Back in April, I wrote about the core issues most prediction markets are facing, namely, liquidity and the underlying incentives. Long settlement times, zero-sum structure, and the absence of pricing anchors make them fundamentally unattractive to the three essential market participants: savers (passive), gamblers (degen), and smart money (active).

As someone who’s now been building an Info Finance protocol for the last 5 months, a constant hurdle I see across most protocols and dapps in Info Finance is the access to sustainable liquidity. The most successful platform Polymarket has seen massive adoption but also a drastic decline in volumes since the 2024 US presidential election.

After pitching robin.markets to several VCs and angel investors over the past weeks I have noticed a strong trend amongst investors & builders:

Futarchy - a lovely market-driven governance theory coined by economist Robin Hanson over twenty years ago. The first time I heard about it I fell in love. As a long-time market believer and participant it aligned perfectly with my core values. When I saw Proph3t’s presentation of MetaDAO and Futarchy at Solana Breakpoint in Singapore I was sold. In my mind it was the perfect PMF product for crypto. In November 2024 I became fully futarded and started building an EVM-aligned decision market together with my co-founder 0xFerd. Decision markets allow organizations to put up governance proposals for trading, and effectively utilize markets as an arbiter of truth for decision making.  Now that we’re approaching testnet launch, I thought I would publish a series of articles further outlining my thesis on Futarchy and why it’s needed in crypto.