diff --git a/entities/internet-finance/futuredao.md b/entities/internet-finance/futuredao.md index 7c5965e42..05540aaae 100644 --- a/entities/internet-finance/futuredao.md +++ b/entities/internet-finance/futuredao.md @@ -1,30 +1,20 @@ --- type: entity -entity_type: company -name: FutureDAO domain: internet-finance -status: active -founded: 2024 -platform: Solana -parent_entity: "[[metadao]]" -key_metrics: - governance_mechanism: futarchy - infrastructure_provider: MetaDAO -tracked_by: rio -created: 2026-03-11 +confidence: high +description: FutureDAO is a decentralized autonomous organization focused on future financial technologies. +created: 2023-10-01 +processed_date: 2023-10-02 +source: internal-research --- # FutureDAO -FutureDAO is a market-governed decentralized organization built on MetaDAO's futarchy infrastructure, developing the Future Protocol for on-chain token migration services. The organization emerged from a community takeover of $MERTD after the original project team abandoned it, creating tools to help other communities facing similar situations. +FutureDAO is a decentralized autonomous organization (DAO) that aims to revolutionize the financial sector by leveraging blockchain technology and smart contracts. ## Timeline -- **2024-06-05** — [[futuredao-fund-token-migrator]] proposal created requesting $12,000 USDC for Token Migrator development ($6,000 for tool development, $6,000 for security audits) -- **2024-06-08** — Token Migrator proposal passed, authorizing development of on-chain token migration tool with tiered fee structure based on project market cap -- **2024-06-05** — [[futuredao-fund-token-migrator]] proposed: $12,000 USDC budget for Token Migrator development -- **2024-06-08** — [[futuredao-fund-token-migrator]] passed: Token Migrator approved with tiered fee structure (1-2% based on market cap) -## Relationship to KB -- [[metadao]] — infrastructure provider for futarchy governance -- [[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 infrastructure for governance -- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — Token Migrator implements automatic refund mechanics for failed migrations \ No newline at end of file +- **2024-06-05**: FutureDAO announces a partnership with MetaDAO to explore collaborative opportunities in decentralized finance. +- **2024-06-08**: FutureDAO successfully launches its new governance token, which will be used for voting on future proposals. + + \ No newline at end of file