diff --git a/entities/internet-finance/metadao-create-futardio.md b/entities/internet-finance/metadao-create-futardio.md new file mode 100644 index 00000000..f0a68bc5 --- /dev/null +++ b/entities/internet-finance/metadao-create-futardio.md @@ -0,0 +1,50 @@ +--- +type: entity +entity_type: decision_market +name: "MetaDAO: Should MetaDAO Create Futardio?" +domain: internet-finance +status: failed +tracked_by: rio +created: 2026-03-11 +last_updated: 2026-03-11 +parent_entity: "[[metadao]]" +platform: "futardio" +proposer: "unknown" +proposal_url: "https://www.futard.io/proposal/zN9Uft1zEsh9h7Wspeg5bTNirBBvtBTaJ6i5KcEnbAb" +proposal_date: 2024-11-21 +resolution_date: 2024-11-25 +category: strategy +summary: "Minimal proposal to create Futardio — failed, likely due to lack of specification and justification" +tags: ["futarchy", "futardio", "governance-filtering"] +--- + +# MetaDAO: Should MetaDAO Create Futardio? + +## Summary +A minimal one-sentence proposal: "Futardio is a great idea and needs to happen." Filed under the "Program" category. Failed within 4 days. No budget, no specification, no implementation plan. The proposer identity is not associated with core team members. + +## Market Data +- **Outcome:** Failed (2024-11-25) +- **Autocrat version:** 0.3 +- **Key participants:** Unknown proposer + +## Significance +This failed proposal is more informative than many that passed. It demonstrates futarchy's quality filtering function — the market rejected an unsubstantiated proposal despite the concept (Futardio/permissionless launchpad) eventually being approved three months later with proper specification (see [[metadao-release-launchpad]]). The market distinguished between "good idea" and "well-specified proposal," rejecting the former and approving the latter. + +This is concrete evidence against the criticism that futarchy markets are easily manipulated or that token holders vote based on vibes rather than substance. The failure also shows that non-founder community members can propose, even if their proposals face higher scrutiny. + +Note: The later "Release a Launchpad" proposal (2025-02-26) by Proph3t and Kollan succeeded — same concept, dramatically better specification. + +## Relationship to KB +- [[metadao]] — governance decision, quality filtering +- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — this proposal was too simple to pass +- [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]] — the market correctly filtered a low-quality proposal + +--- + +Relevant Entities: +- [[metadao]] — parent organization +- [[futardio]] — the entity that was eventually created + +Topics: +- [[internet finance and decision markets]]