diff --git a/entities/internet-finance/proph3t.md b/entities/internet-finance/proph3t.md new file mode 100644 index 00000000..6ebf9239 --- /dev/null +++ b/entities/internet-finance/proph3t.md @@ -0,0 +1,46 @@ +--- +type: entity +entity_type: person +name: "Proph3t" +domain: internet-finance +handles: ["@metaproph3t"] +twitter_id: "1544042060872929283" +status: active +tracked_by: rio +created: 2026-03-11 +last_updated: 2026-03-11 +role: "Founder, MetaDAO" +affiliations: ["[[metadao]]", "[[futardio]]"] +tags: ["futarchy", "mechanism-design", "solana", "metadao-ecosystem"] +--- + +# Proph3t + +## Overview +Founder of MetaDAO and architect of the Autocrat futarchy implementation on Solana. Built the first functional futarchy governance system at scale. Key intellectual influence on the ownership coin thesis — the idea that tokens with futarchy governance create genuinely investable organizations rather than speculative memecoins. + +## Significance +- Created the Futarchic AMM — a custom AMM for conditional token markets that no existing AMM can replicate +- Designed the Autocrat program (conditional token markets with TWAP settlement) +- Led the transition from uncapped pro-rata launches to Futardio's unruggable ICO mechanism +- Publicly endorsed by Colin for LP reallocation discussions (potential 10% LP reallocation from Futarchic AMM) +- "Learning fast" — publicly documented iteration speed and intellectual honesty about mechanism design failures + +## Key Contributions to KB +- Primary source for futarchy mechanism design claims +- MetaDAO governance proposals (hired Robin Hanson as advisor — proposal submitted Feb 2025) +- Pine Analytics quarterly reports provide data on MetaDAO ecosystem health + +## Relationship to KB +- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] — designed this +- [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]] — implemented this +- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — acknowledged this limitation + +--- + +Relevant Entities: +- [[metadao]] — founded +- [[futardio]] — launched + +Topics: +- [[internet finance and decision markets]]