extract: 2026-01-06-futardio-launch-ranger

Pentagon-Agent: Ganymede <F99EBFA6-547B-4096-BEEA-1D59C3E4028A>

domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md

@@ -48,6 +48,12 @@ Loyal's fundraise achieved 151x oversubscription ($75.9M committed vs $500K targ
 
 Solomon raised $102.9M committed against $2M target (51x oversubscription), closing at $8M final raise. This adds to the pattern of massive oversubscription on futarchy-governed launches, following earlier examples like Cult's $11.4M single-day raise.
 
+
+### Additional Evidence (confirm)
+*Source: [[2026-01-06-futardio-launch-ranger]] | Added: 2026-03-16*
+
+Ranger raised $86.4M against a $6M minimum target (14.4x oversubscription), demonstrating continued strong demand for futarchy-governed ICOs. This is the first MetaDAO raise with existing investors and pre-existing obligations, testing whether the model works for companies with legacy cap tables.
+
 ---
 
 Relevant Notes:

domains/internet-finance/performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md

@@ -41,6 +41,12 @@ This structure is untested in practice. Key risks:
 - 18-month cliff may be too long for early-stage projects with high burn rates, creating team retention risk
 - No precedent for whether TWAP-based triggers actually prevent manipulation in low-liquidity token markets
 
+
+### Additional Evidence (confirm)
+*Source: [[2026-01-06-futardio-launch-ranger]] | Added: 2026-03-16*
+
+Ranger implements 7.6M team tokens with 18mo cliff and price-based unlocks at 2x, 4x, 8x, 16x, and 32x ICO price using 3mo TWAP. This represents 29.7% of total supply (25.625M tokens) with performance vesting, demonstrating the mechanism at scale.
+
 ---
 
 Relevant Notes:

inbox/archive/2026-01-06-futardio-launch-ranger.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/8Nmd13rpULJjY7h6oxCfuTWy8WkZxcuDrDWiSdnViVuo"
 date: 2026-01-06
 domain: internet-finance
 format: data
-status: unprocessed
+status: enrichment
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-16
+enrichments_applied: ["metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md", "performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Launch Details
@@ -81,3 +85,12 @@ This ICO is to expand the team's capacity and increase velocity as we build towa
 - Total approved: $8,000,000.00
 - Closed: 2026-01-10
 - Completed: 2026-01-10
+
+
+## Key Facts
+- Ranger ICO raised $86,398,012.12 against $6M minimum target
+- Ranger ICO closed 2026-01-10, 4 days after launch
+- Total RNGR token supply: 25,625,000
+- Ranger monthly spending limit: $250k
+- Crypto derivatives volume: ~$50B daily across Solana, Arbitrum, Hyperliquid
+- Ranger is incorporated as Cayman SP