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 gaming sector adoption of Unruggable ICO model
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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_dao: "[[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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token_symbol: "6tS"
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token_mint: "6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta"
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launch_address: "5HXtfhuf71xSZTcqp8NVANosH68qnKKuDidkFTTFHpgb"
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ico_version: "v0.7"
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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, with all raise proceeds locked in an on-chain treasury governed by futarchy. The game positions itself as a solution to crypto gaming's broken promises of player ownership by making every race, tournament, and prize pool settlement verifiable on-chain.
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## Timeline
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- **2026-02-25** — Completed $100 raise through [[futardio]] Unruggable ICO (token: 6tS)
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## Relationship to KB
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- [[MetaDAO]] — launched through MetaDAO's Unruggable ICO platform
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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]] — uses futarchy-governed treasury structure
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- [[ownership coins primary value proposition is investor protection not governance quality because anti-rug enforcement through market-governed liquidation creates credible exit guarantees that no amount of decision optimization can match]] — implements DAO LLC structure with IP assigned to token holders
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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: "Rabid Racers is a trivial-amount test launch ($100 raise) but represents a significant data point as the first gaming project to use MetaDAO's Unruggable ICO structure. The source is primarily marketing copy describing the ICO mechanism and gaming value proposition, with no novel claims beyond what's already captured in existing futarchy and ownership coin claims. Entity created to track gaming sector adoption of the platform."
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---
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## Launch Details
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@ -87,3 +91,11 @@ 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 through MetaDAO Unruggable ICO on 2026-02-25
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- Token symbol: 6tS, mint: 6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta
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- Launch address: 5HXtfhuf71xSZTcqp8NVANosH68qnKKuDidkFTTFHpgb
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- Uses DAO LLC structure with IP assigned to token holders
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- Treasury governed by futarchy with founder unlocks tied to performance milestones
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