The article "Futarchy: Creating Fair and Reliable Shared Ownership through Market Forecasting" by Kevin Heavey explores a new governance model that utilizes predictive markets to achieve trustless shared ownership. Traditional governance models, whether relying on legal protection for minority shareholders or token voting based DAOs, are prone to abuse of power by the majority and harm the rights of minority holders. To this end, the author proposes a futarchy model: after each governance proposal appears, a decision market is constructed by creating conditional tokens representing "pass" and "fail", allowing market prices to reflect expectations of future asset values, thereby determining the outcome of the proposal. This mechanism not only prevents the majority from manipulating the market at high costs, but also allows dissenters to exit at a fair price, achieving true shared ownership. The article also discusses the application of futarchy in asset governance, mechanisms to ensure market price rationality, as well as challenges such as settlement price calculation, participant behavior risks, and legal technical issues. Ultimately, it is believed that futarchy can bring trustless, transparent, and efficient governance changes to complex organizations. It is reported that Alliance founder Qiao Wang predicted in a podcast that futarchy will become one of the new market narrative types in 2025. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39390