rio: extract from 2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md
- Source: inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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@ -46,6 +46,8 @@ 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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- **2024-08-28** — [[metadao-create-futardio]] proposed: $100k grant to build memecoin launchpad with futarchy governance, targeting Q3 2024 launch
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- **2024-09-01** — [[metadao-create-futardio]] failed: MetaDAO's futarchy governance rejected the Futardio proposal, platform was never built
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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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@ -48,3 +48,7 @@ Relevant Entities:
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Topics:
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- [[internet finance and decision markets]]
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## Timeline
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- **2024-09-01** — [[metadao-create-futardio]] failed: Market rejected proposal to build Futardio memecoin launchpad citing reputational risk to futarchy's credibility
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@ -53,6 +53,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2026-03** — Ranger liquidation proposal; treasury subcommittee formation
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2024-09-01** — [[metadao-create-futardio]] failed: Market rejected proposal to build Futardio memecoin launchpad, demonstrating futarchy governance rejecting strategic expansion that risked reputational damage
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/GugKjNpirFNaaRkEStRKGJPnutptsnTA3XuCJ8nwaVt
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date: 2024-08-28
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domain: internet-finance
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format: data
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status: unprocessed
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status: enrichment
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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enrichments_applied: ["futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md", "MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "This is a failed MetaDAO governance proposal, not evidence that Futardio was built or succeeded. The proposal's failure is itself significant evidence challenging the claim that futarchy-governed memecoins attract capital at scale. Created decision_market entity for the proposal and updated parent entities (MetaDAO, Futardio product). No new claims extracted - all insights enrich existing claims about futarchy adoption friction and memecoin governance viability."
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---
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## Proposal Details
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@ -353,3 +358,15 @@ This would all be left to the discretion of the team building it, but they would
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- Autocrat version: 0.3
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- Completed: 2024-09-01
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- Ended: 2024-09-01
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## Key Facts
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- Futardio proposal GugKjNpirFNaaRkEStRKGJPnutptsnTA3XuCJ8nwaVtK was proposal #10 on MetaDAO
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- Proposal created 2024-08-28, failed 2024-09-01
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- Proposed $100k grant over 6 months for development team
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- Target launch was Q3 2024
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- Proposers: Nallok and Proph3t (futard.io)
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- Platform would have allocated percentage of each memecoin to futarchy DAO
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- Points would convert to $FUTA token within 180 days
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- Revenue distribution via claimable vault to FUTA holders
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- Planned immutable deployment on IPFS or Arweave
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