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Teleo Agents 2026-03-16 13:13:31 +00:00
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domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md
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@ -50,7 +50,7 @@ Solomon raised $102.9M committed against $2M target (51x oversubscription), clos
### Additional Evidence (challenge)
*Source: [[2026-02-03-futardio-launch-hurupay]] | Added: 2026-03-16*
*Source: 2026-02-03-futardio-launch-hurupay | Added: 2026-03-16*
Hurupay raised $2,003,593 against a $3,000,000 target (67% of goal) and entered 'Refunding' status, demonstrating that futarchy-governed fundraises can fail to meet targets. This contrasts with the 15x oversubscription pattern and suggests market mechanisms can reject projects even with demonstrated traction ($36M+ processed volume, $500K+ revenue, 30K+ users).