rio: extract from 2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md
- Source: inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
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entities/internet-finance/futuredao.md
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entities/internet-finance/futuredao.md
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---
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type: entity
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entity_type: company
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name: "FutureDAO"
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domain: internet-finance
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status: active
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founded: 2024
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platform: "Solana"
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parent_org: "MetaDAO"
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key_metrics:
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governance: "futarchy via MetaDAO infrastructure"
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product: "Future Protocol token migration tools"
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tracked_by: rio
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created: 2026-03-11
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---
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# FutureDAO
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## Overview
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FutureDAO is a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure. The organization builds the Future Protocol, which provides on-chain token migration tools to help communities affected by rug pulls recover and restore value. FutureDAO positions itself as Solana's Emergency Response Team (S.E.R.T.).
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## Timeline
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- **2024-06-14** — [[futuredao-fund-rug-bounty-program]] proposed: $5,000 USDC budget for Rug Bounty Platform development
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- **2024-06-17** — Rug Bounty Program proposal voting ended
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- **2024-06-19** — Rug Bounty Program proposal completed and passed
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## Relationship to KB
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- [[MetaDAO]] — governance infrastructure provider
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- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance model
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- Product addresses rug pull recovery, a significant problem in crypto communities
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## Products
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- **Token Migration Tool** — on-chain tool for community takeovers of rugged projects
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- **Rug Bounty Program (RugBounty.xyz)** — incentive system for onboarding rugged communities to migration tool
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- **$FUTURE token** — governance and utility token for the protocol
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@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2024-06-14** — FutureDAO (MetaDAO-governed project) proposed Rug Bounty Program with $5,000 USDC budget; passed 2024-06-19
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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 +6,13 @@ url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGz
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date: 2024-06-14
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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, 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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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Source is a futarchy governance proposal for product development funding. Created entity pages for FutureDAO (new organization) and the decision market (proposal entity). No novel claims about futarchy mechanisms — the proposal uses standard MetaDAO Autocrat infrastructure. The rug bounty mechanism itself is a product feature, not a governance innovation. Key contribution is documenting FutureDAO as a MetaDAO-governed project building rug pull recovery tools."
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---
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## Proposal Details
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@ -180,3 +184,11 @@ For more detailed information, you can visit the FutureDAO [Gitbook](https://fu
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- Autocrat version: 0.3
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- Completed: 2024-06-19
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- Ended: 2024-06-17
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## Key Facts
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- FutureDAO Rug Bounty Program budget: $5,000 USDC ($3K platform, $1K website, $1K QA, $1K+ operational)
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- Rug Bounty success criteria: >60% of original presale target raised in SOL
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- FutureDAO positions as 'Solana's Emergency Response Team (S.E.R.T.)'
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- Proposal 2 for FutureDAO, passed 2024-06-19 after 3-day voting period
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- Autocrat version 0.3 used for governance
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