extract: 2026-03-05-futardio-launch-blockrock

Pentagon-Agent: Ganymede <F99EBFA6-547B-4096-BEEA-1D59C3E4028A>

domains/internet-finance/futarchy-excels-at-relative-selection-but-fails-at-absolute-prediction-because-ordinal-ranking-works-while-cardinal-estimation-requires-calibration.md

@@ -41,6 +41,12 @@ ORE's HNT-ORE boost proposal demonstrates futarchy's strength in relative select
 
 ORE's three-tier boost multiplier system (vanilla stake, critical pairs, extended pairs) demonstrates futarchy's strength at relative ranking. The proposal doesn't require markets to predict absolute HNT-ORE liquidity outcomes, only to rank this boost against alternatives. Future proposals apply to tiers as wholes, further simplifying the ordinal comparison task.
 
+
+### Additional Evidence (extend)
+*Source: [[2026-03-05-futardio-launch-blockrock]] | Added: 2026-03-16*
+
+BlockRock explicitly argues futarchy works better for liquid asset allocation than illiquid VC: 'Futarchy governance works by letting markets price competing outcomes, but private VC deals are difficult to price with asymmetric information, long timelines, and binary outcomes. Liquid asset allocation for risk-adjusted returns gives futarchy the pricing efficiency it requires.' This identifies information asymmetry and timeline as the boundary conditions where futarchy pricing breaks down.
+
 ---
 
 Relevant Notes:

inbox/archive/2026-03-05-futardio-launch-blockrock.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/J7CmLqfMLVq67swRQa6xCWn7VcyfpyhFSiQdJYNwkP8k"
 date: 2026-03-05
 domain: internet-finance
 format: data
-status: unprocessed
+status: enrichment
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-16
+enrichments_applied: ["futarchy-excels-at-relative-selection-but-fails-at-absolute-prediction-because-ordinal-ranking-works-while-cardinal-estimation-requires-calibration.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Launch Details
@@ -193,3 +197,13 @@ BlockRock is designed to scale to trillions in assets under management. The toke
 - Token mint: `D9o2F3Pu7gowtZr1PjPFiQr4DwVPkNJhqPjpVRwjmeta`
 - Version: v0.7
 - Closed: 2026-03-06
+
+
+## Key Facts
+- BlockRock targeted $500,000 fundraise on futard.io
+- BlockRock raised only $100 before entering refunding status
+- BlockRock launch lasted one day (2026-03-05 to 2026-03-06)
+- BlackRock earns ~73% of revenue from management fees and only ~5% from performance fees
+- BlackRock has 20,000+ employees, 70+ global offices, and 1,700+ ETFs
+- Asset management industry is $120T+
+- BlockRock cited MtnCapital as precedent for futarchy-governed investment fund that wound down safely