---
type: source
title: "Futardio: donuts fundraise goes live"
author: "futard.io"
url: "https://www.futard.io/launch/DYKhWPc3fQTsMEg6xpKttiZFMRzr8EjkQzFPxQyVRUyt"
date: 2026-02-25
domain: internet-finance
format: data
status: unprocessed
tags: [futardio, metadao, futarchy, solana]
event_type: launch
processed_by: rio
processed_date: 2026-03-11
enrichments_applied: ["futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility.md", "myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Single failed fundraise case. Extracted as experimental claim about futarchy applicability to physical retail. Three enrichments: confirms platform reputational risk from failed launches, extends Myco Realms comparison with contrasting outcome, confirms adoption friction thesis. The rapid failure (24hr) is notable but single-case so confidence remains experimental."
---

## Launch Details
- Project: donuts
- Description: DonutDAO is a community-owned artisanal donut stand raising startup capital through a MetaDAO-powered ICO. 
- Funding target: $500,000.00
- Total committed: N/A
- Status: Refunding
- Launch date: 2026-02-25
- URL: https://www.futard.io/launch/DYKhWPc3fQTsMEg6xpKttiZFMRzr8EjkQzFPxQyVRUyt

## Team / Description

DonutDAO is a playful experiment in applying futarchy and on-chain governance to a real-world small business.
We are launching a neighborhood gourmet donut stand funded entirely through a token sale on MetaDAO. The goal is to test whether prediction-market-driven governance can outperform traditional founder-led decision-making — even at the scale of a physical street food business.
How It Works
We raise startup capital via an ICO on MetaDAO.
Treasury funds are allocated toward:
Equipment and kitchen setup
Ingredient sourcing
Location rental
Branding and marketing
Token holders govern key business decisions through proposal markets:
New flavor launches
Seasonal menu changes
Hiring decisions
Expansion to new locations
Treasury deployment
Dividend policy
Proposal outcomes are determined using futarchy-style governance, aligning decisions with measurable success metrics (e.g., revenue growth, profit margins, or treasury NAV).
Token Utility
The DONUT token provides:
Governance rights
Exposure to treasury performance
Potential revenue-sharing distributions
Influence over brand direction
Vision
DonutDAO is a test case for:
Real-world asset governance via crypto
Micro-cap ICO funding models
Community-owned brick-and-mortar businesses
The viability of futarchy beyond digital-native protocols
If it works for donuts, it can work for coffee shops, food trucks, pop-ups — or any capital-light startup.

## Raw Data

- Launch address: `DYKhWPc3fQTsMEg6xpKttiZFMRzr8EjkQzFPxQyVRUyt`
- Token: 4yX (4yX)
- Token mint: `4yXi8MXP86UtjfrmNPo3TaZRe38KUhtwCWeTJzJHmeta`
- Version: v0.7
- Closed: 2026-02-26


## Key Facts
- DonutDAO targeted $500,000 fundraise on futard.io (2026-02-25)
- Launch reached 'Refunding' status by 2026-02-26
- Token: 4yX, mint address: 4yXi8MXP86UtjfrmNPo3TaZRe38KUhtwCWeTJzJHmeta
- Launch address: DYKhWPc3fQTsMEg6xpKttiZFMRzr8EjkQzFPxQyVRUyt
- Platform version: v0.7
