. Thomas School of Law Shareholders have evolved from passive investors into active participants, often driving transformative agendas through activism. Proxy contests, in which investors seek to influence or seize board control, have proliferated, imposing substantial financial burdens on companies—estimated in the billions—and contributing […]

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New Book – Fresh off the press TODAY

Fresh off the press TODAY: “Decentralized Autonomous Organizations Market Meta Analysis” by Wulf Kaal! Discover how DAOs are disrupting governance, finance, & more—analyzing 50 top DAOs for trends, challenges, & breakthroughs. A must-read for #Web3 builders! “DAOs offer decentralized, transparent alternatives to corps.” DOI: 10.1561/2900000040 https://nowpublishers.com/article/Details/ISY-040 #DAOs#Blockchain#Crypto

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Securities Versus Utility Tokens

    

Abstract The nomenclature for the term “securities token” is unclear and the term securities token has not been defined. The lack of a clearly delineated nomenclature resulted in various uses and interpretations of the term securities token, especially vis-Ă -vis the term “utility token.” This article helps clarify the nomenclature by first defining the general characteristics […]

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How DAOs Optimize Charitable Giving

Charitable giving in legacy systems is subject to several major downsides that can be addressed with decentralized autonomous organizations (DAOs). Centralized legacy charitable organization often lack foundational transparency and are subject to significant power imbalances that favor the donor and lead to centralization of the charity. Existing legal incentives often lead to so-called Zombie Charities […]

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Stable Cryptocurrencies – First Order Principles

    

Stanford Journal of Blockchain Law & Policy (2019) Abstract The emergence and proliferation of stable cryptocurrencies necessitate the establishment of first order design principles for stable cryptocurrencies. After highlighting the benefits of stable cryptocurrencies for monetary policy making, overall market stability, and their impact on the emergence of decentralized commerce, the authors introduce First Order […]

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CRYPTO ECONOMICS – The Top 100 Token Models Compared

After over a year of data collection and coding with a team of 6 researchers, I am delighted to present the initial results of the data analyses. Download the paper here. The research team is currently working on more granular analyses of each coding category presented with time series. Abstract The article provides an overview […]

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