Why Academy

Submitted Feb 11, 2026

Application Details

Basic Information

Contact Name
Rasheed Richmond
Telegram
@sirsheed
X Profile
@rasheedaskia

Team & Background

Who are you?
I'm a co-founder of Ockams Inc. and crypto native since 2014.
Previously Deployed
Yes
Previous Examples
https://www.coinbase.com/price/zoracles

Market Proposal

Assets to Deploy
$WHY
Market Type
Crypto
Exists on Other Venues
No
Differentiation
No
Target Leverage
5-10x
Market Makers
No

Oracle & Distribution

Data Source
Pyth
Price Construction
WHY Market Structure Roadmap: Phase 0 — OTC Formation (Current) During the pre-exchange phase, WHY does not have an active public order book. The WHY Reference Price is derived from completed OTC transactions. Methodology Volume-weighted average price (VWAP) of verified settlements Minimum trade-size inclusion threshold Phase 1 — Public Liquidity Event (Target: Hyperliquid IEO) WHY plans to pursue a public launch via IEO on Hyperliquid. Rationale: Native on-chain order book model Objective: Establish primary price discovery venue Attract aligned agents into the WHY ecosystem This would transition WHY from OTC reference pricing to continuous order book pricing. Phase 2 — Oracle Integration (PYTH) Upon establishing liquid on-chain markets, WHY intends to integrate with PYTH Network for first-party price aggregation. Planned Design: First-party data from listing venues (Hyperliquid + future exchanges) Median aggregation across ≥5 sources Sub-second updates (~400ms) 60-second stale price protection Bridged to Algorand via Wormhole This enables: DeFi integrations Collateralization Structured products Agent-based automated strategies
Volume Strategy
We are interviewing PR firms and working with celebrity influencers such as Rihanna, Jake Paul & Nicki Minaj to launch agent on the platform and drive social interest on a exponentially higher level than Iggy Azalea.
Distribution Channel
Yes
Distribution Details
https://why.com/chat - 10K uniques over last 6 weeks

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