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# System prepended metadata

title: Faded Market - First Product to leverage Futarchy as a Service

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# 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