extract: 2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition

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@ -43,6 +43,12 @@ Single-case evidence limits generalizability. The failure could be specific to:
However, this case provides concrete evidence that [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] operates even when the economics appear favorable.
### Additional Evidence (confirm)
*Source: [[2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition]] | Added: 2026-03-15*
The Drift Creator Competition proposal offered a structured marketing campaign with defined deliverables (video content, Twitter threads, trade ideas) and measurable outcomes (community engagement, B.E.T awareness) for $8,250. The proposal included clear evaluation criteria and distribution through established platform (Superteam Earn). Despite these favorable characteristics, it failed to pass, suggesting the failure mechanism was insufficient trader participation rather than negative market assessment of the proposal's value.
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Relevant Notes:

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMG
date: 2024-08-27
domain: internet-finance
format: data
status: unprocessed
status: enrichment
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-15
enrichments_applied: ["futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
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## Proposal Details
@ -75,3 +79,12 @@ Link to campaign details and evaluation criteria: [Link](https://docs.google.com
- Autocrat version: 0.3
- Completed: 2024-08-31
- Ended: 2024-08-31
## Key Facts
- Drift is the largest open-sourced perpetual futures exchange built on Solana
- Drift launched B.E.T, described as Solana's first capital efficient prediction market
- The Drift Creator Competition proposal included three bounty tracks plus grand prize: Grand prize ($3,000), Video content ($1,750), Twitter threads ($1,750), Trade ideas ($1,750)
- Prize structure for each track: 1st place $1,000, 2nd place $500, 3rd place $250
- Proposal was to be executed through Superteam Earn platform
- Funding would come from Drift Foundation Grants Program in DRIFT tokens