diff --git a/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md b/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md index 7b18344b9..71c0f2ca6 100644 --- a/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md +++ b/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md @@ -27,6 +27,12 @@ From the MetaDAO proposal: This claim extends futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility by showing the reputational concern operates at the mechanism level, not just the platform level. The market's rejection of Futardio suggests futarchy stakeholders prioritize mechanism credibility over short-term adoption metrics. + +### Additional Evidence (confirm) +*Source: [[2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique]] | Added: 2026-03-16* + +The futardio proposal explicitly lists 'Makes futarchy look less serious' and 'May make it harder to sell DeFi DAOs / non-crypto organizations' as potential pitfalls, directly confirming the reputational risk tradeoff. The proposal was put to futarchy vote precisely because MetaDAO was uncertain whether memecoin association would damage credibility more than it would drive adoption. + --- Relevant Notes: diff --git a/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md b/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md index 6135cc2b6..aedd4e4a8 100644 --- a/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md +++ b/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md @@ -34,6 +34,12 @@ This claim complements [[coin price is the fairest objective function for asset MetaDAO's Futardio proposal explicitly states: 'One of the ideal use-cases for futarchy is memecoin governance. This is because memecoin holders only want the price of the token to increase. There's no question of "maybe the market knows what's the best short-term action, but not the best long-term action."' This provides direct confirmation from MetaDAO itself that memecoins eliminate the temporal tradeoff problem that complicates futarchy in other contexts. + +### Additional Evidence (confirm) +*Source: [[2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique]] | Added: 2026-03-16* + +MetaDAO's futardio proposal explicitly identifies memecoin governance as an ideal futarchy use case because 'memecoin holders only want the price of the token to increase. There's no question of maybe the market knows what's the best short-term action, but not the best long-term action.' This confirms the single-objective-function thesis with a real-world implementation attempt. + --- Relevant Notes: diff --git a/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md b/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md index 4fb1a5fe1..20efa1c8d 100644 --- a/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md +++ b/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/GugKjNpirFNaaRkEStRKGJPnutptsnTA3XuCJ8nwaVt date: 2024-08-28 domain: internet-finance format: data -status: unprocessed +status: enrichment tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-16 +enrichments_applied: ["memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md", "futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md"] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Proposal Details @@ -353,3 +357,13 @@ This would all be left to the discretion of the team building it, but they would - Autocrat version: 0.3 - Completed: 2024-09-01 - Ended: 2024-09-01 + + +## Key Facts +- Futardio proposal created 2024-08-28, failed 2024-09-01 +- Proposed $100k grant paid over 6 months to development team +- Platform would allocate percentage of each new token supply to futarchy DAO +- Points would convert to $FUTA token within 180 days +- Revenue would go to vault claimable by FUTA holders +- Target launch was Q3 2024 +- Nallok and Proph3t would support but not be core team