diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 076b30ed..0743eeb6 100644 --- a/entities/internet-finance/futardio.md +++ b/entities/internet-finance/futardio.md @@ -52,6 +52,8 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless - **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. - **2025-11-14** — Solomon launch: $8M raised (12.9x oversubscribed, $102.9M committed) for composable yield-bearing stablecoin - **2026-02-03** — Hurupay fundraise launched targeting $3M, closed Feb 7 at $2M (67% of target) in refunding status +- **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 +- **2024-09-01** — Proposal failed, MetaDAO decided not to develop futardio platform ## Competitive Position - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **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." diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index cf50ed00..7973a881 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -65,6 +65,7 @@ The futarchy governance protocol on Solana. Implements decision markets through - **2024-01-24** — Proposed AMM program to replace CLOB markets, addressing liquidity fragmentation and state rent costs (Proposal CF9QUBS251FnNGZHLJ4WbB2CVRi5BtqJbCqMi47NX1PG) - **2024-01-29** — AMM proposal passed with 400 META on approval and 800 META on completion budget - **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. +- **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 ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------|