diff --git a/entities/internet-finance/sanctum-build-wonder-mobile-app.md b/entities/internet-finance/sanctum-build-wonder-mobile-app.md new file mode 100644 index 00000000..e2fa2eb9 --- /dev/null +++ b/entities/internet-finance/sanctum-build-wonder-mobile-app.md @@ -0,0 +1,38 @@ +--- +type: entity +entity_type: decision_market +name: "Sanctum: Should Sanctum build a Sanctum Mobile App (Wonder)?" +domain: internet-finance +status: failed +parent_entity: "[[sanctum]]" +platform: "futardio" +proposer: "Sanctum team" +proposal_url: "https://www.futard.io/proposal/2frDGSg1frwBeh3bc6R7XKR2wckyMTt6pGXLGLPgoota" +proposal_date: 2025-03-28 +resolution_date: 2025-03-31 +category: "strategy" +summary: "Proposal to build Wonder mobile app for crypto onboarding focused on yield, safety, and user experience" +tracked_by: rio +created: 2026-03-11 +--- + +# Sanctum: Should Sanctum build a Sanctum Mobile App (Wonder)? + +## Summary +Sanctum proposed building "Wonder," a mobile app designed to onboard mainstream users into crypto through yield-bearing assets, gasless transactions, and curated project participation. The proposal emphasized user safety (no seed phrases), people-first design (profiles over addresses), and potential monetization through AUM fees, swap fees, or subscriptions. The governance vote failed. + +## Market Data +- **Outcome:** Failed +- **Proposer:** Sanctum team +- **Resolution:** 2025-03-31 (3 days after proposal) + +## Strategic Context +The proposal represented a major strategic pivot from B2B liquid staking infrastructure to consumer mobile app. Sanctum cited competitive pressure (Phantom $3B valuation, Jupiter $1.7B market cap, MetaMask $320M swap fees) and opportunity cost of not capturing end-user value. The team acknowledged building consumer mobile apps is "notoriously hard" and would affect focus on core B2B staking business. + +## Significance +This failed proposal reveals governance skepticism about consumer app pivots even from teams with strong technical credentials. Sanctum manages $1B+ in staked assets but the community rejected expansion into direct consumer distribution, suggesting preference for infrastructure focus over end-user capture. + +## Relationship to KB +- [[sanctum]] - strategic direction decision +- [[futardio]] - governance platform +- [[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]] - governance mechanism diff --git a/inbox/archive/2025-03-28-futardio-proposal-should-sanctum-build-a-sanctum-mobile-app-wonder.md b/inbox/archive/2025-03-28-futardio-proposal-should-sanctum-build-a-sanctum-mobile-app-wonder.md index 48c132b5..23c1a39e 100644 --- a/inbox/archive/2025-03-28-futardio-proposal-should-sanctum-build-a-sanctum-mobile-app-wonder.md +++ b/inbox/archive/2025-03-28-futardio-proposal-should-sanctum-build-a-sanctum-mobile-app-wonder.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/2frDGSg1frwBeh3bc6R7XKR2wckyMTt6pGXLGLPgoot date: 2025-03-28 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Proposal contains primarily strategic planning and product vision rather than novel mechanism insights. The failure itself is the significant data point - governance rejection of consumer pivot from infrastructure-focused team. No new claims warranted as the proposal is company-specific strategy discussion without generalizable insights about futarchy, mobile apps, or crypto onboarding that aren't already covered in existing KB claims." --- ## Proposal Details @@ -107,3 +111,11 @@ The Sanctum core team reserves the right to change details of the prospective fe - Autocrat version: 0.3 - Completed: 2025-03-31 - Ended: 2025-03-31 + + +## Key Facts +- Sanctum manages over $1B in staked funds (2025-03-28) +- Phantom raised at $3B valuation (2025) +- Jupiter trades at $1.7B market cap, $6.2B FDV (2025-03-28) +- MetaMask generated $320M in swap fees +- Consensys valued at $2.3B in secondary markets