Buidlathon submission information for ETH Denver 2023
A lending facility and market creation tool with a built in model for dao monetization.
"Prediction markets (information markets, decision markets, idea futures or event derivatives) are open markets where specific outcomes can be predicted using financial incentives." - Wikipedia
Prediction markets can include Debates, Esports, Charity Events and more.
We interviewed dozens of DAO members and leaders about how they earn revenue and what their struggles are. Many DAOs today are lead by volunteers and make little revenue. Some DAOs are more focused on revenue and want to earn with their Treasury and grow their products in new markets. In order to earn from treasury, DAOs need qualified borrowers and simple tools to manage lending and production of value.
Partnering with businesses that know how to be profitable is a great first step. In our project the lending facility is available for Event Producers. Events and Entertainment are profibable areas of the global economy, and often these businesses produce digital goods like video and media. They also produce the groundwork for Prediction Markets.
The next cylcle in web3 growth and is already happening. Entertainment combined with market-making results in some of the most consumed content in human history. Spectator Sports, Awards Shows, Charity Events, Etc.
Lending tools are here today that can change the face of finance forever. We use the HUMA.Finance protocol to initialize our pool with the purpose of lending to Businesses that are aligned with our mission.
