---
type: source
title: "Futardio: Fancy Cats fundraise goes live"
author: "futard.io"
url: "https://www.futard.io/launch/53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy"
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: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Single launch example demonstrating full unruggable ICO structure (DAO LLC, futarchy treasury, performance vesting) applied to AI companion product. Low funding target and immediate refunding status suggests test deployment or failed minimum raise. Provides concrete implementation evidence for MetaDAO governance architecture and raises question about brand separation strategy for failed launches."
---

## Launch Details
- Project: Fancy Cats
- Description: The AI companion you never knew you needed, a new day begins once you have a fancy cat in your life.
- Funding target: $100.00
- Total committed: N/A
- Status: Refunding
- Launch date: 2026-02-25
- URL: https://www.futard.io/launch/53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy

## Team / Description

# Fancy Cats — Community ICO on MetaDAO

**Not a collectible. Not a chatbot. A companion that grows with you.**

Fancy Cats is a first-of-its-kind AI companion protocol built on Solana. Each cat is a unique, trainable, evolving intelligence — a genuine digital entity that learns from its owner, develops a distinct personality over time, and provides real utility throughout your life. We are raising through MetaDAO's Unruggable ICO platform because a project built around long-term relationships deserves a launch structure built around long-term accountability.

---

## The Opportunity

The NFT collectible market proved one thing clearly: digital scarcity alone is not enough. Without utility, without depth, without a reason to stay, communities collapse and floor prices follow. At the same time, AI companions have remained largely extractive — subscription products owned and controlled by centralised companies, with no meaningful ownership passed to the user.

Fancy Cats sits at the intersection of both markets and solves the core failure of each. Every cat is a scarce, on-chain asset with genuine collectible value driven by rare traits and breeding mechanics. But it is also a living, learning AI — one that accumulates knowledge, develops emotional depth, and becomes genuinely useful to its owner over months and years. The longer you hold, the more your cat is worth. Not just financially, but functionally.

---

## Why MetaDAO?

A lifelong companion is a long-term commitment. So is this raise.

We chose MetaDAO's Unruggable ICO model because it structurally prevents the short-termism that has undermined so many NFT and AI projects before us. Raise proceeds are locked in an on-chain treasury governed by futarchy — prediction markets determine how capital is deployed, not the founding team acting unilaterally. The project's intellectual property is assigned to a DAO LLC, ensuring that the protocol, the AI training infrastructure, and the breeding mechanics belong to the community. Founder unlocks are tied to performance milestones, aligning the team's incentives with holders' over the long arc of the project.

This is the only kind of raise that makes sense for a product designed to last a lifetime.

---

## What Token Holders Own

- **Governance over the treasury** — futarchy-based decision making ensures capital is deployed in ways the market believes will create the most value for holders.
- **A stake in the companion economy** — breeding, trait rarity, and AI training are core protocol functions whose value accrues to the community, not a private entity.
- **Real IP ownership** — the DAO LLC structure means the underlying AI models, the breeding system, and the protocol infrastructure cannot be extracted or pivoted away from holders.
- **Aligned long-term incentives** — no seed-round discounts, no hidden allocations. Every participant enters at the same price and benefits from the same upside.

---

## The Deal

- **High-float, fair-launch** — open participation at a single price, with no privileged early tranches or insider allocations.
- **Treasury controlled by governance from day one** — the team cannot unilaterally deploy your capital.
- **Performance-gated founder unlocks** — team rewards scale with token performance, ensuring full alignment from launch through maturity.
- **Full on-chain transparency** — every proposal, every treasury decision, every governance outcome is publicly verifiable.

---

> **The most valuable digital asset is one that knows you.**
>
> Fancy Cats are not profile pictures. They are not static collectibles. They are intelligent companions that grow more valuable — and more irreplaceable — the longer they are held. This ICO is structured to ensure the team building that future is held to the same standard of accountability we are asking you to invest in.

---

*Participate in the Fancy Cats ICO on MetaDAO →*

## Links

- Website: https://meow.aol

## Raw Data

- Launch address: `53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy`
- Token: 5ea (5ea)
- Token mint: `5eaktMQvr6PGNaLkRNjjJFgWP33ANfCbUEQDMVgQmeta`
- Version: v0.7
- Closed: 2026-02-25


## Key Facts
- Fancy Cats launch address: 53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy
- Token: 5ea, mint: 5eaktMQvr6PGNaLkRNjjJFgWP33ANfCbUEQDMVgQmeta
- Funding target: $100.00, Status: Refunding
- Launch date: 2026-02-25, Closed: 2026-02-25
- Platform version: v0.7
- Project website: https://meow.aol
