rio: extract from 2024-08-28-futardio-proposal-test-proposal-based-on-metadao-content.md
- Source: inbox/archive/2024-08-28-futardio-proposal-test-proposal-based-on-metadao-content.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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@ -46,6 +46,8 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
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- **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
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2024-08-28** — MetaDAO proposal EmPUGgv2Utzuu2vgSu6GcTRAtJMox5vJeZKi95cBgfJo created to develop futardio as memecoin launchpad with futarchy governance
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- **2024-09-01** — MetaDAO proposal to create futardio failed; project not pursued under MetaDAO umbrella
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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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@ -48,3 +48,8 @@ Relevant Entities:
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Topics:
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- [[internet finance and decision markets]]
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## Timeline
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- **2024-08-28** — Proposal created to develop futardio memecoin launchpad with $100K grant funding over 6 months
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- **2024-09-01** — Proposal failed; MetaDAO decided not to pursue futardio development
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/EmPUGgv2Utzuu2vgSu6GcTRAtJMox5vJeZKi95cBgfJ
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date: 2024-08-28
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domain: internet-finance
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format: data
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status: unprocessed
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status: enrichment
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "This is a failed MetaDAO governance proposal from 2024. The decision_market entity already exists (metadao-create-futardio.md) but needs timeline updates. The futardio entity also exists and needs timeline entries showing this proposal's creation and failure. No new claims extracted - the proposal contains design ideas but represents a rejected path, not validated mechanisms. The key insight (memecoin governance as futarchy use case) is already captured in existing claims about futarchy-governed meme coins."
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---
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## Proposal Details
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@ -352,3 +356,14 @@ This would all be left to the discretion of the team building it, but they would
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- Autocrat version: 0.3
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- Completed: 2024-09-01
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- Ended: 2024-09-01
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## Key Facts
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- MetaDAO proposal EmPUGgv2Utzuu2vgSu6GcTRAtJMox5vJeZKi95cBgfJo created 2024-08-28
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- Proposal failed 2024-09-01
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- Proposed $100K grant over 6 months for futardio development
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- Futardio design: memecoin launchpad allocating percentage of token supply to futarchy DAO
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- Points system converting to $FUTA token within 180 days
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- Revenue distribution to FUTA holders through vault
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- Target launch Q3 with immutable deployment on IPFS/Arweave
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- Nallok and Proph3t proposed as supporters, not core team
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