entity-batch: update 2 entities
- Applied 2 entity operations from queue - Files: entities/internet-finance/futardio.md, entities/internet-finance/metadao.md Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
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@ -52,6 +52,8 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
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- **2024-08-28** — MetaDAO proposal to develop futardio as memecoin launchpad with futarchy governance failed. Proposal would have allocated $100k grant over 6 months to development team. Key features: percentage of each new token supply allocated to futarchy DAO, points-to-token conversion within 180 days, revenue distribution to $FUTA holders, immutable deployment on IPFS/Arweave. Proposal rejected by market, suggesting reputational risks outweighed adoption benefits.
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- **2025-11-14** — Solomon launch: $8M raised (12.9x oversubscribed, $102.9M committed) for composable yield-bearing stablecoin
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- **2026-02-03** — Hurupay fundraise launched targeting $3M, closed Feb 7 at $2M (67% of target) in refunding status
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- **2024-08-28** — MetaDAO futardio proposal created, proposing memecoin launchpad with futarchy governance for each token, points-to-token bootstrapping mechanism, and $100k development grant
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- **2024-09-01** — Proposal failed, MetaDAO decided not to develop futardio platform
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## Competitive Position
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."
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@ -65,6 +65,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2024-01-24** — Proposed AMM program to replace CLOB markets, addressing liquidity fragmentation and state rent costs (Proposal CF9QUBS251FnNGZHLJ4WbB2CVRi5BtqJbCqMi47NX1PG)
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- **2024-01-29** — AMM proposal passed with 400 META on approval and 800 META on completion budget
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- **2024-08-31** — Passed proposal to enter services agreement with Organization Technology LLC, creating US entity vehicle for paying contributors with $1.378M annualized burn rate. Entity owns no IP (all owned by MetaDAO LLC) and cannot encumber MetaDAO LLC. Agreement cancellable with 30-day notice or immediately for material breach.
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- **2024-05-30** — Drift protocol used MetaDAO activity data (5+ interactions over 30+ days) to identify 32 qualified participants for retroactive DRIFT token rewards, demonstrating cross-protocol futarchy adoption
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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