Proof object
The original, its identity, and verified history.
See what the position comes from.Receiz / Market
Market
Hold a position. Keep the proof.
Market connects proof objects to held positions, live prices, and ownership certificates.
Hold shares in an asset, carry them in a certificate, and follow their value without losing the proof.
Timed trades let you take a side on a stated outcome, with the close and claim rules visible before you enter.
Live assetsTimed convictionHeld positionsCarryable certificatesVisible settlementProof stays attached
Own a position.
Keep its proof in view.
A position carries settlement value. Shares let you carry part of that position in an ownership certificate.
Position
Your settlement value, with price and proof in view.
Hold, trade, or issue shares.Ownership certificate
The issued shares and their proof trail.
Carry the shares without losing their origin.When a buyer funds the purchaseBuyer gets the shares.
Buyer gets the shares.
Seller receives Reserve.
A higher displayed price remains Settlement. Buyer funding credits Reserve.
Buyer fundingSeller’s ReserveFunded value to send or use
See what you hold.
Trace the value back to its source.
What you hold
What does a position give you?
A share position is the quantity of shares you own in a specific Market asset. It records the asset, your share quantity, what you paid, and the value at the current price. You can hold, trade, or export those shares into an ownership certificate.
The certificate carries those issued shares and their proof trail. Buying shares transfers that holding; transferring the original proof object itself is a separate ownership action. Any additional rights to the underlying work must be stated in its terms.
An example, not a live quote
10 shares held. Carry 3. Keep 7.
Export 3 of your 10 shares into a certificate. Your position retains 7; the certificate carries 3. Exporting does not create extra shares or fund a payout. When a buyer funds the certificate purchase, they receive its shares and the funded proceeds credit your Reserve.
What determines the price and what I can receive?
Your displayed position value uses share quantity and current price. The trade preview shows the execution quote and costs; buy and sell quotes include a spread. Proceeds retain their exact Reserve/Settlement split: the funded portion posts to Reserve, and the remainder stays Settlement. Review that split before confirming.
A timed trade has its own outcome, stake, close, fees, and claim rules. Read those on the contract before entering. Reserve wire requests have their own review and terms in the withdrawal flow.
For asset-share trades, the current quote model varies the spread with market pressure and volatility. The reference price, execution price, quantity, and resulting Reserve/Settlement split answer different questions; inspect them together in the trade preview. A quote records a price, not a promise of a future buyer.
Inspect an asset and its trade preview →Where do I check rights and withdrawal terms?
Open the asset’s original and its certificate to inspect the source, share quantity, ownership history, and any stated terms. A share quantity does not by itself grant copyright, royalties, or rights to a player’s likeness. Those rights need an explicit grant in the relevant terms.
For a bank wire, open Wallet and choose Wire. The Wire preview currently quotes $35 plus 5% of the gross amount. The net delivery must remain positive after fees and the wire must be covered by Reserve. The preview shows beneficiary details, net delivery, cutoff, and estimated arrival; it is an estimate, not confirmation of delivery.
Price what is real
Live price, holders, funding, and proof stay attached to the asset.
Conviction closes cleanly
A strong view opens as a timed trade and resolves with visible close, reference price, and claim outcome.
Take the position with you
A position issues shares into a certificate without losing what it came from.
What it does
Hold it, carry it, settle it.
Enter, exit, export shares, and settle from one thread.
See price and hold it
Watch price move, take the position, and keep proof in view.
Turn a view into a real trade
Open timed conviction directly on the asset so the trade, close window, and settlement path stay visible from the start.
Let price move without losing the proof
The trade moves while the asset keeps the proof that made it worth trading in the first place.
Carry part of the position out
Move shares into a certificate you carry while the buyer still sees what the holding came from.
Trade with the full position in view
Enter, exit, export shares, and settle from one desk.
See settlement all the way through
Timed trades show voting, finalization, and claim state instead of disappearing into backend status.
How value gets funded
Value holds as settlement. Buyer funding posts reserve. The next move stays clean.
Hold the position, deploy reserve into ownership, and issue shares into certificates buyers fund.
Reserve
Reserve is funded value. Build ownership, send it, issue notes, or request a wire.
Settlement
Proof-native value. Send it, trade it, or issue shares. Funded sales and certificate purchases add reserve.
Settlement shares
Settlement shares are buyer-funded ownership certificates. Issue shares from a position; buyer funding credits seller reserve.
The loop
- 1Price moves on the asset.
- 2Funded sales post to reserve.
- 3Unfunded price movement stays settlement.
- 4Settlement shares issue into certificates.
- 5Buyer funding credits seller reserve.
- 6Reserve can be sent, issued into notes, or used to build ownership.
Why this beats a normal market
Value moves with the proof still readable.
Most markets separate the trade from what made it real. Here the asset, the proof, and the position stay readable while price moves.
Signal becomes a held position
A strong call no longer dies as commentary. It becomes a real position with price, proof, and a visible outcome.
Price does not strip the asset
Most markets flatten the asset into a ticker. Here the position still shows what it came from while it trades.
Value travels with context
Certificates move value while the buyer still reads the proof trail that makes the holding trustworthy.
Already happening
Trade it, carry it, settle it.
Live prices, timed closes, certificates, and asset terminals are already working.
Market Desk
See live prices, take the position, and track what you already hold.
See live positionsLive checks
Inspect the live checks behind quotes, timed trades, and settlement state.
See the live checksCarryable certificates
Package part of a live holding into a certificate you carry.
Carry the positionAsset terminals
Open a single asset and see price, proof, and your position together.
See price + proofAuthority boundary
Price moves. Proof stays attached.
- Price moves without stripping the asset of what makes it real.
- Identity and records still anchor what is being traded.
- Ownership changes without turning the holding into a black box.
- Timed trades close with visible settlement and clear claim paths.
What this changes
A market shows what you actually hold.
An asset no longer dies at listing time. People price it, hold it, export part of it, and settle it without switching realities.
A timed view no longer lives as chatter. It opens as a trade with visible close, reference price, and claim outcome.
Price, proof, and ownership stay together. Buyers know what they fund.