diff --git a/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md b/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md index 672867381..1caa32313 100644 --- a/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md +++ b/domains/internet-finance/futarchy-governed-memecoin-launchpads-face-reputational-risk-tradeoff-between-adoption-and-credibility.md @@ -29,7 +29,7 @@ This claim extends futarchy-governed-permissionless-launches-require-brand-separ ### Additional Evidence (confirm) -*Source: [[2026-03-05-futardio-launch-phonon-studio-ai]] | Added: 2026-03-16* +*Source: 2026-03-05-futardio-launch-phonon-studio-ai | Added: 2026-03-16* Phonon Studio AI raised $88,888 target but ended in 'Refunding' status within one day (launched 2026-03-05, closed 2026-03-06). The project had live product traction (1000+ songs generated in first week, functional tokenized AI artist logic) but still failed to attract capital, suggesting futarchy-governed launches face quality perception issues even when projects demonstrate real product-market validation. diff --git a/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md b/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md index f8633cf81..65267c821 100644 --- a/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md +++ b/domains/internet-finance/memecoin-governance-is-ideal-futarchy-use-case-because-single-objective-function-eliminates-long-term-tradeoff-ambiguity.md @@ -30,7 +30,7 @@ This claim complements [[coin price is the fairest objective function for asset ### Additional Evidence (confirm) -*Source: [[2024-08-14-futardio-proposal-develop-memecoin-launchpad]] | Added: 2026-03-15* +*Source: 2024-08-14-futardio-proposal-develop-memecoin-launchpad | Added: 2026-03-15* 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. diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 0baf3aa22..3803f4d63 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -58,8 +58,8 @@ The futarchy governance protocol on Solana. Implements decision markets through - **2024-03-02** — [[metadao-increase-meta-liquidity-dutch-auction]] passed: completed Dutch auction and liquidity provision, moving all protocol-owned liquidity to Meteora 1% fee pool - **2025-01-27** — [[metadao-otc-trade-theia-2]] proposed: Theia offers $500K for 370.370 META at 14% premium with 12-month vesting - **2025-01-30** — [[metadao-otc-trade-theia-2]] passed: Theia acquires 370.370 META tokens for $500,000 USDC -- **2023-11-18** — [[metadao-develop-lst-vote-market]] proposed: first product development proposal requesting 3,000 META to build Votium-style validator bribe platform for MNDE/mSOL holders -- **2023-11-29** — [[metadao-develop-lst-vote-market]] passed: approved LST Vote Market development with projected $10.5M enterprise value addition +- **2023-11-18** — metadao-develop-lst-vote-market proposed: first product development proposal requesting 3,000 META to build Votium-style validator bribe platform for MNDE/mSOL holders +- **2023-11-29** — metadao-develop-lst-vote-market passed: approved LST Vote Market development with projected $10.5M enterprise value addition - **2023-12-03** — Proposed Autocrat v0.1 migration with configurable proposal slots and 3-day default duration - **2023-12-13** — Completed Autocrat v0.1 migration, moving 990,000 META, 10,025 USDC, and 5.5 SOL to new program despite unverifiable build - **2024-01-24** — Proposed AMM program to replace CLOB markets, addressing liquidity fragmentation and state rent costs (Proposal CF9QUBS251FnNGZHLJ4WbB2CVRi5BtqJbCqMi47NX1PG)