Realms - Authority & Conviction Markets

Conviction markets are here. The onchain prop firm; skilled traders call trades, treasuries fund them, winners take 30%. In other words: futarchy for treasury operations, with skin in the game. Ride.markets beta is live. Let's ride. Together.

time to start meeting our sponsors for islanddao v4. say hello to @realmsdaos, the home of onchain communities on @solana. Realms is an essential part of the islanddao app, islandCapital and more and we're excited to welcome them back to the island!

Most people still think @ridemarkets is “just another prediction market.” That’s not what’s happening here. And once you understand the difference, the whole thing clicks. 🧵

Wildest mechanic on Solana right now. 16x leverage. No liquidation. How @ridemarkets works, like you're 5: Someone says "SOL hits $200 tomorrow." You bet $5 YES or NO. Platform places the real trade with $130. If SOL hits $200, YES wins.

Tune in on Tuesday, get all the answers about the next evolution of Realms and governance on @solana twitter.com/i/spaces/1oKMv…

Tune in on Tuesday, get all the answers about the next evolution of Realms and governance on @solana twitter.com/i/spaces/1oKMv…

We’re on @ridemarkets Where conviction becomes capital coordination.

Wildest mechanic on Solana right now. 16x leverage. No liquidation. How @ridemarkets works, like you're 5: Someone says "SOL hits $200 tomorrow." You bet $5 YES or NO. Platform places the real trade with $130. If SOL hits $200, YES wins.

Governance update on @solana: It is becoming increasingly clear that Solana is a futarchy ecosystem. Ownership coins have ushered in a new era of governance and participation, evidenced by the performance of launches like @JurassicFi, the investor-friendly wind down of @ranger_finance, and the growth of supporting media projects like @ownershipfm and @01Resolved. The @realmsdaos team has seen this firsthand through our own work in Sowellian Governance, an evolution within the broader family of futarchy-based governance systems inspired by @robinhanson. Participation in IslandCapital and the new @ridemarkets conviction platform has been exponentially higher than traditional token-voting systems. Realms is now transitioning into a fully decentralized protocol. This means making the SPL Governance 3.1 program immutable. On July 1st, the freeze will be complete and the realms.today UI will be shut down (This will impact DAOs like @metaplex that rely on this UI for voting and proposing) If governance infrastructure can be changed unilaterally, it is not truly neutral infrastructure. Many DAOs, like @jito_sol, already operate their own governance frontends for voting and proposal creation. Others will now be free to build specialized interfaces and governance experiences on top of SPL Governance. The current Realms team is transitioning into a new organization: Realms Lab, a governance agency focused on future innovation across the SPL Governance ecosystem. Our first projects include supporting new launchpads like @craftsdev and @fairdotclub, pioneers in bringing TradFi companies into the web3 governance stack. This newly formed team includes both existing Realms contributors and new additions that will be announced later this year. As for the rest of us, we are fully locked in on Ride. Operational futarchy is the most exciting thing we have collectively worked on. It finally solves how groups can coordinate capital in a truly decentralized way. The design space is massive and we intend to spend all of our energy bringing futarchy to more Solana users.

Governance update on @solana: It is becoming increasingly clear that Solana is a futarchy ecosystem. Ownership coins have ushered in a new era of governance and participation, evidenced by the performance of launches like @JurassicFi, the investor-friendly wind down of @ranger_finance, and the growth of supporting media projects like @ownershipfm and @01Resolved. The @realmsdaos team has seen this firsthand through our own work in Sowellian Governance, an evolution within the broader family of futarchy-based governance systems inspired by @robinhanson. Participation in IslandCapital and the new @ridemarkets conviction platform has been exponentially higher than traditional token-voting systems. Realms is now transitioning into a fully decentralized protocol. This means making the SPL Governance 3.1 program immutable. On July 1st, the freeze will be complete and the realms.today UI will be shut down (This will impact DAOs like @metaplex that rely on this UI for voting and proposing) If governance infrastructure can be changed unilaterally, it is not truly neutral infrastructure. Many DAOs, like @jito_sol, already operate their own governance frontends for voting and proposal creation. Others will now be free to build specialized interfaces and governance experiences on top of SPL Governance. The current Realms team is transitioning into a new organization: Realms Lab, a governance agency focused on future innovation across the SPL Governance ecosystem. Our first projects include supporting new launchpads like @craftsdev and @fairdotclub, pioneers in bringing TradFi companies into the web3 governance stack. This newly formed team includes both existing Realms contributors and new additions that will be announced later this year. As for the rest of us, we are fully locked in on Ride. Operational futarchy is the most exciting thing we have collectively worked on. It finally solves how groups can coordinate capital in a truly decentralized way. The design space is massive and we intend to spend all of our energy bringing futarchy to more Solana users.