rio: extract from 2026-02-25-futardio-launch-rabid-racers.md
- Source: inbox/archive/2026-02-25-futardio-launch-rabid-racers.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
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@ -46,6 +46,7 @@ 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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- **2026-02-25** — [[rabid-racers]] completed $100 raise, demonstrating Unruggable ICO mechanism for on-chain gaming project
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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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entities/internet-finance/rabid-racers.md
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entities/internet-finance/rabid-racers.md
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---
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type: entity
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entity_type: company
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name: "Rabid Racers"
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domain: internet-finance
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status: active
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platform: "Solana"
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parent_entity: "[[metadao]]"
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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raise_target: "$100.00"
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total_committed: "$100.00"
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raise_status: "Complete"
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launch_date: "2026-02-25"
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launch_platform: "futardio"
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token_symbol: "6tS"
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token_mint: "6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta"
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---
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# Rabid Racers
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Rabid Racers is an on-chain racing game built natively on Solana where tournaments, prize pools, and asset ownership are enforced by the blockchain. The project raised through MetaDAO's Unruggable ICO platform using futarchy-based governance, with all raise proceeds locked in an on-chain treasury governed by prediction markets. The game's intellectual property is assigned to a DAO LLC, giving token holders legal and on-chain ownership from launch.
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## Timeline
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- **2026-02-25** — Completed $100 fundraise on Futardio using MetaDAO's Unruggable ICO model with futarchy governance
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## Relationship to KB
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- [[metadao]] — parent platform providing futarchy infrastructure
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- [[futardio]] — launch platform
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- [[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]] — exemplifies this model
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- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance structure
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## Notes
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This is a minimal test launch ($100 raise target) that demonstrates the Unruggable ICO mechanism but does not represent significant capital formation. The project emphasizes on-chain game mechanics, DAO LLC IP ownership, and performance-gated founder unlocks as core features of the MetaDAO launch model.
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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/5HXtfhuf71xSZTcqp8NVANosH68qnKKuDidkFTTFHpgb"
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date: 2026-02-25
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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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: "Minimal test launch ($100) demonstrating MetaDAO's Unruggable ICO mechanism for gaming. No novel claims extracted — the governance structure, treasury model, and IP ownership approach are already covered in existing KB claims about MetaDAO's futarchy-based fundraising model. Created entity page for Rabid Racers as it represents a completed launch on the platform, though at trivial scale."
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---
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## Launch Details
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@ -87,3 +91,10 @@ This is not a soft commitment. The mechanism enforces it.
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- Total approved: $100.00
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- Closed: 2026-02-25
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- Completed: 2026-02-25
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## Key Facts
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- Rabid Racers raised $100 on Futardio (2026-02-25)
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- Launch used MetaDAO Unruggable ICO v0.7
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- Token: 6tS (mint: 6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta)
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- Project emphasizes DAO LLC IP ownership and performance-gated founder unlocks
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