Dear Reader,

You're undoubtedly aware that the threat of climate change is more than just a distant worry; it's a pressing reality that demands our immediate attention. However, there's a glaring omission in our current approach to combating this global challenge: the market lacks a mechanism to discourage CO2 emissions, a primary driver of environmental risk.

This is where Shortx steps in. We've recognized an opportunity to make a real difference by applying market forces to address climate risk. By reassessing property values in areas that will likely be impacted by climate change first—beginning with Miami—we're shaking up a longstanding complacency in the real estate market. Our goal is clear: prompt a direct and undeniable reevaluation of property values in regions facing the threat of climate change.

Despite the noble efforts of individuals like Greta Thunberg and initiatives such as the Paris Agreement and carbon tokens, it's become apparent that these measures alone are insufficient to stem the tide of climate change. This realization led to the creation of ShortX, a prediction market that allows investors to bet against cities overlooking the importance of climate risks. Our approach is straightforward yet powerful: by pitting the irrational exuberance of real estate against the calculated bets of informed investors, we aim to drive significant change not only in how property values are determined but also in how society at large responds to the challenge of climate change.

At ShortX, we're not just betting on the future; we're working to change the present. By harnessing the forces of the market, we aim to create a world where financial incentives are aligned with the urgent need for environmental preservation. This isn't just an investment strategy; it's a call to action for everyone concerned about the legacy we leave for future generations.

Sincerely,

Your founder Team