# Faded Market - First Product to leverage Futarchy as a Service ### **Proposal** - Implementing Futarchy mechanism to fair launch Faded Assets. **Entrepreneur**: [ath365](https://twitter.com/AtharvaTayade5) ### Overview We at faded market aiming to transition traditional crypto derivative assets. Our main goal is to protect funds of non-airdropped user by getting FOMOed and ending up buying into OTC markets. ***If you don't get airdrop what you do??*** Usually an average user will tend towards - Fading it completely OR - buying it from OTC markets. Depending on FOMO... Let's take an example. Consider you are not farming $FRIEND (friend.tech) airdrop. But your twitter timeline is filled with all those retards flexing their $FRIEND points gonna make them millionaires. With the launch of $FRIEND on whales premarket, Ultimately you get FOMOed and you end up buying $FRIEND from Whales pemarket or other OTC platforms. This is where we want you to discover **Faded Market**, A market where all $FRIEND Faders wil get an opportunity to buy at fair value. To do this, we will Futarchy based price discovery mechanism of our faded asset **[FRIEND-FADED]** for a fix time and let's say we will call this event as ***Initial Futarchy Price***. ### Monetization Prelaunch derivatives market such as AEVO, Hyperliquid are most dominant capturing over $2B+ in volumes everyday. Our business model will allign to AEVO's model with some additional benifits to te traders. If we even target to capture 10% marketshare of AEVO's in initial days, that will place us in a position of making $1M+ in revenues. ### Target Customer Mainly we are tageting all the prelaunch derivative traders, Whales market trader and even want to onboard average stock buying trader too... Have a look at this [tweet](https://x.com/0xBreadguy/status/1777398702954492355) ![Screenshot 2024-04-10 203311](https://hackmd.io/_uploads/BJ3q9XVeA.png) To address this issue Aevo simply removed this Trading pair from their platform... [see here](https://https://x.com/aevoxyz/status/1777366392008069309) We at Faded Market want to resolve this by simply fair launching ***FADED*** Assets and then opening it for trading. This way we will resolve the ambiguity of price of a asset. ### Revenue Sources Don't have much expertise in it but would love to hire someone with in-depth knowledge. I would like to build this project more inclined to meta-dao. If core team of meta-dao wants to acquire this idea you guys are welcome. If you guys found this proposal useful... Don't forget to tip me 😉 here's my sol address- 9T4So21gziPdE1fsHjw4wgDT8KcYnXppgF3WpkjTwDqu