From 88d12fcfca0c7f44197e298ece06593e6eb46d11 Mon Sep 17 00:00:00 2001 From: m3taversal Date: Mon, 16 Mar 2026 20:22:15 +0000 Subject: [PATCH] Auto: entities/internet-finance/umia.md | 1 file changed, 54 insertions(+) --- entities/internet-finance/umia.md | 54 +++++++++++++++++++++++++++++++ 1 file changed, 54 insertions(+) create mode 100644 entities/internet-finance/umia.md diff --git a/entities/internet-finance/umia.md b/entities/internet-finance/umia.md new file mode 100644 index 00000000..6f8fc20c --- /dev/null +++ b/entities/internet-finance/umia.md @@ -0,0 +1,54 @@ +--- +type: entity +entity_type: protocol +name: "Umia Finance" +domain: internet-finance +handles: ["@umia_finance"] +website: https://www.umia.finance +status: pre-launch +tracked_by: rio +created: 2026-03-16 +founded: 2026 +founders: ["Francesco Mosterts"] +category: "Futarchy governance platform + fundraising via Quantum Markets (Ethereum)" +stage: pre-launch +built_on: ["Ethereum"] +partnerships: ["[[chainbound]]"] +tags: ["futarchy", "decision-markets", "quantum-markets", "governance", "fundraising", "qORG"] +--- + +# Umia Finance + +## Overview + +Futarchy-governed launch, fundraising, and governance platform on Ethereum. First implementation of Paradigm's Quantum Markets mechanism (June 2025). Enables creation and governance of qORGs (Quantum Organisations) — market-governed organizations backed by immutable onchain protocol and legal framework. + +## Product Components + +- **Quantum Markets** — shared liquidity across all proposal markets. Traders deposit once, receive credits on all active proposals. Non-winning markets fully revert. Solves capital inefficiency of MetaDAO's per-proposal bootstrapping. +- **CCA (Continuous Crowdsale Auction)** — trust-minimized fundraising mechanism with zkTLS and zkPassport community verification. Rewards early participants. +- **Decision Markets** — futarchy-based governance where treasury controlled exclusively through market mechanisms. Users trade conditional tokens. +- **qORGs (Quantum Organisations)** — market-governed organizations. Legal wrapper: Umia Governance SPC. + +## Team & Infrastructure + +- **Chainbound** partnership — blockchain infrastructure R&D ($4.6M seed, August 2024) +- **Francesco Mosterts** — co-founder of both Chainbound and Umia +- **Jonas Bostoen** — Chainbound CTO + +## Current State + +- App: "Coming Soon" (pre-launch as of March 2026) +- First qORG will govern Umia protocol itself using its own decision markets +- Docs and blog active (Jan-Feb 2026 posts) +- Launching on Ethereum + +## Competitive Position + +Direct competitor to MetaDAO on Solana. Key differentiation: quantum market mechanism (shared liquidity vs per-proposal bootstrapping). Key disadvantage: no production data vs MetaDAO's 2+ years of live operation. + +## Relationship to KB + +- [[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]] — Ethereum competitor +- [[quantum-markets-solve-futarchy-capital-inefficiency-by-sharing-liquidity-across-all-proposals-instead-of-bootstrapping-new-markets-per-decision]] — core mechanism +- [[futarchy-clob-liquidity-fragmentation-creates-wide-spreads-because-pricing-counterfactual-governance-outcomes-has-inherent-uncertainty]] — the problem Umia's quantum markets address