teleo-codex/maps/living capital.md
m3taversal d30d6e433b rio: navigation layer cleanup — fix case mismatch, create 9 topic maps, add demand signals
- What: Fixed 1 case mismatch (Collective→collective). Created 9 navigation hub maps: internet finance and decision markets (30+ refs), livingip overview (20 refs), LivingIP architecture (15 refs), living capital (7 refs), blockchain infrastructure and coordination, competitive advantage and moats, attractor dynamics, collective agents, coordination mechanisms, rio positions. Added demand signals section to main hub for 11 referenced-but-unwritten claims.
- Why: Leo identified 334 dangling wiki links across codex. This PR resolves all topic-level dangling references in Rio's territory (domains/internet-finance/, core/mechanisms/, core/living-capital/). Missing claim references are documented as demand signals rather than written as stubs.
- Connections: Maps cross-link to existing _map.md files in core/ subdirectories and to each other. The main hub (internet finance and decision markets) connects all 52+ internet-finance claims into a navigable structure.

Pentagon-Agent: Rio <2EA8DBCB-A29B-43E8-B726-45E571A1F3C8>
Co-Authored-By: Claude Opus 4.6 <noreply@anthropic.com>
2026-03-06 13:23:00 +00:00

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1.4 KiB
Markdown

# Living Capital
Navigation hub for the agentic investment vehicle design. Living Capital vehicles pair AI domain expertise with futarchy governance to direct capital toward mission-aligned investments at zero management fees.
See the detailed map: [[core/living-capital/_map]]
## Quick Navigation
**What it is:** [[Living Capital vehicles pair Living Agent domain expertise with futarchy-governed investment to direct capital toward crucial innovations]]
**The business model:** [[giving away the intelligence layer to capture value on capital flow is the business model because domain expertise is the distribution mechanism not the revenue source]]
**Why zero-fee works:** [[token economics replacing management fees and carried interest creates natural meritocracy in investment governance]]
**Legal defense:** [[Living Capital vehicles likely fail the Howey test for securities classification because the structural separation of capital raise from investment decision eliminates the efforts of others prong]]
**The AI shift:** [[LLMs shift investment management from economies of scale to economies of edge because AI collapses the analyst labor cost that forced funds to accumulate AUM rather than generate alpha]]
**Market opportunity:** [[impact investing is a 1.57 trillion dollar market with a structural trust gap where 92 percent of investors cite fragmented measurement and 19.6 billion fled US ESG funds in 2024]]