rio: extract from 2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md

- Source: inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>

domains/internet-finance/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.md

@@ -82,6 +82,12 @@ Futardio cult launch (2026-03-03 to 2026-03-04) demonstrates MetaDAO's platform
 
 (challenge) Areal's failed Futardio launch ($11,654 raised of $50K target, REFUNDING status) demonstrates that futarchy-governed fundraising does not guarantee capital formation success. The mechanism provides credible exit guarantees through market-governed liquidation and governance quality through conditional markets, but market participants still evaluate project fundamentals and team credibility. Futarchy reduces rug risk but does not eliminate market skepticism of unproven business models or early-stage teams.
 
+
+### Additional Evidence (extend)
+*Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
+
+FutureDAO demonstrates MetaDAO ecosystem expansion beyond direct fundraising into token migration infrastructure for post-launch lifecycle management. FutureDAO uses MetaDAO's futarchy infrastructure for governance while building complementary tooling (token migrator) that addresses challenges faced by abandoned or mismanaged projects. The proposal passed through Futardio (MetaDAO's governance platform) on 2024-06-08, showing MetaDAO's governance layer being used to approve adjacent infrastructure projects. FutureDAO's Champions NFT revenue model (SPL-404 staking for fee distribution) creates a parallel ownership structure to MetaDAO's token-based governance, suggesting ecosystem diversification in governance mechanisms beyond the core fundraising platform.
+
 ---
 
 Relevant Notes:

domains/internet-finance/futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-with-60-percent-presale-threshold.md

@@ -0,0 +1,34 @@
+---
+type: claim
+domain: internet-finance
+description: "FutureDAO's migrator uses 60% presale threshold and conditional token swaps to enable community takeovers of abandoned projects"
+confidence: experimental
+source: "FutureDAO Token Migrator proposal on Futardio, 2024-06-05"
+created: 2024-06-05
+---
+
+# FutureDAO token migrator enables community takeovers through structured on-chain migration with 60 percent presale threshold
+
+FutureDAO's token migration protocol creates a structured mechanism for communities to take control of abandoned or mismanaged projects through conditional token swaps with built-in success criteria. The system locks old tokens during migration, requires 60% presale completion for success, and automatically refunds participants if the threshold fails.
+
+The migration process operates in four phases: (1) intake and parameter setting where communities choose migration date, presale amount, and treasury allocation; (2) token migration period where old tokens swap for new tokens while locked; (3) conditional settlement where >60% presale triggers LP creation and <60% triggers full refund; (4) post-migration where unclaimed tokens go to community multisig and non-migrators receive 50% airdrop.
+
+Market-cap-based fee tiers (2% for <$1M, 1.5% for <$5M, 1% for <$20M FDMC) are taken as inflation on new token supply and distributed to Champions NFT holders over 30 days. Maximum dilution rates are capped at 15% for smallest projects down to 10% for largest, covering presale, treasury, and DAO fees.
+
+The proposal projects $270,000 in first-year revenue from 8 migrations (3 under $1M, 4 under $5M, 1 under $20M), based on analysis showing 27 notable Solana meme coin presales in prior 12 months with high abandonment rates. This represents a single case study with forward-looking projections rather than validated market data.
+
+## Evidence
+- FutureDAO Token Migrator proposal specifies 60% presale threshold as success criterion with automatic refund below threshold
+- Fee structure: 2% (<$1M FDMC), 1.5% (<$5M FDMC), 1% (<$20M FDMC) taken as new token inflation
+- Maximum dilution caps: 15% (<$1M), 12% (<$5M), 10% (<$20M) covering all allocations
+- Projected revenue: $270K from 8 migrations in year one (self-reported projection, unverified)
+- 27 notable Solana meme coin presales in prior 12 months cited from market analysis
+- Non-migrators receive 50% airdrop of new tokens as partial compensation
+- Proposal passed through Futardio governance on 2024-06-08
+
+---
+
+Relevant Notes:
+- This mechanism applies futarchic conditional logic to post-launch lifecycle management, extending futarchy beyond initial capital formation
+- Related to [[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.md]]
+- Related to [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md]]

domains/internet-finance/spl-404-enables-fungible-nft-swap-revenue-for-daos-by-bridging-governance-tokens-and-nft-liquidity-on-solana.md

