Human civilization is facing a contradictory dilemma: our technological capabilities are growing at an exponential rate, sufficient to shape the future of the Earth and even reach the stars, yet our financial and governance systems are severely short-sighted, constrained by quarterly reports and election cycles. This has led to a dangerous mismatch: the 'visionary capital' needed to address civilization-level challenges (such as planetary defense, artificial general intelligence safety, biotechnology risks, interstellar colonization) is nearly extinct in the current capital markets. The return cycles of these projects exceed the lifespan of any individual, company, or even nation, and their public good properties result in significant underinvestment from private capital.
Traditional charity and government funding models, constrained by budget cycles, political winds, and limited funding pools, cannot provide reliable guarantees for endeavors that require decades of sustained, large-scale, and flexible investment. We need a new type of financial protocol that can gather and allocate “visionary capital” across generations and beyond borders in a market-oriented manner.
Falcon Finance is evolving into a protocol engine for “existential risk hedging” and “visionary capital.” We are not just pricing current assets; we are committed to valuing, securitizing, and trading potential future paths of human civilization. What we are building is a financial infrastructure that allows contemporaries to invest in and hedge risks for descendants yet to be born.
The “market failure” of visionary capital: Zero price for the future today
The current financial system has fundamental market failures when addressing long-term, global challenges:
1. The “civilizational suicide” of time discounting: Standard financial models assign nearly zero present value to returns 100 years in the future. This effectively declares the welfare of humanity a century from now as worthless on a financial level.
2. The “ungraspable” externality: The benefits of preventing a global pandemic or an asteroid impact accrue to everyone globally and countless future generations, yet investors cannot capture this immense value, resulting in severe underinvestment.
3. The “extreme ambiguity” of risk information: Regarding the probability of misalignment of artificial general intelligence, the likelihood of supervolcanic eruptions, etc., there are only highly uncertain scientific estimates, making it impossible to form the clear “probability-loss” models required for traditional financial products.
Falcon's visionary protocol: Creating markets for the untradeable future
We are attempting to transform the “future civilization status” into tradable assets by designing a set of unprecedented financial primitives.
Protocol Layer One: Futures on civilization status and “survival derivatives”
This is the core innovation. We allow institutions (research institutions, NGOs, intergovernmental organizations) to publish “civilization status indices” based on their authoritative models.
· Index example: “2100 Human Civilization Continuity Index”, this index is weighted and synthesized from a set of observable macro variables (such as global population, integrity of key knowledge bases, levels of biodiversity, signs of extraterrestrial existence). An index value of 100 represents the baseline continuity status, while 0 represents civilizational collapse.
· Derivatives market: Based on this index, futures, options, and other derivatives can be created. A foundation concerned about biosecurity risks can purchase “index put options” to hedge risk. An investor confident about interstellar futures can buy “index call futures.”
· Price discovery function: The trading prices in this derivatives market will become the world's first continuous, quantitative market consensus on humanity's long-term future, generated by real monetary votes. It aggregates global participants' probability judgments and risk preferences regarding the distant future.
Protocol Layer Two: Securitization of “outcomes rights” for visionary projects and intertemporal financing
To incentivize current actions, we allow long-term, highly uncertain research or engineering projects to securitize their “future outcome rights.”
· Securitization process: A “small asteroid deflection technology verification project” can package its future potential earnings (such as: technology licensing fees, “insurance premiums” drawn from losses avoided by saving global assets) to issue a super long-term bond or equity token.
· Intertemporal liquidity solutions: These securities can be traded on Falcon's visionary market. Contemporary investors can purchase and hold them as alternative assets to hedge against “global catastrophe risks” within their portfolios. More importantly, the projects thus obtain urgently needed R&D funding. This addresses the incentive fragmentation problem of “future generations benefit while current generations pay.”
Protocol Layer Three: Dynamic “long-termism” governance based on the visionary market
The governance of the Falcon protocol itself will be partially tied to the performance of these “civilization status indices” and visionary securities.
· Governance weight linked to long-term performance: Addresses that hold specific visionary securities (such as “controllable nuclear fusion commercialization outcome rights”) for the long term may receive governance weight bonuses for their $FF. This incentivizes governance participants to have a long-term perspective.
· Intergenerational asset allocation of the protocol treasury: A portion of the assets in the Falcon protocol treasury will be mandatorily allocated to a “visionary asset index fund” selected by community governance. This means that part of the protocol's value will be directly tied to the long-term prospects of human civilization, motivating the entire protocol ecosystem to strive for improving these long-term metrics.
$FF: The “reserve asset” and “governance medium” of the visionary economy
In this economic system aimed at serving future humanity, $FF is given a mission that transcends time:
· Settlement and collateral assets of the visionary market: Trading derivatives of civilization status and purchasing securities of visionary projects require the use of $FF as margin, settlement units, or pricing benchmarks. $FF becomes the cornerstone of a financial bridge connecting the present with the distant future.
· The “staking and reputation bearer” of long-term commitment: To initiate a credible civilization status index, or to become a certifying auditor for a visionary project, one must stake a substantial amount of $FF. This stake will be locked for a long time, signaling the initiator's serious commitment to the long-term future of humanity. Its reputation is deeply tied to the staked assets.
· Proof of the “time depth” of value storage: The value support of $FF will partly come from the “long-term economic value” managed and created by the protocols behind it. If Falcon successfully becomes the core hub of visionary capital, then $FF will become a unique asset: it not only represents confidence in a company or an ecosystem but also confidence that a smarter, more long-term financial coordination system can enhance the probability of human civilization's survival. This is the ultimate “hope option.”
Conclusion: From financial returns to civilization dividends
The boundaries explored by Falcon Finance have far exceeded traditional finance and even the realm of technology. It touches on a fundamental philosophical and civilizational question: Do we, as this generation, have the capability and responsibility to create a sustainable value creation and assurance system that transcends our own lifetimes for the prosperity and survival of our descendants?
What we offer is not just a set of tools, but also an institutional experiment that combines altruism, ethical responsibility, and market mechanisms. It allows any individual or institution to transform their concerns for the future of humanity into concrete, actionable, and potentially financially rewarding financial actions.
This may be one of the most pragmatic and leveraged efforts we can make to combat civilizational shortsightedness, mitigate existential risks, and actively shape a more prosperous future.
Investing in Falcon is not only about positioning for the next bull market but also casting a solemn vote for that distant and beautiful future you believe in. @Falcon Finance #FalconFinance $FF
