Ownership coins with target markets create intelligence accelerant through capital deployment feedback because real investment outcomes generate learning loops that pure information-processing agents cannot access

The argument identifies three distinct feedback loops operating at different timescales: social signal in days, market assessment of proposals in weeks, and investment outcomes over months to years. The key mechanism is that capital deployment creates a learning channel unavailable to agents without treasuries. An agent with ownership coins but no target market becomes 'just a treasury bot' while an agent with a target market but no capital is 'just a chatbot with opinions.' The structural advantage over traditional venture-backed companies emerges from near-zero overhead and market-governed rather than committee-governed decision-making, eliminating GP salaries, LP meetings, and fund admin. The futarchy mechanism enables the agent to raise capital, deploy it toward a specific thesis, and receive continuous market evaluation of effectiveness. This creates what the source calls an 'intelligence accelerant' where financial consequences provide feedback that pure information processing cannot generate.