@@ -0,0 +1,29 @@
+---
+type: claim
+domain: internet-finance
+description: "SPL-404 standard allows NFTs to be staked as fungible tokens enabling DAOs to distribute revenue to NFT holders through token mechanics"
+confidence: experimental
+source: "FutureDAO Token Migrator proposal, 2024-06-05"
+created: 2024-06-05
+---
+
+# SPL-404 enables fungible NFT revenue distribution for DAOs by staking NFTs as fungible positions on Solana
+
+SPL-404 is a token standard on Solana that enables NFTs to function as stakeable fungible tokens, allowing DAOs to distribute revenue to NFT holders through standard token distribution mechanisms. FutureDAO uses this standard to make Champions NFT holders eligible for migration fee revenue by staking their NFTs in the Future Protocol NFT Portal.
+
+The mechanism bridges the liquidity gap between NFT ownership and fungible token economics. NFT holders stake their assets through SPL-404, converting them into fungible positions that can receive token distributions. In FutureDAO's implementation, migration fees (taken as inflation on new token supply) are delivered to staked Champions NFT holders over 30-day periods.
+
+This architecture solves the distribution problem for NFT-based DAOs where revenue needs to flow to holders but NFTs lack the divisibility and transferability of fungible tokens. The standard enables NFT projects to adopt token-based revenue sharing without requiring holders to sell their NFTs or creating parallel token systems.
+
+## Evidence
+- FutureDAO requires Champions NFTs to be staked (SPL-404) within Future Protocol NFT Portal to receive migration fee revenue
+- Migration fees delivered to staked NFT holders over 30-day periods as new token inflation
+- Example from proposal: $MERTD migration with 1B token supply would create 15M tokens for Champions NFT DAO from 2% fee on $2M FDMC project
+- FutureDAO explicitly states "FutureDAO does not benefit monetarily from these token migrations. All fees are directed to the Champions NFT holders."
+- SPL-404 standard enables this staking mechanism on Solana (implementation detail from FutureDAO proposal)
+
+---
+
+Relevant Notes:
+- This represents one implementation of SPL-404 for revenue distribution; broader applicability to other NFT-based DAOs is inferred but not demonstrated
+- Related to [[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.md]]

entities/internet-finance/futardio.md

@@ -46,6 +46,8 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 
 - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
 - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
+- **2024-06-05** — [[futuredao-token-migrator]] proposal created, requesting $12K USDC for token migration tool development
+- **2024-06-08** — FutureDAO Token Migrator proposal passed, establishing first futarchy-governed token migration infrastructure
 ## 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."

entities/internet-finance/futuredao.md

@@ -0,0 +1,30 @@
+---
+type: entity
+entity_type: company
+name: FutureDAO
+domain: internet-finance
+status: active
+founded: 2024
+platform: Solana
+governance: futarchy
+parent_platform: "[[metadao]]"
+key_products:
+  - "Token Migrator"
+  - "Future Protocol"
+  - "Champions NFT"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# FutureDAO
+
+FutureDAO is a market-governed decentralized organization on Solana building the Future Protocol, an on-chain token migration infrastructure for communities to take control of abandoned or mismanaged projects. The organization uses MetaDAO's futarchy infrastructure for governance and operates a Champions NFT collection where staked holders receive migration fee revenue through SPL-404 mechanics.
+
+## Timeline
+- **2024-06-05** — [[futuredao-token-migrator]] proposal passed on Futardio, approving $12K USDC budget for token migrator development and security audits
+- **2024-06-08** — Token Migrator proposal completed, establishing fee structure (2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M) and 60% presale success threshold
+
+## Relationship to KB
+- [[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]] — FutureDAO uses MetaDAO's futarchy infrastructure for governance
+- [[token economics replacing management fees and carried interest creates natural meritocracy in investment governance]] — Champions NFT revenue distribution model
+- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — Token migrator targets abandoned meme coin market

inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md

@@ -6,9 +6,15 @@ url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY
 date: 2024-06-05
 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
+claims_extracted: ["futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-with-60-percent-presale-threshold.md", "spl-404-enables-fungible-nft-swap-revenue-for-daos-by-bridging-governance-tokens-and-nft-liquidity-on-solana.md"]
+enrichments_applied: ["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.md", "futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Extracted two mechanism claims (token migration protocol with conditional settlement, SPL-404 NFT staking for revenue distribution), enriched two existing MetaDAO/futarchy claims, created FutureDAO entity and decision_market entity for the proposal. Source is a passed governance proposal with detailed technical specifications and financial projections. SPL-404 claim is novel to KB - no existing coverage of this Solana token standard for NFT-fungible bridging."
 ---
 
 ## Proposal Details
@@ -166,3 +172,15 @@ For more detailed information, you can visit the [Future DAO Gitbook](https://fu
 - Autocrat version: 0.3
 - Completed: 2024-06-08
 - Ended: 2024-06-08
+
+
+## Key Facts
+- FutureDAO Token Migrator proposal passed 2024-06-08 with $12K USDC budget
+- Fee structure: 2% (<$1M FDMC), 1.5% (<$5M FDMC), 1% (<$20M FDMC)
+- 60% presale threshold required for successful migration
+- Maximum dilution caps: 15% (<$1M), 12% (<$5M), 10% (<$20M)
+- Projected first-year revenue: $270K from 8 migrations
+- 27 notable Solana meme coin presales in prior 12 months
+- Non-migrators receive 50% airdrop compensation
+- Proposal account: BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6
+- Autocrat version: 0.3