Merge pull request 'extract: 2024-08-14-futardio-proposal-develop-memecoin-launchpad' (#958) from extract/2024-08-14-futardio-proposal-develop-memecoin-launchpad into main
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3 changed files with 67 additions and 1 deletions
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@ -28,6 +28,12 @@ From the proposal:
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This claim complements [[coin price is the fairest objective function for asset futarchy]] by identifying the specific context where coin price is unambiguously correct: assets with no purpose beyond speculation. It also relates to [[redistribution proposals are futarchys hardest unsolved problem because they can increase measured welfare while reducing productive value creation]]—memecoins avoid this problem by having no productive value to begin with.
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### Additional Evidence (confirm)
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*Source: [[2024-08-14-futardio-proposal-develop-memecoin-launchpad]] | Added: 2026-03-15*
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MetaDAO's Futardio proposal explicitly states: 'One of the ideal use-cases for futarchy is memecoin governance. This is because memecoin holders only want the price of the token to increase. There's no question of "maybe the market knows what's the best short-term action, but not the best long-term action."' This provides direct confirmation from MetaDAO itself that memecoins eliminate the temporal tradeoff problem that complicates futarchy in other contexts.
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---
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Relevant Notes:
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@ -0,0 +1,44 @@
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{
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"rejected_claims": [
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{
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"filename": "futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md",
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"issues": [
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"missing_attribution_extractor"
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]
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},
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{
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"filename": "memecoin-launchpad-with-futarchy-allocation-creates-governance-bootstrapping-mechanism.md",
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"issues": [
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"missing_attribution_extractor"
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]
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},
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{
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"filename": "hyperstructure-deployment-requires-immutability-open-source-and-decentralized-governance-before-token-launch.md",
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"issues": [
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"no_frontmatter"
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]
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}
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],
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"validation_stats": {
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"total": 3,
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"kept": 0,
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"fixed": 7,
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"rejected": 3,
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"fixes_applied": [
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"futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md:set_created:2026-03-15",
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"futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md:stripped_wiki_link:memecoin-governance-is-ideal-futarchy-use-case-because-singl",
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"futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md:stripped_wiki_link:futarchy-governed-permissionless-launches-require-brand-sepa",
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"memecoin-launchpad-with-futarchy-allocation-creates-governance-bootstrapping-mechanism.md:set_created:2026-03-15",
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"memecoin-launchpad-with-futarchy-allocation-creates-governance-bootstrapping-mechanism.md:stripped_wiki_link:MetaDAO-is-the-futarchy-launchpad-on-Solana-where-projects-r",
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"memecoin-launchpad-with-futarchy-allocation-creates-governance-bootstrapping-mechanism.md:stripped_wiki_link:futarchy-governed-meme-coins-attract-speculative-capital-at-",
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"hyperstructure-deployment-requires-immutability-open-source-and-decentralized-governance-before-token-launch.md:set_created:2026-03-15"
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],
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"rejections": [
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"futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md:missing_attribution_extractor",
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"memecoin-launchpad-with-futarchy-allocation-creates-governance-bootstrapping-mechanism.md:missing_attribution_extractor",
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"hyperstructure-deployment-requires-immutability-open-source-and-decentralized-governance-before-token-launch.md:no_frontmatter"
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]
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},
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"model": "anthropic/claude-sonnet-4.5",
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"date": "2026-03-15"
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}
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/J57DcV2yQGiDpSetQHui6Piwjwsbet2ozXVPG77kTvT
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date: 2024-08-14
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domain: internet-finance
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format: data
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status: unprocessed
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status: 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: 2026-03-15
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enrichments_applied: ["memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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---
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## Proposal Details
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@ -124,3 +128,15 @@ 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: 2024-08-18
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- Ended: 2024-08-18
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## Key Facts
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- MetaDAO Futardio proposal was created on 2024-08-14 and completed on 2024-08-18 with Failed status
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- Proposal account: J57DcV2yQGiDpSetQHui6Piwjwsbet2ozXVPG77kTvTd
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- Proposal number: 5
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- Proposer: 65U66fcYuNfqN12vzateJhZ4bgDuxFWN9gMwraeQKByg
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- Futardio would have offered $100k grant paid over 6 months to development team
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- Target launch window was Q3 2024
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- Points-to-token conversion capped at 180 days maximum
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- FUTA token distribution limited to points owners and MetaDAO only
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- Nallok and Proph3t would support but not be core team
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