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Crazy idea: probabilistic asset transfers. Let's say I own an antique rug, appraised at $1000. Instead of selling it outright, I sign a contract with you: each day, we'll flip a coin; if it comes up heads, you pay me $500, if it comes up tails, I give you the rug.
Are there any scenarios where this makes more sense that selling outright? Maybe if the value of the asset fluctuates across coin flips? (btw, a coin would generally be a bad choice; the sale would end too quickly. You'd want something more like a 1/100 chance for $10/day.)
It’d be cool to do as a promotion but what benefit to the seller if the buyer gets it for free on one of the first days... maybe if it’s value is $1000 but I could make $1500...?
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