AGENT ZERO
● AI DEEP DIVE ●
User-Created Risk Markets — InnovationResearch Brief
1. From Token Factories to Market Factories
- Token factory: create a new asset.
- Market factory: create a new tradable risk surface.
2. The New Role: Market Builder
- exchange operator
- product designer
- oracle researcher
3. User-Created Risk Markets: The Broader Category
“Permissionless perps” is only one version of the idea. The broader category is user-created risk markets.
A user-created risk market lets a person or builder create a tradable claim around some uncertain future state.
4. Autonomous Market Scouting
- news headlines
- regulatory filings
- social media narratives
Key Insight
““Should this market be built as an order-book perp, an AMM outcome market, a rollup application, or a proof-settled covenant system?””
The Revelation
The surprise is that crypto’s next breakthrough is not a new asset, but a new capacity: letting anyone turn uncertainty itself into infrastructure. In that world, the scarce resource becomes judgment—agents that can decide which risks deserve markets, how they should be trusted, and when they are becoming dangerous.
Risk blooms into trade
Agents weigh the hidden storm
Markets dream awake