Will skywatcher.ai (an UFO summoning company) be considered legitimate at the end of 2025?
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Background Currently, there is no evidence of a company called "skywatcher.ai" that claims to summon UFOs. Scientific investigation of Unidentified Anomalous Phenomena (UAPs) is primarily conducted by established organizations like NASA and the U.S. Department of Defense, focusing on explaining natural or human-made phenomena through rigorous scientific methodology.

Resolution Criteria This market will resolve YES if by December 31, 2025:

  1. A company called "skywatcher.ai" exists as a legally registered entity

  2. The company publicly claims to have UFO summoning capabilities

  3. At least one of the following conditions is met:

    • The company's claims are validated by a major scientific institution

    • The company receives significant government contracts or funding for its claimed capabilities

    • The company's technology is independently verified by multiple credible third-party researchers

The market will resolve NO if any of these criteria are not met by December 31, 2025.

Considerations

  • The field of UAP research is heavily scrutinized and subject to scientific rigor

  • Claims of UFO summoning would represent an unprecedented technological breakthrough

  • The burden of proof for legitimacy would be extremely high given the extraordinary nature of such claims

  • "Legitimacy" in this context requires scientific validation, not just public interest or media attention

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"The company is publicly traded on a major stock exchange"
It's not obvious to me that this should be sufficient to satisfy 3. It seems somewhat unrelated to the other criteria.

@MingCat The rational behind including "publicly traded on a major stock exchange" as a criterion is that achieving this status requires passing several significant layers of scrutiny. These include:

1. Regulatory Compliance: Companies must adhere to strict legal and financial disclosure standards set by regulatory bodies (e.g., the SEC in the U.S.), ensuring transparency and accountability.

2. Due Diligence: Underwriters, auditors, and financial institutions rigorously evaluate the company’s claims, finances, and overall business operations during the IPO process.

3. Market Confidence: Successfully going public requires convincing institutional and retail investors of the company’s credibility and future prospects. This demands substantial evidence or a viable business model to back its claims.

While being publicly traded does not directly validate the UFO summoning claims, it serves as a strong proxy for broader legitimacy. The process ensures the company has met stringent standards and gained a level of trust from regulators, auditors, an

d investors.

@FranklinBaldo I would argue that the publicly traded criteria being sufficient for resolution is cutting against your wishes for the burden of proof being high. There are all kinds of scam companies that are publicly traded. Remember Hometown Deli? https://www.nytimes.com/2021/06/02/magazine/your-hometown-deli.html

If you'll allow me a suggestion, you may want to say that being publicly traded is a necessary but not sufficient condition.

@WilliamGunn

I think you are right, I am going to remove this as a criteria.

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